Westmount Partners LLC lowered its position in Intel Corporation (NASDAQ:INTC – Free Report) by 24.4% during the 2nd quarter, Holdings Channel reports. The firm owned 21,865 shares of the chip maker’s stock after selling 7,073 shares during the quarter. Westmount Partners LLC’s holdings in Intel were worth $3,053,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Southern Financial Group LLC lifted its holdings in shares of Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after buying an additional 90 shares during the period. Demars Financial Group LLC increased its stake in shares of Intel by 1.7% during the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after buying an additional 125 shares during the period. Human Investing LLC raised its holdings in shares of Intel by 0.9% in the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock valued at $641,000 after acquiring an additional 126 shares in the last quarter. Raleigh Capital Management Inc. raised its holdings in shares of Intel by 15.9% in the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after acquiring an additional 127 shares in the last quarter. Finally, Angeles Wealth Management LLC lifted its stake in Intel by 0.7% in the first quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock worth $843,000 after acquiring an additional 134 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.
More Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel’s turnaround is showing tangible progress: second-quarter revenue rose roughly 25% year over year to $16.1 billion, while improving 18A manufacturing yields, narrowing foundry losses and stronger AI-related demand support the company’s recovery strategy. Management’s higher capital spending reportedly reflects customer commitments and planned capacity expansion. Intel’s Turnaround Entered a New Phase
- Positive Sentiment: SoftBank’s quarterly results highlighted an approximately $8.2 billion gain tied largely to its Intel investment, reinforcing market confidence in Intel’s recent appreciation and its role in the AI-chip investment cycle. SoftBank earnings exceed expectations
- Positive Sentiment: AI infrastructure continues to drive demand for semiconductor funds that include Intel, supporting sector-wide momentum and investor interest in the company’s data-center and foundry opportunities. AI infrastructure trade powers leveraged ETFs
- Neutral Sentiment: Analysts and market commentary remain divided: Intel’s improving execution and potential external foundry customers are encouraging, but the company still must prove it can compete with Taiwan Semiconductor Manufacturing in leading-edge manufacturing. Inside Intel
- Negative Sentiment: Reports of a new CPU-level attack are weighing on sentiment because they raise concerns about processor security, potential remediation costs and reputational risk for Intel. Intel stock slips on CPU-level attack report
- Negative Sentiment: Investors are also taking profits after a sharp multi-month advance, while Daiwa Securities downgraded Intel from “strong buy” to “hold.” Elevated expectations increase the risk of further volatility if execution or foundry customer announcements disappoint. Semiconductor rally report
Intel Stock Performance
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same period last year, the business earned ($0.10) EPS. The company’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts expect that Intel Corporation will post 1.01 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have commented on INTC. KeyCorp set a $125.00 target price on shares of Intel in a research report on Friday, July 24th. Rosenblatt Securities upped their price target on shares of Intel from $65.00 to $80.00 and gave the stock a “sell” rating in a research report on Friday, July 24th. Morgan Stanley increased their price objective on shares of Intel from $75.00 to $84.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Melius Research set a $150.00 price objective on shares of Intel in a report on Monday, May 18th. Finally, Susquehanna boosted their price objective on shares of Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $107.93.
Check Out Our Latest Analysis on Intel
Intel Company Profile
Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.
Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.
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