Intel Corporation $INTC Stock Position Trimmed by Nisa Investment Advisors LLC

Posted by George Bondi on Oct 21st, 2026

Nisa Investment Advisors LLC decreased its position in Intel Corporation (NASDAQ:INTC – Free Report) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,042,762 shares of the chip maker’s stock after selling 11,073 shares during the quarter. Intel accounts for about 0.4% of Nisa Investment Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Nisa Investment Advisors LLC’s holdings in Intel were worth $125,371,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Primecap Management Co. CA purchased a new position in shares of Intel in the second quarter valued at $10,507,291,000. Legal & General Group Plc purchased a new stake in Intel during the 2nd quarter worth $4,096,110,000. Assenagon Asset Management S.A. increased its stake in Intel by 87.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock worth $3,632,722,000 after buying an additional 14,063,302 shares during the period. Canada Pension Plan Investment Board acquired a new position in Intel in the 2nd quarter worth $1,848,438,000. Finally, Bank of America Corp DE lifted its holdings in Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after buying an additional 8,342,514 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

Positive Sentiment: JPMorgan removed its bearish rating: JPMorgan upgraded Intel from Underweight to Neutral, saying confidence is building in management execution, manufacturing improvements and chip design. The change helped drive the prior session’s rebound after Intel’s steep decline. Intel Stock Notches Up as JPMorgan Changes Its Mind
Positive Sentiment: Foundry and AI opportunities provide longer-term support: Intel’s agreement to manufacture Tesla chips using its planned 14A process, along with new products aimed at AI inference and agentic workloads, gives investors more concrete evidence that its costly foundry strategy could attract meaningful customers and demand. Did Foundry Win Just Shift Intel Investment Narrative?
Neutral Sentiment: Analyst views remain divided: JPMorgan’s upgrade signals a more balanced risk/reward outlook, but its reported $85 target remains below recent trading levels. Investors are likely to focus on Intel’s upcoming quarterly results for evidence that the turnaround is translating into sustainable revenue and profitability.
Negative Sentiment: TD Cowen cut its target: TD Cowen lowered Intel’s price target from $115 to $95 and maintained a Hold rating, reflecting continued execution risks and limited near-term upside in its view. Intel Price Target Cut
Negative Sentiment: Semiconductor sentiment has deteriorated: Intel and other chip stocks fell as investors questioned whether the rapid pace of AI infrastructure spending can continue and whether data-center returns will justify elevated capital expenditures. This sector-wide selling is pressuring Intel despite its company-specific catalysts. Why AI Chip Stocks Are Falling
Negative Sentiment: Competitive risks remain: Chinese memory maker CXMT’s progress toward server memory could intensify competition in areas connected to Intel’s data-center ecosystem, while Intel still faces questions about market share, manufacturing execution and the profitability of its foundry investments. Intel Versus Micron and CXMT Competition

Insider Activity at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the purchase, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on INTC shares. Bank of America decreased their price objective on shares of Intel from $160.00 to $145.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. KeyCorp set a $125.00 price target on Intel in a research note on Friday, July 24th. Pivotal Research initiated coverage on Intel in a research note on Tuesday, September 8th. They issued a “buy” rating on the stock. Daiwa Securities Group downgraded Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Susquehanna upgraded Intel from a “hold” rating to a “positive” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twenty-six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $107.98.

Get Our Latest Analysis on Intel

Intel Trading Down 0.4%

NASDAQ INTC opened at $91.69 on Wednesday. Intel Corporation has a 12 month low of $32.89 and a 12 month high of $142.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market capitalization of $462.48 billion, a price-to-earnings ratio of -43.45, a price-to-earnings-growth ratio of 9.77 and a beta of 2.22. The company’s fifty day moving average price is $102.82 and its two-hundred day moving average price is $102.38.

Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same period last year, the business earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, research analysts predict that Intel Corporation will post 1.05 earnings per share for the current fiscal year.

About Intel

(Free Report)

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.