Intel Corporation $INTC Shares Sold by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC decreased its holdings in shares of Intel Corporation (NASDAQ:INTC) by 15.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,985 shares of the chip maker’s stock after selling 10,253 shares during the period. Frank Rimerman Advisors LLC’s holdings in Intel were worth $6,851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. ABS Investment Management LLC bought a new stake in shares of Intel in the 2nd quarter valued at approximately $694,101,000. Montgomery Financial Services LLC bought a new stake in Intel in the second quarter valued at $26,000. Knuff & Co LLC bought a new stake in Intel in the second quarter valued at $29,000. Glynn Capital Management LLC acquired a new position in Intel during the second quarter worth $29,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in shares of Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after acquiring an additional 223 shares during the period. Institutional investors own 64.53% of the company’s stock.

Insider Buying and Selling at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.05% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s history of exceeding earnings estimates and favorable revenue and earnings trends are prompting analysts to argue that the company could deliver another quarterly beat. Will Intel Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Consumer research from LikeFolio indicates improving sentiment toward Intel, suggesting demand for its products remains resilient even as Nvidia introduces competing laptops. Consumer Sentiment Surge Follows Stock Trends
• Positive Sentiment: One prominent analyst sees substantial upside if Intel successfully executes its foundry strategy and wins advanced AI-chip manufacturing business, although that thesis depends on an unproven turnaround. Analyst Says Intel Could Double
• Neutral Sentiment: The administration’s new review of AI risks could lead to future regulation of AI systems and data centers. The report is not an Intel-specific development, but could affect demand for AI infrastructure over time. Trump Task Force Orders Report on AI Dangers
• Negative Sentiment: A broad rotation out of AI and semiconductor stocks is pressuring Intel, AMD and other chipmakers as investors question AI infrastructure valuations, financing conditions and the durability of spending. Rotation Out of AI Chip Stocks Continues
• Negative Sentiment: Investors are also weighing competitive and operational risks: TSMC suggested it could support customers if Intel’s advanced-packaging ramp falls short, while an explosion and fire at Intel’s Kiryat Gat facility in Israel added company-specific uncertainty. Reports of progress by Chinese rival CXMT further intensified concerns about Intel’s competitive position. TSMC Comments on Intel Packaging Ramp

Intel Trading Down 5.8%

INTC stock opened at $89.85 on Friday. The business has a fifty day moving average price of $103.05 and a 200 day moving average price of $101.31. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The stock has a market capitalization of $453.20 billion, a price-to-earnings ratio of -42.58, a P/E/G ratio of 9.57 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The business’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts expect that Intel Corporation will post 1.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

INTC has been the topic of several recent analyst reports. The Goldman Sachs Group restated a “neutral” rating on shares of Intel in a research note on Thursday, July 23rd. Barclays upgraded shares of Intel from a “hold” rating to an “overweight” rating in a research report on Wednesday, September 16th. Daiwa Securities Group cut shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Piper Sandler initiated coverage on shares of Intel in a report on Wednesday, September 9th. They set a “neutral” rating and a $110.00 price target for the company. Finally, Bank of America reduced their price target on shares of Intel from $160.00 to $145.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $109.06.

Intel Company Profile

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.