Cidel Asset Management Inc. Sells 23,960 Shares of Intel Corporation $INTC

Cidel Asset Management Inc. cut its position in Intel Corporation (NASDAQ:INTC) by 27.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,985 shares of the chip maker’s stock after selling 23,960 shares during the quarter. Cidel Asset Management Inc.’s holdings in Intel were worth $8,795,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Financially Speaking Inc boosted its holdings in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after acquiring an additional 279 shares during the period. Financial Life Planners acquired a new stake in shares of Intel in the first quarter valued at about $25,000. Montgomery Financial Services LLC bought a new position in shares of Intel in the second quarter worth about $26,000. Glynn Capital Management LLC bought a new position in shares of Intel in the second quarter worth about $29,000. Finally, Knuff & Co LLC acquired a new position in shares of Intel during the 2nd quarter worth about $29,000. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Pivotal Research began coverage on Intel in a research note on Tuesday. They set a “buy” rating for the company. Piper Sandler began coverage on Intel in a research report on Wednesday. They issued a “neutral” rating and a $110.00 price target on the stock. Robert W. Baird upped their price target on Intel from $75.00 to $125.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Oppenheimer initiated coverage on Intel in a report on Thursday, June 11th. They set an “outperform” rating for the company. Finally, Jefferies Financial Group started coverage on Intel in a research report on Thursday, June 11th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $107.80.

Intel Stock Up 2.6%

NASDAQ INTC opened at $102.94 on Friday. Intel Corporation has a twelve month low of $24.05 and a twelve month high of $142.35. The stock has a market cap of $519.23 billion, a PE ratio of -48.79, a PEG ratio of 10.75 and a beta of 2.22. The firm has a 50-day simple moving average of $97.86 and a 200 day simple moving average of $89.89. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts forecast that Intel Corporation will post 1.04 EPS for the current year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Insider Buying and Selling at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.