Texas Capital Bank Wealth Management Services Inc Reduces Stock Holdings in Intel Corporation $INTC

Texas Capital Bank Wealth Management Services Inc lowered its holdings in Intel Corporation (NASDAQ:INTC) by 14.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 57,917 shares of the chip maker’s stock after selling 9,941 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in Intel were worth $8,087,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. iA Global Asset Management Inc. raised its position in shares of Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares during the period. Whalerock Point Partners LLC bought a new position in Intel in the 4th quarter worth approximately $205,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in Intel in the 4th quarter valued at approximately $185,000. Northwestern Mutual Wealth Management Co. grew its stake in Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after buying an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in Intel by 1.3% during the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock valued at $1,255,076,000 after acquiring an additional 423,481 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction 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 transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.05% of the stock is owned by corporate insiders.

Intel Trading Down 2.8%

Shares of INTC stock opened at $89.47 on Friday. 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 Corporation has a 52-week low of $23.68 and a 52-week high of $142.35. The company has a market capitalization of $451.29 billion, a PE ratio of -42.40 and a beta of 2.22. The business’s fifty day moving average is $104.64 and its 200 day moving average is $86.39.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period in the prior year, the company earned ($0.10) EPS. The company’s quarterly 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. On average, equities research analysts anticipate that Intel Corporation will post 1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on INTC shares. Arete Research raised their price target on Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Stifel Nicolaus decreased their price objective on Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Bank of America dropped their price objective on Intel from $160.00 to $145.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Roth Capital raised their target price on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, Daiwa Securities Group lowered Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Intel currently has an average rating of “Hold” and an average price target of $107.46.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
• Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
• Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
• Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
• Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
• Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

Intel 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.