Stonebridge Capital Management Inc. Sells 23,810 Shares of Intel Corporation $INTC

Stonebridge Capital Management Inc. lessened its position in shares of Intel Corporation (NASDAQ:INTC) by 19.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 101,636 shares of the chip maker’s stock after selling 23,810 shares during the quarter. Intel makes up about 6.8% of Stonebridge Capital Management Inc.’s holdings, making the stock its 4th largest position. Stonebridge Capital Management Inc.’s holdings in Intel were worth $14,191,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Southern Financial Group LLC lifted its holdings in shares of Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after purchasing an additional 90 shares in the last quarter. Harrell Investment Partners LLC increased its stake in shares of Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock worth $3,250,000 after purchasing an additional 100 shares in the last quarter. TFR Capital LLC. raised its position in shares of Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock worth $3,720,000 after purchasing an additional 100 shares during the last quarter. Wynn Capital LLC raised its position in shares of Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after purchasing an additional 104 shares during the last quarter. Finally, Bell Investment Advisors Inc lifted its stake in Intel by 4.3% in the 2nd quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker’s stock valued at $404,000 after buying an additional 119 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A reported leak suggesting Intel could launch its Nova Lake client processor lineup as early as 2027 provided a potential catalyst. Earlier availability could strengthen Intel’s product roadmap and support a recovery in its PC and data-center businesses. Intel Stock Gains as Nova Lake Launch Schedule Leaks
• Positive Sentiment: Coverage highlighted Nvidia’s roughly $5 billion investment in Intel, including its purchase of more than 214 million shares at $23.28 each, and the companies’ product collaboration. The large paper gain on Nvidia’s stake reinforces market confidence in Intel’s strategic importance and AI potential, although it does not directly generate new revenue for Intel. Nvidia’s Intel Investment and Partnership
• Positive Sentiment: Intel’s expanded partnership with Kasm Technologies will run private large language models on Xeon 6 processors with Advanced Matrix Extensions, targeting regulated customers that require local and compliant AI. The deal supports Intel’s strategy of positioning Xeon as infrastructure for enterprise AI workloads. Intel Kasm AI Partnership
• Neutral Sentiment: Intel recently reported stronger-than-expected quarterly revenue and earnings, with revenue up 25% year over year, while management expects 2026 capital expenditures to exceed $20 billion and spending to rise significantly in 2027. The investment could support future manufacturing and AI growth, but it increases execution and cash-flow demands. Intel’s Five-Year Outlook
• Neutral Sentiment: A separate report said Intel’s 14A manufacturing process is beginning to demonstrate its strategic value, offering a potential long-term foundry catalyst. However, meaningful financial benefits depend on customer commitments and successful execution.
• Negative Sentiment: Mizuho analyst Vijay Rakesh cut his Intel price target to $92 from $109 while retaining a Hold rating, arguing that AI strength may not offset near-term business strain. The revised target leaves limited upside based on the referenced trading level. Mizuho Cuts Intel Price Target
• Negative Sentiment: Intel traded lower in premarket alongside Micron, SanDisk and AMD as semiconductor stocks faced broader sector pressure. Commentary also emphasized AMD’s stronger AI and data-center margin profile, highlighting competitive risks for Intel’s turnaround.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of analyst reports. HC Wainwright set a $150.00 target price on Intel in a report on Monday, June 29th. HSBC restated a “buy” rating on shares of Intel in a research report on Friday, July 24th. TD Cowen increased their price objective on Intel from $75.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Wells Fargo & Company lifted their price objective on Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Finally, Stifel Nicolaus cut their target price on shares of Intel from $120.00 to $110.00 and set a “hold” rating for the company in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Intel has a consensus rating of “Hold” and an average target price of $107.46.

Intel Stock Performance

Intel stock opened at $91.67 on Friday. The firm has a market capitalization of $462.38 billion, a P/E ratio of -43.45, a PEG ratio of 9.94 and a beta of 2.22. The stock has a fifty day moving average price of $101.10 and a 200 day moving average price of $87.85. Intel Corporation has a 52 week low of $23.75 and a 52 week high of $142.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last released its earnings results 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. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the business posted ($0.10) earnings per share. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current year.

About Intel

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.