Journey Advisory Group LLC Sells 6,529 Shares of Intel Corporation $INTC

Journey Advisory Group LLC trimmed its position in Intel Corporation (NASDAQ:INTC) by 20.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 24,696 shares of the chip maker’s stock after selling 6,529 shares during the period. Journey Advisory Group LLC’s holdings in Intel were worth $3,448,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Financially Speaking Inc raised its holdings in Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares during the period. Financial Life Planners bought a new stake in Intel during the first quarter valued at about $25,000. Swiss RE Ltd. bought a new stake in Intel during the fourth quarter valued at about $29,000. Osbon Capital Management LLC acquired a new stake in shares of Intel in the fourth quarter valued at about $30,000. Finally, Beaird Harris Wealth Management LLC grew its position in shares of Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 223 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Tigress Financial boosted their price objective on Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Wall Street Zen lowered Intel from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Susquehanna lifted their price target on Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research report on Friday, July 24th. Finally, Stifel Nicolaus cut their price target on Intel from $120.00 to $110.00 and set a “hold” rating for the company in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Intel presently has a consensus rating of “Hold” and an average target price of $107.46.

Insider Activity at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 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: Institutional buying provides support: Tiger Global reportedly increased its Intel position during the second quarter, adding to recent bullish interest in the company’s AI, data-center, and foundry businesses. Tiger Global Added to Its Position in Intel in Q2
• Positive Sentiment: CEO purchase signals confidence: Intel CEO Lip-Bu Tan reportedly bought another 105,000 shares, a potentially favorable signal regarding management’s view of the company’s turnaround and long-term prospects. CEO Lip-Bu Tan Just Bought Another 105,000 Shares of Intel Stock
• Positive Sentiment: Operating momentum remains a potential catalyst: Intel’s latest reported quarter exceeded consensus EPS and revenue estimates, with revenue up 25.2% year over year. Coverage also points to a growing role for Intel in AI hardware and data-center demand.
• Neutral Sentiment: Government investment remains under scrutiny: Intel’s shares slipped as Commerce Secretary Howard Lutnick defended the U.S. government’s purchase of roughly 10% of the company. The investment could improve strategic and financial support, but its unusual structure has prompted investor uncertainty. Intel Stock Slips as Howard Lutnick Defends Intel Deal
• Negative Sentiment: Potential dilution weighs on sentiment: Reports that Intel is pursuing a stock offering of approximately $15 billion raise concerns about shareholder dilution, even if the proceeds are intended to fund expansion and capitalize on AI demand. Intel Embarks on $15 Billion Stock Offering
• Negative Sentiment: High-profile selling reinforces profit-taking concerns: Stanley Druckenmiller’s Duquesne Family Office reportedly exited its Intel position in the second quarter, selling about 411,400 shares while reallocating capital to other AI and robotics opportunities. Druckenmiller Dumped Micron, Intel and Broadcom
• Negative Sentiment: Analyst caution and valuation risk persist: Intel carries an average analyst rating of “Hold,” while some coverage argues that Nvidia and AMD offer better risk-adjusted upside. Investors remain concerned that Intel’s recent rally has priced in much of the turnaround before sustained profitability is established.

Intel Stock Down 2.2%

Shares of INTC opened at $90.07 on Friday. The company has a 50-day simple moving average of $108.43 and a 200-day simple moving average of $85.00. The firm has a market capitalization of $454.31 billion, a P/E ratio of -42.69 and a beta of 2.22. 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 $23.65 and a 52 week high of $142.35.

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 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 the consensus estimate of $14.43 billion. During the same period last year, the business earned ($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. On average, equities research analysts expect that Intel Corporation will post 1.01 earnings per share for the current year.

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.