ZEGA Investments LLC Sells 8,096 Shares of Intel Corporation $INTC

ZEGA Investments LLC lowered its stake in shares of Intel Corporation (NASDAQ:INTC) by 48.1% in the second quarter, Holdings Channel reports. The institutional investor owned 8,743 shares of the chip maker’s stock after selling 8,096 shares during the period. ZEGA Investments LLC’s holdings in Intel were worth $1,221,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Knollwood Investment Advisory LLC purchased a new position in shares of Intel in the 2nd quarter valued at $6,248,000. Syon Capital LLC lifted its stake in shares of Intel by 56.5% during the 2nd quarter. Syon Capital LLC now owns 28,335 shares of the chip maker’s stock worth $3,956,000 after purchasing an additional 10,228 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in Intel by 93.9% during the second quarter. TD Waterhouse Canada Inc. now owns 369,989 shares of the chip maker’s stock valued at $47,003,000 after purchasing an additional 179,187 shares in the last quarter. Premier Path Wealth Partners LLC boosted its position in Intel by 9.8% during the second quarter. Premier Path Wealth Partners LLC now owns 38,216 shares of the chip maker’s stock valued at $5,336,000 after purchasing an additional 3,412 shares in the last quarter. Finally, Lakeshore Financial Planning Inc. purchased a new position in Intel in the second quarter valued at about $309,000. Institutional investors own 64.53% of the company’s stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is reportedly preparing another price increase of roughly 10% for PC and enterprise CPUs, potentially beginning in October. Rising supply-chain costs are a stated reason, but the increase also suggests strong demand and limited customer willingness to switch suppliers. Intel’s stock is rising as the company looks primed to boost prices even more
• Positive Sentiment: Intel and ASML reported that Intel Foundry has processed more than one million wafers using High-NA EUV equipment. The technology is being applied to selected layers of Intel’s 18A process and upcoming Panther Lake chips, offering evidence that Intel’s substantial fabrication investments are moving toward production-scale execution. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High NA EUV
• Positive Sentiment: Northland Securities upgraded Intel from Market Perform to Outperform, citing improved pricing power and the possibility that Elon Musk’s proposed Terafab could provide additional scale for Intel’s currently loss-making foundry business. Wall Street analyst upgrades Intel stock price target
• Neutral Sentiment: Intel’s AI-PC initiative, including an on-device AI agent developed with the University of South Australia, highlights potential product differentiation, although its near-term revenue impact remains uncertain. Can Intel’s AI PC Innovation With ASU Strengthen Its Market Position?
• Negative Sentiment: Mizuho reportedly reduced its price target to $92, pointing to dilution concerns after Intel’s sharp rally and capital needs. This remains a key risk because foundry expansion requires substantial investment and could limit per-share gains. 5-star analyst resets Intel stock price target

Insider Activity at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were purchased 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

Intel Stock Performance

Shares of Intel stock opened at $104.47 on Wednesday. The company has a 50 day moving average price of $99.03 and a 200 day moving average price of $88.96. The firm has a market capitalization of $526.95 billion, a P/E ratio of -49.51, a PEG ratio of 10.58 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. Intel Corporation has a 52 week low of $24.05 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 the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the previous year, the firm earned ($0.10) EPS. Intel’s 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. Sell-side analysts expect that Intel Corporation will post 1.01 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on INTC shares. BTIG Research raised shares of Intel from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Susquehanna boosted their price objective on shares of Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Intel in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $100.00 target price on shares of Intel in a research note on Tuesday, May 12th. Finally, Morgan Stanley lifted their price target on shares of Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. One investment 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $107.74.

Intel Company Profile

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.