SCS Capital Management LLC Sells 9,855 Shares of Intel Corporation $INTC

SCS Capital Management LLC lowered its stake in Intel Corporation (NASDAQ:INTC) by 69.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,238 shares of the chip maker’s stock after selling 9,855 shares during the quarter. SCS Capital Management LLC’s holdings in Intel were worth $592,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in INTC. Southern Financial Group LLC increased 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 worth $632,000 after purchasing an additional 90 shares during the last quarter. Harrell Investment Partners LLC boosted its stake in Intel by 0.4% during the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock valued at $3,250,000 after buying an additional 100 shares during the last quarter. TFR Capital LLC. boosted its stake in Intel by 0.4% during the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock valued at $3,720,000 after buying an additional 100 shares during the last quarter. Wynn Capital LLC grew its holdings in Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock valued at $3,793,000 after buying an additional 104 shares in the last quarter. Finally, Demars Financial Group LLC grew its holdings in Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after buying an additional 125 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s new Diamond Rapids, Crescent Island and Wildcat Lake processor platforms are strengthening its positioning in data centers, enterprise AI and edge computing. Investors view the expanded portfolio as evidence that Intel is working to close its AI gap. Intel Unveils Next-Gen AI Processors
• Positive Sentiment: Strong operating cash generation is another supportive factor. Intel produced $8.1 billion of cash from operations in the first half of 2026, compared with $2.86 billion a year earlier, although heavy investment continues to pressure free cash flow. Intel Cash Flow Growth
• Positive Sentiment: Investor attention has also been boosted by Nancy Pelosi’s reported purchase of Intel shares and call options, while some large institutions increased their holdings. Separately, semiconductor stocks received a broader lift ahead of Nvidia’s earnings, encouraging interest in Intel’s AI strategy. Nancy Pelosi Intel Purchase
• Neutral Sentiment: Intel’s second-quarter results were substantially better than expected, with revenue up about 25% year over year to $16.1 billion and adjusted EPS of $0.42 versus a $0.21 consensus estimate. Investors now need evidence that this improvement can persist.
• Negative Sentiment: The company’s recently completed $20 billion stock offering is weighing on sentiment because of shareholder dilution. The funds support foundry expansion and AI investment, but the strategy will require significant spending before generating attractive returns. Intel $20 Billion Share Sale
• Negative Sentiment: Analyst Simon Leopold warned that Intel faces intense competition and questioned whether its foundry ambitions can deliver profitable growth. AMD’s improving data-center CPU position and Intel’s technically weak chart are adding pressure. Analyst Warning on Intel

Intel Stock Up 0.9%

Shares of NASDAQ INTC opened at $88.24 on Thursday. Intel Corporation has a 1 year low of $23.68 and a 1 year high of $142.35. The firm has a 50-day simple moving average of $106.37 and a two-hundred day simple moving average of $86.08. The company has a market cap of $445.08 billion, a P/E ratio of -41.82 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating 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 firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter in the prior year, the firm posted ($0.10) earnings per share. The company’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on INTC. New Street Research upped their price objective on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Truist Financial raised their target price on shares of Intel from $81.00 to $108.00 and gave the company a “hold” rating in a report on Friday, July 24th. UBS Group reduced their price target on shares of Intel from $121.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 12th. KeyCorp set a $125.00 price target on shares of Intel in a research note on Friday, July 24th. Finally, DA Davidson increased their price objective on shares of Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $107.46.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.05% of the stock is currently owned by insiders.

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.