Intel Corporation $INTC Shares Sold by Waverly Advisors LLC

12 Sep 2026, 08:51 by Mitch Edgeman · The Markets Daily

Waverly Advisors LLC decreased its holdings in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 10.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 201,768 shares of the chip maker’s stock after selling 23,654 shares during the period. Waverly Advisors LLC’s holdings in Intel were worth $28,173,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. California State Teachers Retirement System boosted its holdings in shares of Intel by 13,422.7% in the 2nd quarter. California State Teachers Retirement System now owns 931,579,105 shares of the chip maker’s stock valued at $130,076,390,000 after buying an additional 924,690,115 shares during the period. State Street Corp raised its stake in Intel by 2.8% during the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares during the period. Capital World Investors raised its stake in Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after acquiring an additional 17,557,147 shares during the period. Geode Capital Management LLC lifted its holdings in Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after acquiring an additional 3,124,798 shares during the last quarter. Finally, Primecap Management Co. CA bought a new position in Intel in the second quarter worth about $10,507,291,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on INTC. Barclays upped their target price on Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. HC Wainwright set a $150.00 price target 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. Sanford C. Bernstein restated a “market perform” rating and set a $110.00 price objective on shares of Intel in a research note on Monday, July 27th. Finally, Rosenblatt Securities increased their target price on Intel from $65.00 to $80.00 and gave the stock a “sell” rating in a research 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 assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $107.80.

View Our Latest Stock Analysis on INTC

Intel News Roundup

Here are the key news stories impacting Intel this week:

Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan purchased 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.05% of the company’s stock.

Intel Stock Performance

INTC opened at $102.94 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $97.86 and its 200-day moving average is $89.89. The stock has a market cap of $519.23 billion, a PE ratio of -48.79, a price-to-earnings-growth ratio of 10.75 and a beta of 2.22. Intel Corporation has a twelve month low of $24.05 and a twelve month high of $142.35.

Intel (NASDAQ:INTC – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $14.43 billion. During the same period in the prior year, the company posted ($0.10) EPS. The business’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, analysts predict that Intel Corporation will post 1.04 earnings per share for the current year.

Intel Company Profile

(Free Report)

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.