Truist Financial Corp Sells 53,354 Shares of Intel Corporation $INTC

Truist Financial Corp reduced its stake in Intel Corporation (NASDAQ:INTC) by 7.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 640,510 shares of the chip maker’s stock after selling 53,354 shares during the period. Truist Financial Corp’s holdings in Intel were worth $21,489,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of INTC. Inman Jager Wealth Management LLC acquired a new stake in Intel during the 3rd quarter worth approximately $266,000. AGP Franklin LLC acquired a new stake in shares of Intel during the third quarter worth $265,000. J. Safra Sarasin Holding AG raised its holdings in Intel by 44.9% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 500,685 shares of the chip maker’s stock valued at $16,798,000 after acquiring an additional 155,136 shares in the last quarter. Phoenix Financial Ltd. acquired a new position in Intel during the third quarter valued at approximately $681,000. Finally, Belpointe Asset Management LLC grew its holdings in shares of Intel by 11.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 43,264 shares of the chip maker’s stock valued at $1,452,000 after purchasing an additional 4,345 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on INTC shares. DZ Bank reaffirmed a “sell” rating on shares of Intel in a research note on Monday, January 26th. Roth Mkm increased their price target on Intel from $40.00 to $50.00 and gave the stock a “neutral” rating in a research note on Friday, January 23rd. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a report on Friday, January 23rd. TD Cowen increased their price objective on Intel from $38.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, January 16th. Finally, Mizuho set a $48.00 price target on Intel in a research note on Friday, January 23rd. Five investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Intel has a consensus rating of “Reduce” and a consensus price target of $45.65.

Intel Stock Performance

Shares of INTC opened at $46.47 on Friday. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $54.60. The stock has a market cap of $232.12 billion, a price-to-earnings ratio of -580.80, a PEG ratio of 15.71 and a beta of 1.35. The business has a 50-day simple moving average of $41.39 and a two-hundred day simple moving average of $33.73. The company has a quick ratio of 1.65, a current ratio of 2.02 and a debt-to-equity ratio of 0.35.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, January 22nd. The chip maker reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.07. Intel had a negative net margin of 0.51% and a negative return on equity of 0.44%. The business had revenue of $13.67 billion for the quarter, compared to the consensus estimate of $13.37 billion. During the same quarter in the previous year, the firm earned $0.13 earnings per share. The company’s revenue for the quarter was down 4.2% on a year-over-year basis. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. On average, analysts expect that Intel Corporation will post -0.11 EPS for the current year.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is doubling down on advanced manufacturing by making a big strategic bet on ASML’s next‑gen lithography systems — a move that supports its long‑term foundry competitiveness. Intel Just Made a Big Bet on ASML’s Next‑Gen Technology
• Positive Sentiment: Insider buying reported by an Intel executive (EVP purchase disclosed) is a near‑term supportive signal showing internal confidence. Intel EVP Acquires $249,985.00 in Stock
• Positive Sentiment: Some coverage highlights that supply constraints at TSMC and elevated data‑center demand could create opportunities for Intel’s foundry push — a tailwind for long‑term revenue if execution holds. Why TSMC’s Capacity Nightmare Is Intel’s Foundry Dream
• Neutral Sentiment: Analysts and commentators note Nvidia could be the real catalyst (or obstacle) for Intel’s 18A/14A roadmap — the potential upside depends entirely on whether large GPU customers commit to Intel’s nodes. Intel: The Real Catalyst Could Be Nvidia For 18A/14A
• Neutral Sentiment: Earlier reports that Nvidia was considering using Intel for packaging/manufacturing in 2028 create optionality — helpful background but not an immediate revenue driver. Nvidia’s Next‑Gen GPU Could be Coming to Intel Foundry
• Negative Sentiment: Newer reports say Nvidia raised doubts about using Intel’s 18A process — that uncertainty hit sentiment today because a major Nvidia commitment would materially validate Intel’s foundry story. Intel Stock Takes a Hit as Nvidia Doubts Emerge
• Negative Sentiment: Follow‑up reporting says Nvidia tested Intel’s 18A and chose not to use it — a high‑profile setback that deepens concerns over Intel’s ability to land marquee foundry clients. Nvidia Just Dealt a Devastating Blow To Intel
• Negative Sentiment: Investors remain sensitive to Intel’s recent disappointing Q1 guidance and post‑earnings selloff; several outlets highlight analyst caution (DZ Bank reiterating a sell, Sanford Bernstein neutral), keeping pressure on the stock until execution and orders improve. Intel “Sell” Rating Reiterated at DZ Bank Sanford C. Bernstein Reaffirms Neutral Rating for Intel

Insider Transactions at Intel

In other Intel news, EVP David Zinsner acquired 5,882 shares of the stock in a transaction on Monday, January 26th. The stock was acquired at an average price of $42.50 per share, for a total transaction of $249,985.00. Following the completion of the transaction, the executive vice president directly owned 247,392 shares of the company’s stock, valued at $10,514,160. This trade represents a 2.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.04% 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.