California State Teachers Retirement System Acquires 924,690,115 Shares of Intel Corporation $INTC

California State Teachers Retirement System grew its holdings in Intel Corporation (NASDAQ:INTC) by 13,422.7% in the second quarter, HoldingsChannel reports. The fund owned 931,579,105 shares of the chip maker’s stock after buying an additional 924,690,115 shares during the period. California State Teachers Retirement System owned 0.18% of Intel worth $130,076,390,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of INTC. Southern Financial Group LLC raised its stake in Intel by 0.6% in the 1st 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 in the last quarter. Harrell Investment Partners LLC increased its holdings in shares of Intel by 0.4% during the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock worth $3,250,000 after purchasing an additional 100 shares during the period. TFR Capital LLC. increased its holdings in shares of Intel by 0.4% during the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock worth $3,720,000 after purchasing an additional 100 shares during the period. Wynn Capital LLC increased its holdings in shares of Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after purchasing an additional 104 shares during the period. Finally, Bell Investment Advisors Inc raised its position in shares of Intel by 4.3% in the second quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker’s stock valued at $404,000 after buying an additional 119 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful listing could highlight the value of Intel’s semiconductor assets and provide potential liquidity or valuation support. Reuters Altera IPO report
• Positive Sentiment: Intel and ASML are expanding work on High-NA EUV manufacturing, supporting the company’s argument that its foundry technology is progressing. Intel also continues to receive attention for possible memory-market opportunities and reported pricing power in enterprise CPUs.
• Neutral Sentiment: A partnership with Atsign reportedly delivered an approximately 88-fold improvement in encrypted Edge AI performance using Intel hardware. The announcement supports Intel’s AI and edge-computing positioning, but it does not yet indicate a material revenue contribution. Atsign and Intel Edge AI article
• Negative Sentiment: Piper Sandler initiated coverage with a Neutral rating, suggesting investors may have missed the better entry point after Intel’s major rally. The cautious stance reinforced valuation concerns. Piper Sandler Intel coverage
• Negative Sentiment: Mizuho reportedly reduced its price target to $92, citing valuation risk despite improving server demand and execution. Other commentary similarly argues that Intel’s recent gains have outpaced its current fundamentals. Mizuho Intel price target article
• Negative Sentiment: The broader semiconductor group also weakened as investors locked in profits, while Nvidia’s efforts to extend its AI-chip dominance raised competitive concerns for Intel and AMD. Intel’s shares had gained more than 20% over the prior five sessions, increasing selling pressure after the steep run-up. Intel profit-taking article

Analyst Upgrades and Downgrades

INTC has been the subject of several recent research reports. TD Cowen boosted their price target on Intel from $75.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Seaport Research Partners restated a “buy” rating and set a $125.00 price objective on shares of Intel in a research note on Friday, July 24th. Oppenheimer assumed coverage on Intel in a report on Thursday, June 11th. They issued an “outperform” rating for the company. KeyCorp set a $125.00 target price on Intel in a research report on Friday, July 24th. Finally, Moffett Nathanson lowered Intel to a “neutral” rating in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Intel has a consensus rating of “Hold” and an average price target of $107.80.

Intel Stock Performance

NASDAQ INTC opened at $100.32 on Friday. The firm’s 50 day simple moving average is $98.21 and its 200 day simple moving average is $89.79. The firm has a market capitalization of $506.01 billion, a price-to-earnings ratio of -47.54, a P/E/G ratio of 11.38 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel Corporation has a 1 year low of $24.05 and a 1 year high of $142.35.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating 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 business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the previous year, the business earned ($0.10) earnings per share. The company’s revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, research analysts expect that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Insider Activity

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.05% of the company’s stock.

About Intel

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.