Y-Intercept (Hong Kong) 13F: Exits Intel (INTC) Stake

Y-Intercept (Hong Kong) has sold all its 146,980 shares of Intel Corporation (INTC) in a filing on October 16, 2026. This action reflects a complete exit from its position, which was valued at around $13.2 million based on recent trading prices.

What Changed in Y-Intercept's Intel Position

Y-Intercept completely sold out its position in Intel, with a total share change of -146,980. This move represents a 100% decrease, dropping its stake to zero shares.

Other Institutional Activity in Intel Corporation

Several major institutional investors have also adjusted their positions in Intel recently. Blackrock Inc. reduced its holdings by 21,080,028 shares, holding 426,478,962 shares valued at about $38.3 billion. Vanguard Capital Management LLC increased its stake, adding 3,214,973 shares for a total of 285,230,183 shares worth approximately $25.6 billion. State Street Corporation also grew its holdings, increasing by 2,528,984 shares, now holding 216,849,675 shares valued at around $19.5 billion.

Intel Corporation Stock Down 8.3%

Intel's stock recently traded around $90.00, which is below its 50-day moving average by about 12.9% but above its 200-day average by 6.8%. The stock is significantly below its 52-week high of $142.35, currently about 36.8% lower. Investors may find it noteworthy that the stock also trades above its 52-week low by approximately 173.6%.

Recent Earnings

Intel reported trailing twelve-month revenue of $57.0 billion, reflecting a year-over-year revenue growth of 25.4%. However, it has faced challenges with a net margin of -19.8% and negative return on equity of -10.7%. The next earnings report is scheduled for October 29, 2026.

Insider Buying and Selling at Intel Corporation

Recently, there have been several insider transactions at Intel. Officer Boise April Miller sold 20,000 shares at an average price of $49.05 on February 2, 2026, valued at about $981,000. On May 1, 2026, he sold another 40,256 shares at $99.53, totaling around $4.0 million. Chief Technology Officer Nagasubramaniyan Chandrasekaran sold 21,024 shares at $118.28 on May 29, valued at approximately $2.5 million. Notably, CEO Lip-Bu Tan bought 105,263 shares at $95.00 on August 11, 2026, for about $10.0 million.

Analysts Set New Price Targets

Analysts have shown a range of opinions on Intel. On September 8, 2026, Northland Capital Markets upgraded the stock to an "Outperform" rating with a price target of $120.00. On September 10, Piper Sandler initiated a "Neutral" rating with a target of $110.00. Tigress Financial maintained a "Buy" rating but raised its price target to $145.00 on September 15. The consensus among analysts suggests a favorable outlook with a mean price target of $118.05, reflecting a buy recommendation based on 43 opinions.

About Intel Corporation

Intel Corporation is a leading technology company based in Santa Clara, California, that designs and manufactures computing products and services. The company operates mainly in the semiconductor industry and markets its products globally. This recent sell-off by Y-Intercept may indicate a strategic shift away from Intel, which has faced various operational challenges this year.

Bottom Line

Y-Intercept's complete exit from Intel is significant, as it reflects a broader trend of institutional investors reassessing their positions in the tech sector. Analysts will be watching closely for Intel's next earnings report on October 29, which could influence future movements in its stock and investor sentiment. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.