Private Advisory Group LLC increased its position in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 3.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 260,206 shares of the chip maker’s stock after acquiring an additional 9,631 shares during the quarter. Intel comprises approximately 2.0% of Private Advisory Group LLC’s investment portfolio, making the stock its 12th biggest holding. Private Advisory Group LLC’s holdings in Intel were worth $36,333,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Glynn Capital Management LLC acquired a new position in shares of Intel in the 2nd quarter valued at $29,000. Beaird Harris Wealth Management LLC lifted its holdings in Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after acquiring an additional 223 shares in the last quarter. Carolina Wealth Advisors LLC grew its stake in Intel by 167.0% in the second quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker’s stock valued at $37,000 after acquiring an additional 167 shares during the period. Ramsey Quantitative Systems acquired a new position in Intel in the second quarter valued at about $50,000. Finally, Allied Private Wealth LLC bought a new stake in shares of Intel in the second quarter worth about $68,000. Institutional investors and hedge funds own 64.53% of the company’s stock.
Intel Trading Up 0.3%
NASDAQ INTC opened at $87.48 on Wednesday. Intel Corporation has a 52 week low of $23.68 and a 52 week high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The stock’s 50 day moving average price is $107.03 and its two-hundred day moving average price is $85.80. The stock has a market capitalization of $441.25 billion, a price-to-earnings ratio of -41.46 and a beta of 2.22.
Key Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Former House Speaker Nancy Pelosi disclosed additional Intel shares and call options, reportedly representing a purchase of up to $1.5 million. The disclosure has generated significant retail and media attention and reinforced optimism around Intel’s turnaround, although the position is small relative to the company’s valuation. Intel Rises as Pelosi’s $1.5 Million Bet Meets $20 Billion Dilution
- Positive Sentiment: Intel unveiled the Diamond Rapids, Crescent Island and Wildcat Lake processor platforms for data centers, enterprises and edge devices. The expanded portfolio gives investors a more concrete path for participating in AI infrastructure growth, where Intel has lagged GPU-focused competitors. Can Intel’s Latest AI Infrastructure Portfolio Expansion Aid Shares?
- Positive Sentiment: Commentary remains constructive on Intel’s $20 billion foundry investment, with some analysts arguing that successful manufacturing expansion could materially improve the company’s long-term value. HSBC reportedly issued an especially bullish price target, though that view depends on Intel proving the foundry can become profitable. Intel’s Skid Continues: One of The Biggest Global Banks Says It Will Provide 130% Returns From Here
- Neutral Sentiment: Unusual put and call activity suggests heavy trading and sharply divided investor expectations, rather than a clear directional signal. Broader semiconductor strength and technical attempts to establish a floor may also be helping sentiment. Huge, Unusual Put and Call Option Volume in Intel
- Negative Sentiment: The reported $20 billion equity raise is creating dilution concerns and raises the capital required for Intel’s foundry expansion. Investors must decide whether the new funds will generate sufficient manufacturing growth and returns to offset the impact of issuing more shares. Intel stock falls: Why is INTC sliding after $20 billion share sale?
- Negative Sentiment: AMD’s upgrade to Strong Buy and expectations that it could overtake Intel in data-center CPUs by 2027 highlight ongoing market-share risk. Intel’s CPU share has reportedly fallen to a multidecade low, increasing pressure on its new products and execution. This Chip Stock Could Overtake Intel by 2027
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research report on Friday, July 24th. Roth Capital lifted their price target on shares of Intel from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Seaport Research Partners reiterated a “buy” rating and issued a $125.00 price target on shares of Intel in a report on Friday, July 24th. Oppenheimer initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set an “outperform” rating for the company. Finally, Bank of America dropped their price objective on shares of Intel from $160.00 to $145.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intel currently has a consensus rating of “Hold” and a consensus price target of $107.46.
View Our Latest Stock Report on Intel
Insiders Place Their Bets
In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost 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 of the company’s stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.
Intel Company 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.
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