Lee Johnson Capital Management LLC purchased a new position in Intel Corporation (NASDAQ:INTC – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 47,421 shares of the chip maker’s stock, valued at approximately $6,621,000. Intel makes up about 2.1% of Lee Johnson Capital Management LLC’s holdings, making the stock its 12th biggest position.
A number of other large investors also recently modified their holdings of INTC. WT Asset Management Ltd purchased a new position in Intel during the second quarter valued at approximately $162,937,000. Argyle Capital Partners LLC purchased a new stake in Intel in the 2nd quarter worth approximately $518,000. Quent Capital LLC boosted its holdings in Intel by 9.6% in the 2nd quarter. Quent Capital LLC now owns 12,724 shares of the chip maker’s stock valued at $1,777,000 after purchasing an additional 1,117 shares during the period. B & T Capital Management DBA Alpha Capital Management bought a new position in Intel in the 2nd quarter valued at $318,000. Finally, Oarsman Capital Inc. grew its position in shares of Intel by 3.5% during the 2nd quarter. Oarsman Capital Inc. now owns 5,237 shares of the chip maker’s stock valued at $731,000 after purchasing an additional 179 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.
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 stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by corporate insiders.
Intel Stock Up 4.4%
Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business’s revenue was up 25.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts forecast that Intel Corporation will post 1 earnings per share for the current fiscal year.
Intel News Summary
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Strong Nvidia results lifted the sector. Nvidia’s blowout quarter and projection for roughly 70% revenue growth in fiscal 2028 reinforced that AI demand remains far above available supply. Investors bid up related semiconductor names, including Intel, as CPUs and other infrastructure components are expected to benefit from expanded AI deployments. Why Is Intel Stock Surging on Thursday?
- Positive Sentiment: Potential U.S. chip tariffs increased Intel’s strategic appeal. Reports of broad tariffs on imported chips encouraged speculation that Intel, as a U.S.-based manufacturer and foundry candidate, could receive additional policy support or gain a competitive advantage. Why Is Intel Stock Surging on Thursday?
- Positive Sentiment: An Advantech connection highlighted Intel’s AI infrastructure ambitions. The relationship points to potential progress placing Intel chips and platforms into AI infrastructure and edge-computing applications, though financial details were not provided. Intel Stock Gains with New Advantech Connection
- Positive Sentiment: Congressional buying added bullish publicity. Nancy Pelosi reportedly purchased Intel shares and call options, potentially attracting momentum-oriented investors, although the transaction does not change Intel’s fundamentals. Nancy Pelosi Buys Intel
- Neutral Sentiment: Intel’s first-half operating cash flow rose sharply to $8.1 billion, but heavy capital spending continues to pressure free cash flow. Intel Sees Strong Cash Flow Growth
- Negative Sentiment: Analyst warnings about intense competition and uncertainty surrounding Intel’s turnaround remain a risk. The company’s previously reported roughly $20 billion equity offering also creates dilution concerns and helps explain the stock’s wide valuation swings. Simon Leopold Offers Warning
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on INTC shares. TD Cowen increased their price objective on Intel from $75.00 to $115.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. BTIG Research upgraded Intel from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Rosenblatt Securities raised their price target on Intel from $65.00 to $80.00 and gave the company a “sell” rating in a report on Friday, July 24th. Sanford C. Bernstein reiterated a “market perform” rating and set a $110.00 price target on shares of Intel in a research report on Monday, July 27th. Finally, Moffett Nathanson lowered Intel to a “neutral” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $107.46.
Read Our Latest Research Report on Intel
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.
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