Maxi Investments CY Ltd purchased a new stake in shares of Intel Corporation (NASDAQ:INTC – Free Report) in the second quarter, Holdings Channel.com reports. The firm purchased 12,500 shares of the chip maker’s stock, valued at approximately $1,745,000.
A number of other large investors also recently modified their holdings of the stock. Knuff & Co LLC bought a new stake in Intel during the second quarter worth $29,000. Glynn Capital Management LLC bought a new stake in shares of Intel in the 2nd quarter worth $29,000. Beaird Harris Wealth Management LLC grew its stake in shares of Intel by 3,185.7% in the 2nd 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 raised its holdings in shares of 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 purchasing an additional 167 shares during the last quarter. Finally, Burk Holdings LLC bought a new position in shares of Intel during the second quarter valued at about $40,000. Institutional investors own 64.53% of the company’s stock.
Wall Street Analyst Weigh In
INTC has been the topic of several analyst reports. BTIG Research upgraded shares of Intel from a “neutral” rating to a “buy” rating in a report on Thursday, June 11th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research note on Friday, July 24th. Northland Securities cut shares of Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Stifel Nicolaus cut their target price on Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Finally, HC Wainwright set a $150.00 target price on Intel in a report on Monday, June 29th. One equities 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $107.46.
Intel Price Performance
INTC opened at $88.97 on Wednesday. The firm has a market cap of $448.76 billion, a P/E ratio of -42.17, a PEG ratio of 9.88 and a beta of 2.22. The firm has a 50-day moving average of $102.74 and a 200 day moving average of $87.23. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel Corporation has a fifty-two week low of $23.68 and a fifty-two week high of $142.35.
Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The business had revenue of $16.13 billion during 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 firm’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts expect that Intel Corporation will post 1.01 EPS for the current year.
Insider Buying and Selling at Intel
In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the stock in a transaction that occurred on 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 completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is owned by corporate insiders.
Key Stories Impacting Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel CEO Lip-Bu Tan reportedly purchased approximately $10 million of company stock, a transaction investors may view as a sign of management confidence in the foundry recovery and long-term strategy. CEO Lip-Bu Tan Just Gave 12 Million Reasons to Buy Intel Stock
- Positive Sentiment: Commentary continues to highlight potential foundry contracts, advanced packaging and high-bandwidth-memory opportunities. A possible relationship with SK Hynix had fueled optimism that Intel could attract a major external customer, although the report was subsequently denied by SK Hynix. Intel Stock Notches Up as SK Hynix Considers New Deal
- Positive Sentiment: A partnership expansion with Kasm Technologies supports private, on-premises AI inference using Intel Xeon 6 processors, reinforcing Intel’s opportunity in regulated markets where customers want data to remain within corporate networks. Intel’s Privacy-Focused AI and Foundry Momentum
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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