L2 Asset Management LLC Takes $3.27 Million Position in Intel Corporation $INTC

Posted by Brenda Bartman on Sep 2nd, 2026

L2 Asset Management LLC acquired a new stake in Intel Corporation (NASDAQ:INTC – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 23,444 shares of the chip maker’s stock, valued at approximately $3,273,000.

Other hedge funds also recently bought and sold shares of the company. Sivia Capital Partners LLC boosted its holdings in Intel by 271.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after purchasing an additional 25,001 shares during the period. United Bank purchased a new position in shares of Intel during the 2nd quarter valued at $205,000. Gamco Investors INC. ET AL increased its holdings in shares of Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after purchasing an additional 1,508 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Intel by 29.6% in the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after purchasing an additional 36,116 shares during the period. Finally, Sei Investments Co. raised its position in shares of Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after buying an additional 74,838 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Price Performance

INTC opened at $88.97 on Wednesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The stock’s 50 day simple moving average is $102.74 and its 200 day simple moving average is $87.23. The firm has a market cap of $448.76 billion, a price-to-earnings ratio of -42.17, a PEG ratio of 9.88 and a beta of 2.22. Intel Corporation has a 1 year low of $23.68 and a 1 year high of $142.35.

Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business’s revenue was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, analysts predict that Intel Corporation will post 1.01 earnings per share for the current year.

Analysts Set New Price Targets

INTC has been the subject of a number of research analyst reports. Melius Research set a $150.00 price target on Intel in a research report on Monday, May 18th. Benchmark upped their price objective on shares of Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Morgan Stanley raised their target price on shares of Intel from $75.00 to $84.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Stifel Nicolaus dropped their target price on shares of Intel from $120.00 to $110.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Finally, Piper Sandler started coverage on shares of Intel in a research note on Thursday, June 11th. They issued a “neutral” rating for the company. One investment 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel has an average rating of “Hold” and a consensus price target of $107.46.

Check Out Our Latest Report on Intel

Insider Activity at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This represents a 8.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is currently owned by insiders.

Intel News Summary

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

About Intel

(Free Report)

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.