Representative Nancy Pelosi (Democratic-California) recently bought shares of Intel Corporation NASDAQ: INTC. In a filing disclosed on August 21st, the Representative disclosed that they had bought between $500,001 and $1,000,000 in Intel stock on July 24th.
Intel Stock Performance
Shares of Intel stock opened at $87.26 on Tuesday. The company has a market capitalization of $440.14 billion, a PE ratio of -41.36 and a beta of 2.22. 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 company has a 50-day simple moving average of $107.62 and a two-hundred day simple moving average of $85.52. Intel Corporation has a one year low of $23.68 and a one year high of $142.35.
Intel (NASDAQ:INTC - Get Free Report) last issued 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. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the previous year, the firm earned ($0.10) EPS. The company's quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts expect that Intel Corporation will post 1.01 EPS for the current fiscal year.
Insider Transactions at Intel
In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the company's stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by company insiders.
Institutional Trading of Intel
A number of hedge funds have recently modified their holdings of INTC. iA Global Asset Management Inc. raised its holdings in shares of Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker's stock valued at $21,883,000 after acquiring an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC purchased a new stake in shares of Intel during the fourth quarter worth approximately $205,000. Heritage Investment Group Inc. purchased a new stake in shares of Intel during the fourth quarter worth approximately $219,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in Intel in the 4th quarter valued at $185,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker's stock valued at $9,419,000 after purchasing an additional 13,858 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.
More Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Former House Speaker Nancy Pelosi disclosed purchases of 10,000 Intel shares and 50 INTC call options, adding to an existing Intel options position. The disclosure may provide a short-term sentiment boost, although it does not change Intel’s fundamentals. Nancy Pelosi Discloses First-Ever Bloom Energy Trade, Adds to Intel Bet Amid AI Power Boom
- Positive Sentiment: Intel joined a city-scale open 5G and NextG testing initiative with Rutgers University, Columbia University, NYU, Airspan Networks and the COSMOS testbed. The collaboration could support Intel’s positioning in open RAN, network infrastructure and potential 6G applications, though commercial benefits remain uncertain. Intel Joins City Scale Open 5G And NextG Testing Push
- Positive Sentiment: Reports that prices for Intel’s Arc Pro B70 GPUs have risen as much as 48% across markets suggest improving demand or constrained supply for its graphics products, potentially offering another catalyst for Intel’s turnaround. Intel Stock Has Soared 140% YTD. The Next Catalyst May Be Hiding in GPU Prices
- Neutral Sentiment: Investors are watching Nvidia’s August 26 earnings report for signals on AI-chip demand and semiconductor valuations. Strong results could lift the sector, while disappointing guidance could extend the sell-off. Semiconductor Stocks Slide Ahead of NVIDIA Earnings
- Negative Sentiment: Mercury Research reportedly found Intel’s CPU market share at a multidecade low, reinforcing concerns about competitive losses to AMD and other chipmakers. Intel Stock Slides as CPU Market Share Reaches Low Not Seen in Decades
- Negative Sentiment: Intel was among the semiconductor names sold broadly ahead of Nvidia’s results. Reports also cited pressure from a potential $20 billion equity offering, which raises dilution concerns and may weigh on investor confidence. Why Is Intel Stock Falling on Monday?
- Negative Sentiment: Billionaire investor Stanley Druckenmiller reportedly sold Intel along with other major chip holdings, adding to concerns that some institutional investors view alternative semiconductor opportunities as more attractive. Stanley Druckenmiller Sold Broadcom, Intel, and Micron
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the company. BTIG Research raised Intel from a "neutral" rating to a "buy" rating in a report on Thursday, June 11th. Robert W. Baird boosted their target price on shares of Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Seaport Research Partners restated a "buy" rating and set a $125.00 price target on shares of Intel in a research note on Friday, July 24th. Mizuho lowered their price objective on shares of Intel from $135.00 to $109.00 and set a "neutral" rating for the company in a research note on Friday, July 24th. Finally, Cantor Fitzgerald dropped their price objective on shares of Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $107.46.
Read Our Latest Stock Analysis on INTC
About Representative Pelosi
Nancy Pelosi (Democratic Party) is a member of the U.S. House, representing California's 11th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
Pelosi (Democratic Party) is running for re-election to the U.S. House to represent California's 11th Congressional District. She declared candidacy for the 2026 election.[source]
Pelosi is the first and only woman to serve as speaker of the House. Pelosi was first elected to the U.S. House in a special election in 1987 to represent California's 5th Congressional District, which she represented until her election to California's 8th Congressional District in 2012. In 2002, she was elected minority leader, becoming the highest-ranking congresswoman of either party in U.S. history. When Democrats took control of the House in 2007, Pelosi made history again with her election as speaker of the House.
Pelosi was re-elected speaker of the House in 2019, following the 2018 midterm elections. She served in that role until January 3, 2023.
Notable legislation passed during her speakership includes the Affordable Care Act, the American Recovery and Reinvestment Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Lilly Ledbetter Fair Pay Act, and the Don't Ask, Don't Tell Repeal Act.
Pelosi is also a prominent Democratic fundraiser, raising more than $700 million for the Democratic Party since becoming a party leader in 2002.
Nancy Pelosi was born in Baltimore, Maryland. Pelosi graduated from the Institute of Notre Dame in 1958. She earned a bachelor's degree from Trinity College in 1962. Pelosi served as the chair of the California State Democratic Party and the finance chairwoman of the Democratic Senatorial Campaign Committee.
About Intel
(
Get 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.
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