21,261 Shares in Intel Corporation $INTC Bought by Advisors Capital Management LLC

Advisors Capital Management LLC purchased a new position in Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 21,261 shares of the chip maker's stock, valued at approximately $2,969,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Intel during the 4th quarter worth $2,233,159,000. Capital Research Global Investors increased its stake in shares of Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker's stock valued at $982,279,000 after acquiring an additional 19,722,010 shares during the last quarter. Capital World Investors lifted its holdings in shares of Intel by 20.3% during the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock worth $3,839,833,000 after acquiring an additional 17,557,147 shares during the period. Morgan Stanley boosted its position in shares of Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in Intel by 61.3% in the third quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker's stock valued at $838,804,000 after purchasing an additional 9,503,402 shares during the period. Institutional investors and hedge funds own 64.53% of the company's stock.

Insider Activity

In other news, CEO Lip Bu Tan acquired 105,263 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, with a total value 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.05% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Benchmark upped their price objective on Intel from $105.00 to $140.00 and gave the stock a "buy" rating in a report on Monday, May 18th. HSBC reiterated a "buy" rating on shares of Intel in a research note on Friday, July 24th. Citigroup upgraded Intel from a "positive" rating to a "buy" rating in a report on Thursday, July 23rd. Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research note on Friday, July 24th. Finally, Wedbush lifted their price target on shares of Intel from $60.00 to $98.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Intel has a consensus rating of "Hold" and an average target price of $107.46.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
• Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
• Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
• Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
• Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
• Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

Intel Price Performance

Shares of NASDAQ:INTC opened at $89.47 on Monday. The firm has a market capitalization of $451.29 billion, a P/E ratio of -42.40, a PEG ratio of 9.89 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel Corporation has a 52 week low of $23.68 and a 52 week high of $142.35. The firm's 50 day moving average is $104.64 and its two-hundred day moving average is $86.65.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. The company had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. During the same period in the prior year, the business posted ($0.10) EPS. The business's revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts anticipate that Intel Corporation will post 1 earnings per share for the current year.

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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