245,841 Shares in Intel Corporation $INTC Bought by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 245,841 shares of the chip maker's stock, valued at approximately $34,327,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Knuff & Co LLC acquired a new position in shares of Intel during the 2nd quarter worth about $29,000. Glynn Capital Management LLC bought a new stake in shares of Intel in the 2nd quarter valued at about $29,000. Beaird Harris Wealth Management LLC raised its position 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 valued at $32,000 after acquiring an additional 223 shares during the period. Carolina Wealth Advisors LLC raised its position in shares of Intel by 167.0% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker's stock valued at $37,000 after acquiring an additional 167 shares during the period. Finally, Ramsey Quantitative Systems bought a new position in Intel during the 2nd quarter worth approximately $50,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Down 2.8%

NASDAQ:INTC opened at $89.47 on Friday. The stock has a 50-day simple moving average of $104.64 and a 200 day simple moving average of $86.39. Intel Corporation has a 52-week low of $23.68 and a 52-week high of $142.35. The company has a market cap of $451.29 billion, a PE ratio of -42.40 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.

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 the consensus estimate 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 company had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. During the same period last year, the business earned ($0.10) EPS. The business's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts expect that Intel Corporation will post 1 EPS for the current fiscal year.

Key Intel News

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on INTC shares. Wall Street Zen cut shares of Intel from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Citigroup raised shares of Intel from a "positive" rating to a "buy" rating in a research report on Thursday, July 23rd. HSBC reissued a "buy" rating on shares of Intel in a report on Friday, July 24th. HC Wainwright set a $150.00 price objective on Intel in a research note on Monday, June 29th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating on shares of Intel in a report on Tuesday, July 21st. 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $107.46.

Insider Activity at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price 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 approximately $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is currently owned by corporate insiders.

About Intel

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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