275,700 Shares in Intel Corporation $INTC Purchased by Avala Global LP

Key Points

• Avala Global LP acquired 275,700 Intel shares worth approximately $38.5 million in the second quarter, making Intel its 25th-largest holding. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel reported stronger-than-expected quarterly results, with revenue rising 25.2% year over year to $16.13 billion and EPS of $0.42 versus estimates of $0.21. The company is also planning more than $20 billion in capital expenditures for 2026, increasing execution and cash-flow demands.
• Analyst sentiment remains mixed: Intel has an average “Hold” rating and a consensus price target of $107.46, while Mizuho recently cut its target to $92. Potential catalysts include the Nova Lake roadmap, Nvidia’s investment and partnership, and Intel’s enterprise AI and foundry initiatives.

Avala Global LP purchased a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 275,700 shares of the chip maker's stock, valued at approximately $38,496,000. Intel makes up approximately 1.4% of Avala Global LP's holdings, making the stock its 25th biggest holding.

Several other institutional investors also recently bought and sold shares of the company. Sivia Capital Partners LLC boosted its position in Intel by 271.7% during the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock worth $766,000 after acquiring an additional 25,001 shares during the last quarter. United Bank acquired a new stake in shares of Intel in the 2nd quarter worth $205,000. Gamco Investors INC. ET AL increased its position in Intel by 12.3% during 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 last quarter. NewEdge Advisors LLC raised its stake in Intel by 29.6% during 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 stake in Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock worth $18,556,000 after purchasing an additional 74,838 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A reported leak suggesting Intel could launch its Nova Lake client processor lineup as early as 2027 provided a potential catalyst. Earlier availability could strengthen Intel’s product roadmap and support a recovery in its PC and data-center businesses. Intel Stock Gains as Nova Lake Launch Schedule Leaks
• Positive Sentiment: Coverage highlighted Nvidia’s roughly $5 billion investment in Intel, including its purchase of more than 214 million shares at $23.28 each, and the companies’ product collaboration. The large paper gain on Nvidia’s stake reinforces market confidence in Intel’s strategic importance and AI potential, although it does not directly generate new revenue for Intel. Nvidia’s Intel Investment and Partnership
• Positive Sentiment: Intel’s expanded partnership with Kasm Technologies will run private large language models on Xeon 6 processors with Advanced Matrix Extensions, targeting regulated customers that require local and compliant AI. The deal supports Intel’s strategy of positioning Xeon as infrastructure for enterprise AI workloads. Intel Kasm AI Partnership
• Neutral Sentiment: Intel recently reported stronger-than-expected quarterly revenue and earnings, with revenue up 25% year over year, while management expects 2026 capital expenditures to exceed $20 billion and spending to rise significantly in 2027. The investment could support future manufacturing and AI growth, but it increases execution and cash-flow demands. Intel’s Five-Year Outlook
• Neutral Sentiment: A separate report said Intel’s 14A manufacturing process is beginning to demonstrate its strategic value, offering a potential long-term foundry catalyst. However, meaningful financial benefits depend on customer commitments and successful execution.
• Negative Sentiment: Mizuho analyst Vijay Rakesh cut his Intel price target to $92 from $109 while retaining a Hold rating, arguing that AI strength may not offset near-term business strain. The revised target leaves limited upside based on the referenced trading level. Mizuho Cuts Intel Price Target
• Negative Sentiment: Intel traded lower in premarket alongside Micron, SanDisk and AMD as semiconductor stocks faced broader sector pressure. Commentary also emphasized AMD’s stronger AI and data-center margin profile, highlighting competitive risks for Intel’s turnaround.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Arete Research boosted their target price on shares of Intel from $20.40 to $99.00 and gave the company a "neutral" rating in a report on Wednesday, June 10th. Melius Research set a $150.00 price target on Intel in a research note on Monday, May 18th. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Intel in a report on Tuesday, July 21st. Bank of America cut their price objective on Intel from $160.00 to $145.00 and set a "buy" rating for the company in a research report on Wednesday, August 12th. Finally, Northland Securities lowered shares of Intel from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $107.46.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction on 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 position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.05% of the stock is owned by corporate insiders.

Intel Trading Up 1.8%

Shares of INTC stock opened at $91.67 on Friday. 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 stock has a market capitalization of $462.38 billion, a P/E ratio of -43.45, a price-to-earnings-growth ratio of 9.94 and a beta of 2.22. The company has a 50 day moving average price of $101.10 and a 200 day moving average price of $87.85. Intel Corporation has a fifty-two week low of $23.75 and a fifty-two week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results 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 company had revenue of $16.13 billion for 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%. The firm's quarterly revenue was up 25.2% on a year-over-year basis. During the same period in the prior year, the business earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts predict that Intel Corporation will post 1.01 EPS for the current fiscal 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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