40,218 Shares in Intel Corporation $INTC Bought by Hennessy Advisors Inc.

Key Points

• Hennessy Advisors bought 40,218 Intel shares worth approximately $5.6 million, while institutional investors and hedge funds collectively own 64.53% of the company.
• Intel’s CEO Lip-Bu Tan purchased 105,263 shares for about $10 million, increasing his direct ownership by 8.7%—a potential signal of insider confidence.
• Intel reported stronger-than-expected quarterly results, with revenue up 25.2% year over year, but analyst sentiment remains cautious: the consensus rating is “Hold,” with a $107.01 average price target and ongoing concerns about PC demand, margins and competition.

Hennessy Advisors Inc. bought a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 40,218 shares of the chip maker's stock, valued at approximately $5,616,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in INTC. iA Global Asset Management Inc. lifted its stake in Intel by 17.0% in 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 buying an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC acquired a new position in shares of Intel in the fourth quarter valued at approximately $205,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Intel during the fourth quarter worth $185,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Intel by 5.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker's stock worth $9,419,000 after acquiring an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc increased its position in shares of Intel by 1.3% during the fourth quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker's stock worth $1,255,076,000 after acquiring an additional 423,481 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.05% of the stock is owned by corporate insiders.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Dell’s strong server performance supported Intel’s data-center outlook. Dell reported a 122% increase in server revenue, prompting analysts to argue that demand for Intel CPUs is accelerating as AI infrastructure requires a substantial number of traditional processors alongside GPUs. Intel stock rises as Dell earnings point to CPU demand
• Positive Sentiment: A bullish $200 price target added momentum. Global Equities Research analyst Trip Chowdhry identified Intel as a direct beneficiary of rising CPU-to-GPU ratios in AI clusters, the continued enterprise presence of x86 processors and the potential of Intel’s Clearwater Forest architecture. The target implies substantial upside, although it is an individual analyst forecast rather than a consensus estimate. Dell earnings and Intel CPU demand
• Positive Sentiment: Estimate revisions have been trending higher. Analysts cited AI demand, manufacturing improvements and growth in custom silicon as potential offsets to supply constraints and competitive pressure. Intel’s recent revenue growth and plans for more than $20 billion in 2026 capital spending also reinforce the long-term recovery narrative. Intel estimate revisions
• Neutral Sentiment: Semiconductor-sector strength provided a broad-market tailwind. Intel, AMD and Nvidia advanced even as stronger employment data increased expectations for a possible Federal Reserve rate hike. Separate commentary arguing that Nvidia’s earnings reduced fears of an AI spending bubble also helped maintain investor interest in chip stocks. Chip stocks rise despite rate concerns
• Negative Sentiment: Mizuho lowered its Intel price target to $92 from $109 and maintained a Hold rating. The analyst warned that weaker PC demand and near-term margin pressure could limit the benefit from Intel’s AI-related growth. Nvidia’s expanding server CPU business also remains a competitive risk. Mizuho lowers Intel price target

Intel Stock Up 4.5%

Intel stock opened at $95.80 on Friday. 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 company's 50-day moving average is $100.45 and its 200-day moving average is $87.91. The firm has a market capitalization of $483.22 billion, a PE ratio of -45.40, a P/E/G ratio of 10.58 and a beta of 2.22. Intel Corporation has a fifty-two week low of $24.05 and a fifty-two week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating 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 business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period last year, the business posted ($0.10) EPS. Intel's revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. TD Cowen boosted their price objective on shares of Intel from $75.00 to $115.00 and gave the company a "hold" rating in a research report on Monday, July 13th. Arete Research increased their target price on Intel from $20.40 to $99.00 and gave the stock a "neutral" rating in a report on Wednesday, June 10th. Cantor Fitzgerald dropped their price target on Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. Moffett Nathanson downgraded Intel to a "neutral" rating in a research note on Thursday, June 11th. Finally, Daiwa Securities Group lowered Intel from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. 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 issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $107.01.

Intel 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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