55,877 Shares in Intel Corporation $INTC Bought by Rakuten Securities Inc.

Key Points

• Rakuten Securities acquired 55,877 Intel shares worth approximately $7.8 million, making Intel 1.8% of its portfolio and its ninth-largest position. Institutional investors collectively own 64.53% of Intel.
• CEO Lip-Bu Tan purchased 105,263 shares for nearly $10 million, while Intel’s latest quarterly results exceeded expectations with $0.42 in EPS and $16.13 billion in revenue, up 25.2% year over year.
• Intel’s foundry outlook remains uncertain: reports of a potential SK Hynix partnership were later denied, while analysts continue to cite high capital spending, foundry losses and competition from AMD and Nvidia. The stock carries a consensus “Hold” rating with an average price target of $107.46.

Rakuten Securities Inc. acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 55,877 shares of the chip maker's stock, valued at approximately $7,802,000. Intel comprises 1.8% of Rakuten Securities Inc.'s portfolio, making the stock its 9th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. iA Global Asset Management Inc. raised its position in Intel by 17.0% during the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker's stock worth $21,883,000 after buying an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC acquired a new stake in shares of Intel in the 4th quarter worth approximately $205,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in Intel in the 4th quarter valued at approximately $185,000. Northwestern Mutual Wealth Management Co. boosted its position in 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 purchasing an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Intel by 1.3% during the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker's stock worth $1,255,076,000 after buying an additional 423,481 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that South Korean memory-chip maker SK Hynix was considering Intel Foundry to manufacture base dies for next-generation HBM4E memory initially boosted hopes for a major external customer and validated Intel’s manufacturing ambitions. CEO Lip-Bu Tan’s reported purchase of roughly $12 million in Intel shares also signaled management confidence. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: Intel could benefit from the rapid expansion of AI infrastructure and from large-scale chip-production projects in the United States, including Elon Musk’s reported planned facility near Houston. More domestic manufacturing demand would support the strategic rationale for Intel’s foundry investments, though the project is not confirmed as an Intel contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Neutral Sentiment: SK Hynix subsequently denied the reported HBM4E partnership, removing the immediate catalyst and underscoring that Intel’s potential foundry wins remain uncommitted. SK Hynix Denies Report of Intel Foundry Partnership
• Negative Sentiment: Analysts continue to question whether AI-related revenue can arrive quickly enough to offset Intel’s rising capital spending and foundry losses. Outside customers currently contribute little foundry revenue, making utilization and execution key risks for the stock. Intel Stock Is Paying Now for Revenue Due Later
• Negative Sentiment: Competitive concerns remain: coverage argues AMD continues to take share from Intel, while Nvidia’s strong growth in newer data-center products could further pressure Intel’s position in AI hardware. AMD: Still Eating Intel's Lunch

Insider Activity at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost 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 in the company, valued at $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is currently owned by company insiders.

Intel Stock Up 0.0%

Shares of NASDAQ:INTC opened at $89.51 on Tuesday. The firm has a market cap of $451.49 billion, a price-to-earnings ratio of -42.42, a PEG ratio of 9.89 and a beta of 2.22. Intel Corporation has a 12-month low of $23.68 and a 12-month high of $142.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock's 50-day moving average price is $103.61 and its two-hundred day moving average price is $86.94.

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 the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company's quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the company earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts forecast that Intel Corporation will post 1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on INTC shares. Oppenheimer assumed coverage on shares of Intel in a research note on Thursday, June 11th. They issued an "outperform" rating on the stock. Zacks Research downgraded shares of Intel from a "strong-buy" rating to a "hold" rating in a report on Friday, July 31st. Susquehanna increased their price target on shares of Intel from $80.00 to $115.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Moffett Nathanson cut shares of Intel to a "neutral" rating in a research note on Thursday, June 11th. Finally, Arete Research lifted their price objective on Intel from $20.40 to $99.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 10th. One investment 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 given a Sell rating to the stock. According to MarketBeat.com, Intel presently has an average rating of "Hold" and an average price target of $107.46.

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.

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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