68,887 Shares in Intel Corporation $INTC Purchased by Jericho Financial LLP

Key Points

• Jericho Financial LLP purchased 68,887 Intel shares worth approximately $9.6 million, making Intel its fifth-largest holding and about 5% of its portfolio. Institutional investors collectively own 64.53% of Intel’s outstanding shares.
• Intel CEO Lip-Bu Tan bought 105,263 shares for roughly $10 million, increasing his direct ownership by 8.7%—a potential signal of management confidence in the company’s strategy.
• Intel’s latest quarterly results beat expectations, with adjusted EPS of $0.42 versus the $0.21 consensus and revenue of $16.13 billion, up 25.2% year over year. Despite this, analysts’ average rating remains Hold, with an average price target of $107.46.

Jericho Financial LLP 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 68,887 shares of the chip maker's stock, valued at approximately $9,619,000. Intel makes up approximately 5.0% of Jericho Financial LLP's holdings, making the stock its 5th biggest holding.

Several other large investors also recently bought and sold shares of INTC. Financially Speaking Inc lifted its position in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after acquiring an additional 279 shares in the last quarter. Financial Life Planners purchased a new stake in shares of Intel during the first quarter worth approximately $25,000. Glynn Capital Management LLC acquired a new position in Intel in the 2nd quarter valued at $29,000. Knuff & Co LLC purchased a new position in Intel in the 2nd quarter valued at $29,000. Finally, Swiss RE Ltd. purchased a new position in Intel in the 4th quarter valued at $29,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on INTC. KeyCorp set a $125.00 target price on shares of Intel in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $100.00 price target on shares of Intel in a research report on Tuesday, May 12th. Bank of America cut their price objective on shares of Intel from $160.00 to $145.00 and set a "buy" rating for the company in a report on Wednesday, August 12th. Northland Securities lowered shares of Intel from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 26th. Finally, New Street Research boosted their target price on Intel from $100.00 to $122.00 in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $107.46.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.05% of the stock is currently owned by company insiders.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan reportedly purchased approximately $10 million of company stock, a transaction investors may view as a sign of management confidence in the foundry recovery and long-term strategy. CEO Lip-Bu Tan Just Gave 12 Million Reasons to Buy Intel Stock
• Positive Sentiment: Commentary continues to highlight potential foundry contracts, advanced packaging and high-bandwidth-memory opportunities. A possible relationship with SK Hynix had fueled optimism that Intel could attract a major external customer, although the report was subsequently denied by SK Hynix. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: A partnership expansion with Kasm Technologies supports private, on-premises AI inference using Intel Xeon 6 processors, reinforcing Intel’s opportunity in regulated markets where customers want data to remain within corporate networks. Intel’s Privacy-Focused AI and Foundry Momentum

Intel Stock Performance

NASDAQ:INTC opened at $88.97 on Wednesday. The company's 50-day moving average is $102.74 and its two-hundred day moving average is $87.23. Intel Corporation has a 1-year low of $23.68 and a 1-year high of $142.35. 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 firm has a market capitalization of $448.76 billion, a price-to-earnings ratio of -42.17, a PEG ratio of 9.88 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 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 firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the previous year, the company earned ($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 forecast that Intel Corporation will post 1.01 EPS for the current year.

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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