7,480 Shares in Intel Corporation $INTC Bought by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC acquired a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,480 shares of the chip maker's stock, valued at approximately $1,044,000.

Several other institutional investors have also modified their holdings of INTC. Meeder Advisory Services Inc. lifted its stake in Intel by 18.3% in the 2nd quarter. Meeder Advisory Services Inc. now owns 69,878 shares of the chip maker's stock valued at $9,757,000 after buying an additional 10,822 shares in the last quarter. Meeder Asset Management Inc. increased its stake in Intel by 3,679.1% during the 2nd quarter. Meeder Asset Management Inc. now owns 93,156 shares of the chip maker's stock worth $13,007,000 after buying an additional 90,691 shares in the last quarter. Pension & Wealth Management Advisors Inc. raised its holdings in shares of Intel by 63.1% during the second quarter. Pension & Wealth Management Advisors Inc. now owns 1,696 shares of the chip maker's stock valued at $237,000 after acquiring an additional 656 shares during the last quarter. Citizens Financial Group Inc. RI raised its holdings in shares of Intel by 23.5% during the second quarter. Citizens Financial Group Inc. RI now owns 96,851 shares of the chip maker's stock valued at $13,523,000 after acquiring an additional 18,417 shares during the last quarter. Finally, Cornerstone Advisors LLC acquired a new position in shares of Intel during the second quarter valued at approximately $10,708,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Mizuho lowered their price target on Intel from $135.00 to $109.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. Wells Fargo & Company boosted their price target on shares of Intel from $110.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. Melius Research set a $150.00 price objective on shares of Intel in a report on Monday, May 18th. TD Cowen raised their target price on shares of Intel from $75.00 to $115.00 and gave the stock a "hold" rating in a research note on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $107.46.

Intel Trading Down 2.8%

NASDAQ INTC opened at $89.47 on Friday. The firm's 50-day moving average is $104.64 and its two-hundred day moving average is $86.39. Intel Corporation has a 12 month low of $23.68 and a 12 month 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 stock has a market capitalization of $451.29 billion, a P/E ratio of -42.40 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its 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. The company had revenue of $16.13 billion during 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%. Intel's revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts anticipate that Intel Corporation will post 1 earnings per share for the current year.

Trending Headlines about Intel

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

Insider Transactions at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the firm's stock in a transaction on 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 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 trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is currently owned by 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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source