76,685 Shares in Intel Corporation $INTC Bought by Cornerstone Advisors LLC

Key Points

• Cornerstone Advisors LLC established a new Intel position by purchasing 76,685 shares worth approximately $10.7 million in the second quarter. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel’s analyst consensus remains a “Hold”, with 31 Hold ratings, 15 Buys, three Sells and one Strong Buy; the average price target is $107.46.
• CEO Lip-Bu Tan bought 105,263 Intel shares for nearly $10 million at $95 per share. Separately, Intel beat quarterly earnings and revenue estimates, reporting $0.42 EPS and $16.13 billion in revenue, though ongoing foundry losses and competitive concerns remain risks.

Cornerstone Advisors LLC 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 76,685 shares of the chip maker's stock, valued at approximately $10,708,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Financially Speaking Inc boosted its stake in Intel by 69.2% in the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock worth $25,000 after purchasing an additional 279 shares during the period. Financial Life Planners acquired a new stake in shares of Intel in the 1st quarter valued at about $25,000. Swiss RE Ltd. bought a new stake in shares of Intel in the fourth quarter valued at about $29,000. Glynn Capital Management LLC acquired a new position in shares of Intel during the second quarter worth about $29,000. Finally, Osbon Capital Management LLC acquired a new position in shares of Intel during the fourth quarter worth about $30,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on INTC shares. Royal Bank Of Canada reissued a "sector perform" rating on shares of Intel in a research report on Tuesday, July 21st. Stifel Nicolaus reduced their price target on Intel from $120.00 to $110.00 and set a "hold" rating for the company in a research report on Friday, July 24th. Bank of America decreased their price target on shares of Intel from $160.00 to $145.00 and set a "buy" rating for the company in a research note on Wednesday, August 12th. Zacks Research lowered shares of Intel from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. Finally, Sanford C. Bernstein reissued a "market perform" rating and issued a $110.00 price objective on shares of Intel in a research report on Monday, July 27th. One investment 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 given a Sell rating to the company's stock. According to data from MarketBeat.com, Intel has an average rating of "Hold" and an average price target of $107.46.

More Intel News

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

Insiders Place Their Bets

In other news, CEO Lip Bu Tan purchased 105,263 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the transaction, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.05% of the company's stock.

Intel Stock Performance

Shares of NASDAQ INTC opened at $89.47 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 50 day moving average price of $104.64 and a 200 day moving average price of $86.39. The stock has a market capitalization of $451.29 billion, a PE ratio of -42.40 and a beta of 2.22. Intel Corporation has a 52 week low of $23.68 and a 52 week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly 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. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.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 firm earned ($0.10) EPS. The business's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts predict that Intel Corporation will post 1 earnings per share for the current fiscal 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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