Able Wealth Management LLC Invests $709,000 in Intel Corporation $INTC

Able Wealth Management LLC bought a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,074 shares of the chip maker's stock, valued at approximately $709,000.

A number of other large investors also recently made changes to their positions in the company. Southern Financial Group LLC boosted its stake in Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after purchasing an additional 90 shares during the period. Harrell Investment Partners LLC boosted its position in shares of Intel by 0.4% in the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock valued at $3,250,000 after acquiring an additional 100 shares during the period. Wynn Capital LLC boosted its position in shares of Intel by 0.4% in the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after acquiring an additional 104 shares during the period. Demars Financial Group LLC grew its stake in shares of Intel by 1.7% in the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker's stock valued at $339,000 after acquiring an additional 125 shares in the last quarter. Finally, Human Investing LLC increased its position in Intel by 0.9% during the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker's stock worth $641,000 after acquiring an additional 126 shares during the period. Institutional investors own 64.53% of the company's stock.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by insiders.

Intel Price Performance

Shares of INTC stock opened at $103.49 on Tuesday. The business has a fifty day simple moving average of $110.12 and a 200 day simple moving average of $83.99. The company has a market cap of $522.00 billion, a P/E ratio of -49.05 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. Intel Corporation has a twelve month low of $22.77 and a twelve month 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, beating analysts' consensus estimates of $0.21 by $0.21. The company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm's quarterly revenue was up 25.2% compared to the same quarter last year. During the same period last year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts forecast that Intel Corporation will post 1.01 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Oppenheimer assumed coverage on shares of Intel in a research report on Thursday, June 11th. They set an "outperform" rating on the stock. TD Cowen raised their price objective on Intel from $75.00 to $115.00 and gave the stock a "hold" rating in a research note on Monday, July 13th. New Street Research upped their target price on Intel from $100.00 to $122.00 in a research report on Friday, June 26th. JPMorgan Chase & Co. increased their target price on Intel from $45.00 to $85.00 and gave the stock an "underweight" rating in a report on Friday, July 24th. Finally, Wolfe Research assumed coverage on Intel in a research note on Thursday, June 11th. They issued a "peer perform" rating for the company. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $107.46.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan disclosed a purchase of 105,263 Intel shares at $95 each, worth approximately $10 million. His investment is being viewed as a strong vote of confidence in Intel’s recovery strategy. Intel CEO insider purchase
• Positive Sentiment: Intel’s recently upsized equity offering is expected to provide roughly $20 billion to $23 billion for investments in manufacturing, AI and the foundry business. Reports of improving yields at GlobalFoundries and broader customer interest support the possibility of progress in Intel Foundry. Intel’s capital raise and foundry progress
• Positive Sentiment: SoftBank Group reportedly allocated 66.81% of its disclosed U.S. equity portfolio to Intel, potentially reinforcing the view that the chipmaker could benefit from the long-term AI infrastructure buildout. SoftBank’s Intel investment
• Positive Sentiment: Intel participated in a broader rally across chip and memory stocks as investors continued to favor companies exposed to strong AI spending and semiconductor infrastructure demand. Semiconductor stock market moves
• Neutral Sentiment: CEO Tan said Intel is exploring new memory architectures that bring memory and processors closer together. The initiative could expand Intel’s AI opportunity, but it is still exploratory and offers no near-term revenue assurance. Intel explores memory architectures
• Neutral Sentiment: Institutional signals are mixed: some reports describe new or enlarged semiconductor positions, while Stanley Druckenmiller’s fund was reported to have sold Intel in the second quarter. Druckenmiller’s Intel position
• Negative Sentiment: The equity raise strengthens Intel’s balance sheet but dilutes existing shareholders and raises the execution burden for the turnaround. Intel’s secondary share sale
• Negative Sentiment: At roughly 62 times expected next year’s earnings, Intel’s valuation assumes substantial future profitability even though the company reportedly lost about $11 billion over the past year, much of it noncash. Intel valuation and recent losses

Intel Company 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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