Allworth Financial LP Acquires 92,684 Shares of Intel Corporation $INTC

Key Points

• Allworth Financial increased its Intel stake by 33.2% in the second quarter, acquiring 92,684 additional shares for a total of 371,823 shares valued at approximately $51.9 million. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel CEO Lip-Bu Tan purchased 105,263 shares for roughly $10 million, increasing his ownership by 8.7%. The purchase came as Intel reported quarterly revenue of $16.13 billion, up 25.2% year over year, and earnings that exceeded analyst expectations.
• Intel shares were trading near $102.94, supported by optimism around potential processor price increases, improving semiconductor demand and the company’s turnaround. However, analysts maintain an average “Hold” rating, citing ongoing losses, competition from Nvidia and AMD, elevated valuation and uncertainty over sustained pricing power.

Allworth Financial LP raised its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 33.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 371,823 shares of the chip maker's stock after acquiring an additional 92,684 shares during the period. Allworth Financial LP's holdings in Intel were worth $51,918,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Financially Speaking Inc lifted its holdings in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after purchasing an additional 279 shares in the last quarter. Financial Life Planners acquired a new position in shares of Intel in the 1st quarter valued at approximately $25,000. Montgomery Financial Services LLC bought a new stake in Intel during the 2nd quarter worth approximately $26,000. Glynn Capital Management LLC bought a new stake in Intel during the 2nd quarter worth approximately $29,000. Finally, Knuff & Co LLC acquired a new stake in Intel during the 2nd quarter worth approximately $29,000. 64.53% of the stock is owned by institutional investors and hedge funds.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.05% of the company's stock.

Intel Trading Up 2.6%

NASDAQ:INTC opened at $102.94 on Friday. Intel Corporation has a twelve month low of $24.05 and a twelve month high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The business has a 50 day moving average price of $97.86 and a two-hundred day moving average price of $89.89. The company has a market cap of $519.23 billion, a P/E ratio of -48.79, a price-to-earnings-growth ratio of 10.75 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last issued 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 negative net margin of 19.79% and a positive return on equity of 2.62%. The company had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. During the same period last year, the business 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. As a group, analysts expect that Intel Corporation will post 1.04 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on INTC shares. Cantor Fitzgerald cut their price target on shares of Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. Susquehanna increased their price objective on shares of Intel from $80.00 to $115.00 and gave the stock a "neutral" rating in a research report on Thursday, July 16th. The Goldman Sachs Group restated a "neutral" rating on shares of Intel in a report on Thursday, July 23rd. HC Wainwright set a $150.00 price objective on shares of Intel in a research report on Monday, June 29th. Finally, Citigroup initiated coverage on shares of Intel in a research report on Tuesday. They issued a "buy" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $107.80.

Intel Company Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.

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