Allworth Financial LP Invests $51.92 Million in Intel Corporation $INTC

Key Points

• Allworth Financial initiated a $51.92 million Intel position, purchasing 371,823 shares in the second quarter; institutional investors collectively own 64.53% of the company.
• Intel exceeded quarterly expectations with $0.42 in adjusted EPS versus $0.21 expected and $16.13 billion in revenue, up 25.2% year over year. However, the company reported a negative net margin of 19.79%.
• CEO Lip-Bu Tan bought nearly $10 million of Intel shares at $95 each, signaling confidence in the turnaround, while analysts remain cautious: the consensus rating is Hold with a $107.46 target price amid manufacturing losses and execution risks.

Allworth Financial LP bought a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 371,823 shares of the chip maker's stock, valued at approximately $51,918,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Financially Speaking Inc boosted its holdings in shares of Intel by 69.2% in 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 during the last quarter. Financial Life Planners acquired a new position in Intel in the first quarter valued at $25,000. Glynn Capital Management LLC acquired a new position in Intel in the second quarter valued at $29,000. Knuff & Co LLC purchased a new stake in Intel during the second quarter valued at about $29,000. Finally, Swiss RE Ltd. acquired a new stake in Intel during the fourth quarter worth about $29,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Price Performance

Shares of NASDAQ INTC opened at $89.47 on Monday. Intel Corporation has a 1 year low of $23.68 and a 1 year high of $142.35. The firm has a market cap of $451.29 billion, a price-to-earnings ratio of -42.40, a PEG ratio of 9.89 and a beta of 2.22. 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's 50-day simple moving average is $104.64 and its 200-day simple moving average is $86.65.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data 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. 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 during the quarter, compared to analyst estimates of $14.43 billion. During the same quarter last year, the firm earned ($0.10) EPS. Intel'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, equities analysts anticipate that Intel Corporation will post 1 earnings per share for the current fiscal year.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $124,893,555. This 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 the SEC website. Insiders own 0.05% of the company's stock.

Intel News Summary

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on INTC shares. Daiwa Securities Group lowered Intel from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Robert W. Baird raised their price target on shares of Intel from $75.00 to $125.00 and gave the company a "neutral" rating in a report on Friday, July 24th. HC Wainwright set a $150.00 price objective on shares of Intel in a research note on Monday, June 29th. Barclays raised their target price on shares of Intel from $65.00 to $100.00 and gave the company an "equal weight" rating in a research note on Monday, June 1st. Finally, Piper Sandler began coverage on shares of Intel in a report on Thursday, June 11th. They set a "neutral" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, Intel has an average rating of "Hold" and a consensus target price of $107.46.

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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