Artemis Wealth Advisors LLC Takes $2.42 Million Position in Intel Corporation $INTC

Key Points

• Artemis Wealth Advisors initiated an $2.42 million Intel position by purchasing 8,000 shares, representing about 0.3% of its portfolio. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel reported quarterly earnings of $0.42 per share versus the $0.21 consensus estimate, while revenue rose 25.2% year over year to $16.13 billion. Despite the strong results, the stock recently traded at $89.47, down 2.8%.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $107.46. CEO Lip-Bu Tan’s nearly $10 million stock purchase signals confidence, but ongoing foundry losses and competitive pressure in AI-related chips remain significant risks.

Artemis Wealth Advisors LLC bought a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,000 shares of the chip maker's stock, valued at approximately $2,420,000. Intel makes up about 0.3% of Artemis Wealth Advisors LLC's investment portfolio, making the stock its 27th largest holding.

Other large investors also recently modified their holdings of the company. State Street Corp increased its position in shares of Intel by 2.8% in the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock worth $7,695,007,000 after purchasing an additional 5,714,400 shares during the period. Capital World Investors grew its stake in Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock worth $3,839,833,000 after buying an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC grew its stake in Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock worth $3,744,406,000 after buying an additional 3,124,798 shares in the last quarter. Morgan Stanley increased its holdings in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock valued at $2,407,698,000 after buying an additional 11,056,090 shares during the period. Finally, Norges Bank bought a new position in Intel in the 4th quarter valued at about $2,233,159,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Trading Down 2.8%

INTC opened at $89.47 on Friday. The stock has a market cap of $451.29 billion, a PE ratio of -42.40 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 $23.68 and a twelve month high of $142.35. The company has a fifty day moving average of $104.64 and a 200-day moving average of $86.39.

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 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 the consensus estimate of $14.43 billion. During the same period last year, the business posted ($0.10) EPS. The business's revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts predict that Intel Corporation will post 1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. DA Davidson boosted their price objective on shares of Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Susquehanna upped their price objective on Intel from $80.00 to $115.00 and gave the stock a "neutral" rating in a research report on Thursday, July 16th. Northland Securities lowered Intel from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 26th. Jefferies Financial Group began coverage on shares of Intel in a report on Thursday, June 11th. They set a "buy" rating on the stock. Finally, Bank of America dropped their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price 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

Insider Buying and Selling

In other Intel 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 cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.05% of the stock is owned by corporate insiders.

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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