Ascentis Independent Advisors Has $103,000 Stake in Intel Corporation $INTC

Ascentis Independent Advisors decreased its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 93.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 740 shares of the chip maker's stock after selling 11,056 shares during the quarter. Ascentis Independent Advisors' holdings in Intel were worth $103,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Beaird Harris Wealth Management LLC boosted its stake in Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock worth $32,000 after buying an additional 223 shares in the last quarter. Carolina Wealth Advisors LLC raised its stake in shares of Intel by 167.0% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker's stock valued at $37,000 after buying an additional 167 shares in the last quarter. Ramsey Quantitative Systems bought a new position in shares of Intel during the 2nd quarter worth about $50,000. Allied Private Wealth LLC acquired a new stake in shares of Intel during the 2nd quarter valued at about $68,000. Finally, Financial Life Planners acquired a new position in Intel in the first quarter worth about $25,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

INTC has been the topic of a number of recent research reports. Moffett Nathanson downgraded Intel to a "neutral" rating in a report on Thursday, June 11th. Weiss Ratings raised Intel from a "sell (d-)" rating to a "hold (c-)" rating in a report on Tuesday, August 4th. The Goldman Sachs Group restated a "neutral" rating on shares of Intel in a research report on Thursday, July 23rd. Tigress Financial upped their price target on Intel from $66.00 to $118.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Finally, Arete Research boosted their target price on shares of Intel from $20.40 to $99.00 and gave the company a "neutral" rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $107.46.

Intel Price Performance

Intel stock opened at $103.49 on Tuesday. The business's fifty day moving average is $110.12 and its two-hundred day moving average is $83.99. 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 firm has a market cap of $522.00 billion, a P/E ratio of -49.05 and a beta of 2.22. Intel Corporation has a 52 week low of $22.77 and a 52 week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last announced its 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. The company had revenue of $16.13 billion during 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 company's revenue was up 25.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The shares were purchased 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 approximately $124,893,555. The trade was a 8.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.05% of the company's stock.

Key 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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