Avanda Investment Management Pte. Ltd. Purchases Shares of 15,300 Intel Corporation $INTC

Key Points

• Avanda Investment Management initiated a 15,300-share Intel position worth approximately $2.14 million, while institutional investors and hedge funds collectively own 64.53% of the company.
• Intel reported quarterly EPS of $0.42 versus the $0.21 consensus and revenue of $16.13 billion, up 25.2% year over year. CEO Lip-Bu Tan also purchased roughly $10 million of Intel shares.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and average price target of $107.46; concerns include foundry execution, high capital spending, and competition from AMD and Nvidia.

Avanda Investment Management Pte. Ltd. acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 15,300 shares of the chip maker's stock, valued at approximately $2,136,000. Intel accounts for 0.7% of Avanda Investment Management Pte. Ltd.'s holdings, making the stock its 12th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of INTC. State Street Corp increased its holdings in shares of Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock valued at $7,695,007,000 after acquiring an additional 5,714,400 shares during the last quarter. Capital World Investors boosted its holdings in shares of Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock valued at $3,839,833,000 after buying an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Intel by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock valued at $3,744,406,000 after buying an additional 3,124,798 shares in the last quarter. Morgan Stanley grew its position in shares of 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 last quarter. Finally, Norges Bank purchased a new position in shares of Intel in the 4th quarter valued at $2,233,159,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Trading Up 0.0%

Shares of INTC stock opened at $89.51 on Tuesday. The firm has a market capitalization of $451.49 billion, a PE ratio of -42.42, a P/E/G ratio of 9.89 and a beta of 2.22. Intel Corporation has a 1-year low of $23.68 and a 1-year high of $142.35. The business's fifty day moving average price is $103.61 and its 200 day moving average price is $86.94. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.21. The business 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 business's revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts forecast that Intel Corporation will post 1 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company's stock, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research reports. New Street Research boosted their price target on shares of Intel from $100.00 to $122.00 in a research report on Friday, June 26th. TD Cowen boosted their target price on Intel from $75.00 to $115.00 and gave the company a "hold" rating in a report on Monday, July 13th. JPMorgan Chase & Co. upped their target price on Intel from $45.00 to $85.00 and gave the company an "underweight" rating in a research report on Friday, July 24th. Susquehanna raised their price target on Intel from $80.00 to $115.00 and gave the stock a "neutral" rating in a research note on Thursday, July 16th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $107.46.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that South Korean memory-chip maker SK Hynix was considering Intel Foundry to manufacture base dies for next-generation HBM4E memory initially boosted hopes for a major external customer and validated Intel’s manufacturing ambitions. CEO Lip-Bu Tan’s reported purchase of roughly $12 million in Intel shares also signaled management confidence. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: Intel could benefit from the rapid expansion of AI infrastructure and from large-scale chip-production projects in the United States, including Elon Musk’s reported planned facility near Houston. More domestic manufacturing demand would support the strategic rationale for Intel’s foundry investments, though the project is not confirmed as an Intel contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Neutral Sentiment: SK Hynix subsequently denied the reported HBM4E partnership, removing the immediate catalyst and underscoring that Intel’s potential foundry wins remain uncommitted. SK Hynix Denies Report of Intel Foundry Partnership
• Negative Sentiment: Analysts continue to question whether AI-related revenue can arrive quickly enough to offset Intel’s rising capital spending and foundry losses. Outside customers currently contribute little foundry revenue, making utilization and execution key risks for the stock. Intel Stock Is Paying Now for Revenue Due Later
• Negative Sentiment: Competitive concerns remain: coverage argues AMD continues to take share from Intel, while Nvidia’s strong growth in newer data-center products could further pressure Intel’s position in AI hardware. AMD: Still Eating Intel's Lunch

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source