Envestnet Asset Management Inc. Buys 67,588 Shares of Intel Corporation $INTC

Key Points

• Envestnet Asset Management increased its Intel stake by 4.7%, buying 67,588 shares to hold 1.49 million shares valued at about $208.5 million. Institutional investors collectively own 64.53% of Intel.
• Intel’s latest quarterly results beat expectations, with adjusted 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 nearly $10 million of Intel stock.
• Despite strong momentum and analyst price targets, Intel carries a consensus “Hold” rating with a $108.49 target price; analysts cite substantial gains, elevated valuation, and the need for stronger products revenue and foundry execution.

Envestnet Asset Management Inc. boosted its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,493,552 shares of the chip maker's stock after buying an additional 67,588 shares during the quarter. Envestnet Asset Management Inc.'s holdings in Intel were worth $208,541,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of INTC. State Street Corp lifted its holdings in Intel by 1.2% in the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker's stock worth $30,278,720,000 after purchasing an additional 2,528,657 shares during the last quarter. Silicon Valley Capital Partners grew its holdings in Intel by 66.0% during the second quarter. Silicon Valley Capital Partners now owns 26,172 shares of the chip maker's stock valued at $3,654,000 after purchasing an additional 10,406 shares during the last quarter. Altar Rock LLC bought a new position in shares of Intel in the second quarter valued at approximately $233,000. Wellington Altus USA Inc. raised its holdings in Intel by 45.8% in the 2nd quarter. Wellington Altus USA Inc. now owns 6,220 shares of the chip maker's stock worth $868,000 after acquiring an additional 1,954 shares during the period. Finally, Revere Asset Management Inc acquired a new position in shares of Intel during the 2nd quarter worth about $1,078,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Intel Stock Performance

Shares of Intel stock opened at $127.39 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The firm has a 50 day simple moving average of $98.51 and a 200 day simple moving average of $94.44. Intel Corporation has a fifty-two week low of $31.21 and a fifty-two week high of $142.35. The firm has a market cap of $642.56 billion, a P/E ratio of -60.37, a P/E/G ratio of 13.22 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business's quarterly revenue was up 25.2% compared to the same quarter last year. During the same period last year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts predict that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on INTC shares. Seaport Research Partners reiterated a "buy" rating and issued a $125.00 price objective on shares of Intel in a research report on Friday, July 24th. Wedbush lifted their price objective on Intel from $60.00 to $98.00 and gave the company a "neutral" rating in a report on Friday, July 24th. KeyCorp set a $125.00 target price on shares of Intel in a report on Friday, July 24th. Pivotal Research started coverage on shares of Intel in a report on Tuesday, September 8th. They set a "buy" rating for the company. Finally, Oppenheimer started coverage on shares of Intel in a research note on Thursday, June 11th. They set an "outperform" rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-six have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $108.49.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Optimism around Meta Platforms’ Muse AI assistant and the broader growth of “agentic AI” is reinforcing the view that persistent AI agents could create additional orchestration and inference workloads for CPUs. However, no Intel purchase commitment or specific hardware selection has been confirmed. Why are Intel and AMD stocks rising on Thursday?
• Positive Sentiment: Intel highlighted new micro-LED technology involving glass substrates, adding to investor interest in the company’s efforts to improve chip design and expand its technology portfolio. Intel Stock Gains With New Micro-LEDs in Glass Substrates
• Positive Sentiment: Recent commentary that Intel can supply only about half of customer CPU demand suggests strong near-term product demand, although it also raises questions about manufacturing capacity and execution. Possible interest from SK Hynix in Intel’s Ohio site could provide a strategic or financial catalyst, but discussions remain preliminary.
• Neutral Sentiment: Intel’s “neutral” rating was reaffirmed by Bernstein, while TD Cowen maintained a “hold” rating and a $115 price target. Analysts see meaningful AI and foundry potential, but believe much of that upside is already reflected after the stock’s substantial rally. Intel Rated Hold as Share Gains Seen Fully Valuing AI and Foundry Upside
• Negative Sentiment: Intel’s roughly 293% rally over the past year has pushed its sales multiple above the semiconductor-industry average, increasing the risk of profit-taking and making further gains dependent on stronger products revenue and foundry execution. Intel’s 293% Rally Is Putting Its Valuation to the Test
• Negative Sentiment: Rising Treasury yields and renewed concern about interest rates pressured high-growth technology and semiconductor stocks, prompting an early risk-off move across Intel, AMD and Nvidia. Senator Michael Bennet’s criticism of the administration’s lack of AI guardrails also highlights potential policy uncertainty for the sector.

Intel 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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