FirstWave Capital Management LLC Makes New Investment in Intel Corporation $INTC

Key Points

• FirstWave Capital Management initiated a position in Intel during the second quarter, purchasing 12,950 shares valued at approximately $1.81 million.
• Institutional investors own 64.53% of Intel, while CEO Lip-Bu Tan separately bought 105,263 shares for about $10 million, signaling insider confidence.
• Intel’s stock opened at $104.47, up 9.1%, after quarterly revenue rose 25.2% year over year and earnings surpassed estimates; however, analysts remain mixed, with an overall “Hold” rating and an average price target of $107.74.

FirstWave Capital Management LLC purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,950 shares of the chip maker's stock, valued at approximately $1,808,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financially Speaking Inc lifted its stake 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 during the first quarter worth $25,000. Glynn Capital Management LLC acquired a new position in Intel during the second quarter worth $29,000. Knuff & Co LLC bought a new position in Intel during the second quarter valued at about $29,000. Finally, Swiss RE Ltd. bought a new position in Intel during the fourth quarter valued at about $29,000. Institutional investors own 64.53% of the company's stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is reportedly preparing another price increase of roughly 10% for PC and enterprise CPUs, potentially beginning in October. Rising supply-chain costs are a stated reason, but the increase also suggests strong demand and limited customer willingness to switch suppliers. Intel’s stock is rising as the company looks primed to boost prices even more
• Positive Sentiment: Intel and ASML reported that Intel Foundry has processed more than one million wafers using High-NA EUV equipment. The technology is being applied to selected layers of Intel’s 18A process and upcoming Panther Lake chips, offering evidence that Intel’s substantial fabrication investments are moving toward production-scale execution. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High NA EUV
• Positive Sentiment: Northland Securities upgraded Intel from Market Perform to Outperform, citing improved pricing power and the possibility that Elon Musk’s proposed Terafab could provide additional scale for Intel’s currently loss-making foundry business. Wall Street analyst upgrades Intel stock price target
• Neutral Sentiment: Intel’s AI-PC initiative, including an on-device AI agent developed with the University of South Australia, highlights potential product differentiation, although its near-term revenue impact remains uncertain. Can Intel's AI PC Innovation With ASU Strengthen Its Market Position?
• Negative Sentiment: Mizuho reportedly reduced its price target to $92, pointing to dilution concerns after Intel’s sharp rally and capital needs. This remains a key risk because foundry expansion requires substantial investment and could limit per-share gains. 5-star analyst resets Intel stock price target

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Weiss Ratings downgraded Intel from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, August 18th. Seaport Research Partners reissued a "buy" rating and issued a $125.00 price objective on shares of Intel in a research note on Friday, July 24th. Susquehanna boosted their target price on Intel from $80.00 to $115.00 and gave the stock a "neutral" rating in a report on Thursday, July 16th. New Street Research upped their target price on Intel from $100.00 to $122.00 in a research report on Friday, June 26th. Finally, Northland Securities upgraded Intel from a "market perform" rating to an "outperform" rating and set a $120.00 price target on the stock in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $107.74.

Intel Stock Up 9.1%

INTC stock opened at $104.47 on Wednesday. The stock has a market capitalization of $526.95 billion, a price-to-earnings ratio of -49.51, a price-to-earnings-growth ratio of 10.58 and a beta of 2.22. The company has a 50-day moving average of $99.03 and a two-hundred day moving average of $88.96. Intel Corporation has a 52-week low of $24.05 and a 52-week high of $142.35. 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 posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS 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 business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period in the previous year, the company posted ($0.10) earnings per share. The firm's revenue for the quarter 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 research analysts anticipate that Intel Corporation will post 1.01 EPS for the current year.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, 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 purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.05% of the stock is owned by company insiders.

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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