Harel Insurance Investments & Financial Services Ltd. Purchases 105,585 Shares of Intel Corporation $INTC

Key Points

• Harel Insurance Investments increased its Intel position by 586.3% in the second quarter, purchasing 105,585 additional shares for a total of 123,593 shares valued at approximately $17 million. Institutional investors collectively own 64.53% of Intel.
• Intel reported stronger-than-expected quarterly results, with revenue rising 25.2% year over year to $16.13 billion and EPS of $0.42 versus the $0.21 consensus estimate.
• Intel CEO Lip-Bu Tan bought 105,263 shares for roughly $10 million, increasing his stake by 8.7%; however, analysts maintain a consensus “Hold” rating with a $107.85 price target, below the reported $102.50 share price only modestly.

Harel Insurance Investments & Financial Services Ltd. grew its position in Intel Corporation (NASDAQ:INTC - Free Report) by 586.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 123,593 shares of the chip maker's stock after acquiring an additional 105,585 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.'s holdings in Intel were worth $17,047,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Funde Sino Life Insurance Co Ltd purchased a new position in shares of Intel during the 2nd quarter worth about $12,521,000. Aware Super Pty Ltd as trustee of Aware Super raised its position in Intel by 194.6% in the 2nd quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 445,028 shares of the chip maker's stock worth $62,139,000 after purchasing an additional 293,947 shares during the period. Fund Resources Investment Holding Group Co Ltd bought a new stake in Intel in the second quarter worth about $56,377,000. Oregon Public Employees Retirement Fund lifted its stake in Intel by 8.0% in the second quarter. Oregon Public Employees Retirement Fund now owns 580,816 shares of the chip maker's stock worth $81,099,000 after purchasing an additional 43,154 shares during the last quarter. Finally, Powell Investment Advisors LLC purchased a new position in shares of Intel during the second quarter valued at approximately $476,000. Institutional investors own 64.53% of the company's stock.

Intel Stock Down 2.0%

Shares of NASDAQ INTC opened at $102.50 on Friday. Intel Corporation has a 52-week low of $22.77 and a 52-week high of $142.35. The firm has a market capitalization of $517.01 billion, a price-to-earnings ratio of -48.58 and a beta of 2.22. The stock has a 50 day moving average price of $110.26 and a 200 day moving average price of $83.29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.Intel's quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the business posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts expect that Intel Corporation will post 1.01 earnings per share for the current year.

Insider Activity

In other news, CEO Lip Bu Tan purchased 105,263 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.05% of the company's stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased 105,263 Intel shares at $95 each, investing approximately $10 million and increasing his direct stake by 8.7%. The purchase is viewed as a vote of confidence in Intel’s recovery strategy. Intel insider purchase filing
• Positive Sentiment: Analyst and media coverage highlighted Intel’s approximately $20 billion equity raise as potential funding for expanded foundry capacity, production growth and new customer wins. Some analysts believe demand for Intel’s server processors is currently exceeding its manufacturing capacity. Intel foundry capital raise article
• Positive Sentiment: Intel’s second-quarter results showed strong momentum: revenue rose roughly 25% year over year to $16.1 billion, with Data Center and AI revenue reportedly increasing 59%. The results exceeded analyst expectations and reinforced the AI-related CPU growth narrative. Intel revenue growth article
• Neutral Sentiment: Intel is considering a return to the memory-chip market, supported by the capital raise and the appointment of former SK Hynix CEO Seok-Hee Lee to Intel Foundry. The opportunity could expand Intel’s addressable market, but the plan remains exploratory and would require substantial investment. Intel memory market article
• Negative Sentiment: The $20 billion common-stock offering creates significant dilution for existing shareholders and has encouraged profit-taking after Intel’s substantial rally. Investors are also focused on whether management can convert the new capital into profitable foundry growth and sustained free cash flow. Intel stock offering discussion

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Seaport Research Partners reaffirmed a "buy" rating and set a $125.00 target price on shares of Intel in a research note on Friday, July 24th. Melius Research set a $150.00 price target on Intel in a research note on Monday, May 18th. Citigroup upgraded Intel from a "positive" rating to a "buy" rating in a report on Thursday, July 23rd. Jefferies Financial Group assumed coverage on Intel in a research note on Thursday, June 11th. They issued a "buy" rating on the stock. Finally, Scotiabank initiated coverage on Intel in a research report on Tuesday, April 21st. They set a "sector perform" rating for the company. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $107.85.

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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