Haverford Trust Co Acquires Shares of 20,123 Intel Corporation $INTC

Key Points

• Haverford Trust acquired 20,123 Intel shares during the second quarter, valued at approximately $2.81 million. Institutional investors collectively own 64.53% of Intel’s outstanding stock.
• Intel CEO Lip-Bu Tan purchased 105,263 shares for nearly $10 million, increasing his holdings by 8.7% and signaling management confidence.
• Intel’s outlook remains mixed: quarterly revenue and earnings exceeded expectations, but analysts cite foundry losses, high capital spending, unconfirmed customer deals, and competition from AMD and Nvidia as ongoing risks. The stock carries a consensus “Hold” rating with an average price target of $107.46.

Haverford Trust Co bought a new position in Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 20,123 shares of the chip maker's stock, valued at approximately $2,810,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financially Speaking Inc grew its holdings in shares of Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after buying an additional 279 shares during the last quarter. Financial Life Planners purchased a new position in Intel in the first quarter worth about $25,000. Glynn Capital Management LLC purchased a new stake in Intel during the second quarter valued at approximately $29,000. Knuff & Co LLC bought a new position in Intel in the 2nd quarter worth $29,000. Finally, Swiss RE Ltd. bought a new position in shares of Intel during the 4th quarter valued at approximately $29,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel News Summary

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

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction dated 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 $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.05% of the company's stock.

Intel Price Performance

Intel stock opened at $89.51 on Tuesday. The firm has a 50-day moving average price of $103.61 and a 200-day moving average price of $86.94. The firm has a market capitalization of $451.49 billion, a PE ratio of -42.42, a price-to-earnings-growth ratio of 9.89 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel Corporation has a 12-month low of $23.68 and a 12-month high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the firm posted ($0.10) EPS. The firm's revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts forecast that Intel Corporation will post 1 EPS for the current year.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research analyst reports. Northland Securities lowered shares of Intel from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 26th. Moffett Nathanson cut Intel to a "neutral" rating in a report on Thursday, June 11th. Benchmark increased their target price on Intel from $105.00 to $140.00 and gave the company a "buy" rating in a research report on Monday, May 18th. The Goldman Sachs Group restated a "neutral" rating on shares of Intel in a research report on Thursday, July 23rd. Finally, HC Wainwright set a $150.00 price target on shares of Intel in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intel presently has an average rating of "Hold" and an average price target of $107.46.

About Intel

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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