Intel Corporation $INTC is Argyle Capital Management LLC's Largest Position

Key Points

• Argyle Capital Management reduced its Intel stake by 12.2% in the second quarter but still held 102,925 shares valued at $14.4 million, making Intel its largest position. Institutional investors collectively own 64.53% of Intel.
• Intel CEO Lip-Bu Tan purchased 105,263 shares for approximately $10 million, increasing his direct stake by 8.7%—a potential vote of confidence in the company’s strategy.
• Intel reported stronger-than-expected quarterly results, with revenue up 25.2% year over year to $16.13 billion and EPS of $0.42 versus the $0.21 consensus. Despite the results, analysts maintain a consensus “Hold” rating with a $107.85 price target, while the stock opened at $102.50.

Argyle Capital Management LLC decreased its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 12.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,925 shares of the chip maker's stock after selling 14,350 shares during the quarter. Intel comprises 4.1% of Argyle Capital Management LLC's holdings, making the stock its biggest position. Argyle Capital Management LLC's holdings in Intel were worth $14,371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of INTC. Avantax Planning Partners Inc. increased its holdings in shares of Intel by 1.0% in the second quarter. Avantax Planning Partners Inc. now owns 13,283 shares of the chip maker's stock valued at $1,855,000 after purchasing an additional 127 shares during the period. A4 Wealth Advisors LLC purchased a new position in shares of Intel in the second quarter worth about $235,000. MBA Advisors LLC lifted its holdings in shares of Intel by 105.4% during the second quarter. MBA Advisors LLC now owns 10,494 shares of the chip maker's stock worth $1,465,000 after purchasing an additional 5,386 shares during the period. Summit Wealth Group LLC Co. lifted its holdings in shares of Intel by 22.3% during the second quarter. Summit Wealth Group LLC Co. now owns 10,251 shares of the chip maker's stock worth $1,431,000 after purchasing an additional 1,868 shares during the period. Finally, Angeles Wealth Management LLC lifted its holdings in shares of Intel by 19.2% during the second quarter. Angeles Wealth Management LLC now owns 22,771 shares of the chip maker's stock worth $3,180,000 after purchasing an additional 3,664 shares during the period. Institutional investors and hedge funds own 64.53% of the company's stock.

Insider Buying and Selling at Intel

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

Wall Street Analyst Weigh In

Several brokerages recently weighed in on INTC. Evercore set a $95.00 price target on shares of Intel in a report on Friday, April 24th. Daiwa Securities Group cut shares of Intel from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Roth Capital upped their price objective on shares of Intel from $100.00 to $120.00 and gave the company a "buy" rating in a report on Friday, July 24th. Wedbush increased their price objective on shares of Intel from $60.00 to $98.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Finally, BNP Paribas Exane upgraded shares of Intel from an "underperform" rating to a "buy" rating and set a $60.00 price objective on the stock in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $107.85.

Intel Stock Down 2.0%

INTC stock opened at $102.50 on Friday. Intel Corporation has a one year low of $22.77 and a one year high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The firm's fifty day moving average is $110.26 and its 200 day moving average is $83.29. The firm has a market cap of $517.01 billion, a PE ratio of -48.58 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the prior year, the firm posted ($0.10) earnings per share. The company'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. On average, research analysts forecast that Intel Corporation will post 1.01 EPS for the current year.

Intel News Summary

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

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.

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.

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