Intel Corporation $INTC Shares Bought by Empowered Funds LLC

Key Points

• Empowered Funds LLC increased its Intel stake by 6.8% in the second quarter, buying 31,618 additional shares for a total holding of 495,228 shares valued at approximately $69.1 million.
• Intel reported quarterly revenue of $16.13 billion and adjusted EPS of $0.42, exceeding analyst expectations, while revenue grew 25.2% year over year.
• Investor sentiment remains mixed: CEO Lip-Bu Tan bought nearly $10 million of Intel stock, but analysts maintain a consensus “Hold” rating with an average price target of $107.01, citing both AI-related opportunities and competitive and margin risks.

Empowered Funds LLC increased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 6.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 495,228 shares of the chip maker's stock after buying an additional 31,618 shares during the quarter. Empowered Funds LLC's holdings in Intel were worth $69,149,000 at the end of the most recent reporting period.

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

Intel Price Performance

NASDAQ INTC opened at $95.80 on Friday. Intel Corporation has a fifty-two week low of $24.05 and a fifty-two week high of $142.35. The stock's 50-day moving average is $100.45 and its two-hundred day moving average is $87.91. 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 market cap of $483.22 billion, a P/E ratio of -45.40, a price-to-earnings-growth ratio of 10.12 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company 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 company posted ($0.10) EPS. The firm's revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Insider Activity at Intel

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 bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Dell’s strong server performance supported Intel’s data-center outlook. Dell reported a 122% increase in server revenue, prompting analysts to argue that demand for Intel CPUs is accelerating as AI infrastructure requires a substantial number of traditional processors alongside GPUs. Intel stock rises as Dell earnings point to CPU demand
• Positive Sentiment: A bullish $200 price target added momentum. Global Equities Research analyst Trip Chowdhry identified Intel as a direct beneficiary of rising CPU-to-GPU ratios in AI clusters, the continued enterprise presence of x86 processors and the potential of Intel’s Clearwater Forest architecture. The target implies substantial upside, although it is an individual analyst forecast rather than a consensus estimate. Dell earnings and Intel CPU demand
• Positive Sentiment: Estimate revisions have been trending higher. Analysts cited AI demand, manufacturing improvements and growth in custom silicon as potential offsets to supply constraints and competitive pressure. Intel’s recent revenue growth and plans for more than $20 billion in 2026 capital spending also reinforce the long-term recovery narrative. Intel estimate revisions
• Neutral Sentiment: Semiconductor-sector strength provided a broad-market tailwind. Intel, AMD and Nvidia advanced even as stronger employment data increased expectations for a possible Federal Reserve rate hike. Separate commentary arguing that Nvidia’s earnings reduced fears of an AI spending bubble also helped maintain investor interest in chip stocks. Chip stocks rise despite rate concerns
• Negative Sentiment: Mizuho lowered its Intel price target to $92 from $109 and maintained a Hold rating. The analyst warned that weaker PC demand and near-term margin pressure could limit the benefit from Intel’s AI-related growth. Nvidia’s expanding server CPU business also remains a competitive risk. Mizuho lowers Intel price target

Analysts Set New Price Targets

A number of brokerages have recently weighed in on INTC. Wells Fargo & Company upped their target price on Intel from $110.00 to $120.00 and gave the company an "equal weight" rating in a report on Friday, July 24th. Northland Securities downgraded shares of Intel from an "outperform" rating to a "market perform" rating in a research report on Tuesday, May 26th. Melius Research set a $150.00 target price on shares of Intel in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $100.00 price target on shares of Intel in a report on Tuesday, May 12th. Finally, BTIG Research raised shares of Intel from a "neutral" rating to a "buy" rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $107.01.

Intel 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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