Intel Corporation $INTC Shares Purchased by BOCHK Asset Management Ltd

Key Points

• BOCHK Asset Management increased its Intel position by 1,859.8% in the second quarter, holding 95,050 shares worth approximately $13.3 million. Institutional investors collectively own 64.53% of Intel’s stock.
• Intel’s latest quarterly results exceeded expectations, with earnings of $0.42 per share and revenue of $16.13 billion, up 25.2% year over year. CEO Lip-Bu Tan also purchased roughly $10 million of Intel shares at $95 each.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $107.46; recent target reductions and downgrades reflect continuing concerns about execution and competition.

BOCHK Asset Management Ltd lifted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 1,859.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,050 shares of the chip maker's stock after purchasing an additional 90,200 shares during the quarter. Intel accounts for 2.1% of BOCHK Asset Management Ltd's investment portfolio, making the stock its 10th largest holding. BOCHK Asset Management Ltd's holdings in Intel were worth $13,272,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of INTC. Financially Speaking Inc increased its stake in Intel by 69.2% during 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 in the last quarter. Financial Life Planners bought a new position in shares of Intel in the first quarter valued at $25,000. Swiss RE Ltd. bought a new position in shares of Intel in the fourth quarter valued at $29,000. Osbon Capital Management LLC acquired a new position in shares of Intel during the fourth quarter valued at about $30,000. Finally, Beaird Harris Wealth Management LLC grew its holdings in shares of Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock valued at $32,000 after buying an additional 223 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on INTC shares. Bank of America lowered their target price on shares of Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a report on Wednesday, August 12th. BTIG Research upgraded Intel from a "neutral" rating to a "buy" rating in a research note on Thursday, June 11th. Daiwa Securities Group lowered Intel from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $100.00 target price on shares of Intel in a research report on Tuesday, May 12th. Finally, Moffett Nathanson downgraded Intel to a "neutral" rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $107.46.

Intel Price Performance

Shares of NASDAQ INTC opened at $92.80 on Thursday. The company has a market capitalization of $468.08 billion, a PE ratio of -43.98 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The stock's 50 day moving average price is $109.62 and its 200-day moving average price is $84.64. Intel Corporation has a twelve month low of $22.77 and a twelve 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, 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 last year, the company posted ($0.10) earnings per share. Intel's quarterly 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, equities analysts anticipate that Intel Corporation will post 1.01 EPS for the current year.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at approximately $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 the SEC website. 0.05% of the stock is owned by insiders.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased approximately $10 million of Intel stock, or more than 105,000 shares, at about $95 each. The open-market purchase signals management confidence in Intel’s turnaround, although it has not offset broader selling pressure. Insiders Are Buying Intel
• Positive Sentiment: Intel secured Socionext as a customer for its 18A-P process, supporting the company’s foundry strategy and suggesting progress in attracting external chip-design clients. Intel Lands Socionext for Chiplets
• Positive Sentiment: Analysts and industry coverage point to potential growth from AI PCs, edge AI, robotics, agentic-AI server demand and advanced packaging, where Intel is seeking to compete with Taiwan Semiconductor. The AI Boom Has a New Chip Shortage
• Neutral Sentiment: Intel GPU prices reportedly rose 48% in one month as memory costs increased. Higher prices could support revenue, but rising component costs may also weaken demand and margins. Intel GPU Prices Jump 48%
• Negative Sentiment: Intel and AMD are declining alongside a broader chip selloff tied to worries that AI infrastructure spending may be peaking. Softer sentiment toward major AI-chip demand has pressured the entire semiconductor group. Why Intel and AMD Stocks Are Falling
• Negative Sentiment: Investors remain concerned about dilution following Intel’s $20 billion equity offering and the stock’s sharp prior rally, which has raised valuation and profit-execution expectations. Intel’s $20 Billion Equity Raise
• Negative Sentiment: Recent Qualcomm testing highlighted competitive pressure from Snapdragon chips, adding to concerns about Intel’s position in client computing and power-efficient processors. Intel Stock After Snapdragon Testing

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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