Intel Corporation $INTC Stock Purchased by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions increased its Intel position by 69.3% in the second quarter, bringing its holdings to 58,514 shares valued at approximately $8.17 million. Institutional investors collectively own 64.53% of Intel.
• Intel CEO Lip-Bu Tan purchased 105,263 shares for nearly $10 million, increasing his stake by 8.7%, though insiders overall own just 0.05% of the company.
• Intel reported stronger-than-expected quarterly results, with $0.42 in adjusted EPS and $16.13 billion in revenue, while shares have rallied sharply. Despite optimism around AI, foundry demand and capacity, analysts maintain a consensus “Hold” rating with a $108.49 price target, below the reported $127.39 share price.

Envestnet Portfolio Solutions Inc. raised its position in Intel Corporation (NASDAQ:INTC - Free Report) by 69.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,514 shares of the chip maker's stock after acquiring an additional 23,952 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Intel were worth $8,170,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in shares of Intel by 4.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,493,552 shares of the chip maker's stock worth $208,541,000 after acquiring an additional 67,588 shares during the last quarter. State Street Corp lifted its stake in shares of Intel by 1.2% in the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker's stock worth $30,278,720,000 after acquiring an additional 2,528,657 shares in the last quarter. Silicon Valley Capital Partners boosted its holdings in Intel by 66.0% in the second quarter. Silicon Valley Capital Partners now owns 26,172 shares of the chip maker's stock valued at $3,654,000 after purchasing an additional 10,406 shares during the last quarter. Altar Rock LLC purchased a new position in Intel in the second quarter valued at about $233,000. Finally, Wellington Altus USA Inc. grew its stake in Intel by 45.8% during the 2nd quarter. Wellington Altus USA Inc. now owns 6,220 shares of the chip maker's stock valued at $868,000 after purchasing an additional 1,954 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the business's stock in a transaction that occurred on 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 acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.05% of the company's stock.

Intel Stock Up 3.9%

Shares of NASDAQ:INTC opened at $127.39 on Friday. The company's fifty day moving average is $98.51 and its two-hundred day moving average is $94.44. 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 Corporation has a 1-year low of $31.21 and a 1-year high of $142.35. The stock has a market capitalization of $642.56 billion, a price-to-earnings ratio of -60.37, a price-to-earnings-growth ratio of 13.22 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last posted 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 business had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same period in the previous year, the business posted ($0.10) EPS. The company's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities analysts anticipate that Intel Corporation will post 1.04 EPS for the current year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Optimism around Meta Platforms’ Muse AI assistant and the broader growth of “agentic AI” is reinforcing the view that persistent AI agents could create additional orchestration and inference workloads for CPUs. However, no Intel purchase commitment or specific hardware selection has been confirmed. Why are Intel and AMD stocks rising on Thursday?
• Positive Sentiment: Intel highlighted new micro-LED technology involving glass substrates, adding to investor interest in the company’s efforts to improve chip design and expand its technology portfolio. Intel Stock Gains With New Micro-LEDs in Glass Substrates
• Positive Sentiment: Recent commentary that Intel can supply only about half of customer CPU demand suggests strong near-term product demand, although it also raises questions about manufacturing capacity and execution. Possible interest from SK Hynix in Intel’s Ohio site could provide a strategic or financial catalyst, but discussions remain preliminary.
• Neutral Sentiment: Intel’s “neutral” rating was reaffirmed by Bernstein, while TD Cowen maintained a “hold” rating and a $115 price target. Analysts see meaningful AI and foundry potential, but believe much of that upside is already reflected after the stock’s substantial rally. Intel Rated Hold as Share Gains Seen Fully Valuing AI and Foundry Upside
• Negative Sentiment: Intel’s roughly 293% rally over the past year has pushed its sales multiple above the semiconductor-industry average, increasing the risk of profit-taking and making further gains dependent on stronger products revenue and foundry execution. Intel’s 293% Rally Is Putting Its Valuation to the Test
• Negative Sentiment: Rising Treasury yields and renewed concern about interest rates pressured high-growth technology and semiconductor stocks, prompting an early risk-off move across Intel, AMD and Nvidia. Senator Michael Bennet’s criticism of the administration’s lack of AI guardrails also highlights potential policy uncertainty for the sector.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on INTC shares. JPMorgan Chase & Co. upped their target price on Intel from $45.00 to $85.00 and gave the company an "underweight" rating in a research report on Friday, July 24th. Wall Street Zen downgraded shares of Intel from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Robert W. Baird lifted their price target on shares of Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Barclays raised shares of Intel from a "hold" rating to an "overweight" rating in a report on Wednesday, September 16th. Finally, Piper Sandler initiated coverage on shares of Intel in a research note on Wednesday, September 9th. They set a "neutral" rating and a $110.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $108.49.

About Intel

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.

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