Jennison Associates LLC acquired a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 772,639 shares of the chip maker's stock, valued at approximately $107,884,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC increased its position 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 acquiring an additional 223 shares during the last quarter. Carolina Wealth Advisors LLC lifted its holdings in shares of Intel by 167.0% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker's stock worth $37,000 after acquiring an additional 167 shares during the last quarter. Ramsey Quantitative Systems acquired a new position in shares of Intel in the 2nd quarter worth approximately $50,000. Allied Private Wealth LLC purchased a new position in shares of Intel during the 2nd quarter worth approximately $68,000. Finally, Financial Life Planners purchased a new position in shares of Intel during the 1st quarter worth approximately $25,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Intel
In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.05% of the stock is owned by corporate insiders.
Key Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel is embarking on a roughly $15 billion stock offering aimed at expanding its ability to capitalize on demand for AI infrastructure. While the financing could support growth in processors, data centers and foundry operations, investors will also assess the potential dilution. Intel embarks on $15 billion stock offering to capitalize on AI demand
- Positive Sentiment: Tiger Global increased its Intel position during the second quarter, providing an additional institutional vote of confidence in the company’s AI, data-center and foundry prospects. Tiger Global Added to Its Position in Intel in Q2
- Positive Sentiment: CEO Lip-Bu Tan reportedly purchased another 105,000-plus Intel shares, following his roughly $10 million open-market investment earlier in August. The buying signals management confidence after second-quarter revenue grew 25% year over year. CEO Lip-Bu Tan Just Bought Another 105,000 Shares of Intel Stock
- Positive Sentiment: Demand for server CPUs is reportedly strengthening as agentic AI workloads expand, potentially creating a new growth opportunity for Intel while its turnaround progresses. Intel is also seeking to challenge TSMC in advanced AI chip packaging. The AI Boom Has a New Chip Shortage. Intel Is Ready
- Neutral Sentiment: Intel’s client-computing business is gaining momentum from AI PCs, edge AI, robotics and physical AI, but investors are looking for evidence that these opportunities can produce sustained growth beyond traditional PC demand. INTC's Client Computing Business Gains Momentum
- Negative Sentiment: Stanley Druckenmiller’s Duquesne Family Office exited its entire Intel position—about 411,400 shares—during the second quarter and redirected capital toward other AI infrastructure stocks. The sale adds pressure to sentiment despite Intel’s recent operating improvement. Druckenmiller Dumped Micron, Intel, and Broadcom
- Negative Sentiment: Intel is being pressured by a broader semiconductor selloff and concerns that Google’s reported $12.2 billion custom-chip deal with Marvell could intensify competition for AI hardware spending. Broadcom Holds Steady as ARK Buys the Dip, Intel Slips
- Negative Sentiment: The planned equity issuance raises dilution concerns, particularly after Intel’s recent secondary financing. Investors may be questioning whether the substantial capital requirements of Intel’s foundry and AI strategies will translate into profitable returns quickly.
Intel Stock Performance
NASDAQ:INTC opened at $92.13 on Friday. Intel Corporation has a 52 week low of $22.77 and a 52 week high of $142.35. The company has a fifty day simple moving average of $109.12 and a two-hundred day simple moving average of $84.96. 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 company has a market cap of $464.70 billion, a price-to-earnings ratio of -43.66 and a beta of 2.22.
Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating 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 business had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same period last year, the firm earned ($0.10) earnings per share. The company's revenue for the quarter 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 analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have issued reports on INTC. UBS Group cut their target price on Intel from $121.00 to $112.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 12th. Piper Sandler started coverage on Intel in a research report on Thursday, June 11th. They set a "neutral" rating for the company. HSBC reaffirmed a "buy" rating on shares of Intel in a research note on Friday, July 24th. DZ Bank raised Intel from a "sell" rating to a "neutral" rating in a research note on Friday, April 24th. Finally, Benchmark raised their target price on Intel from $105.00 to $140.00 and gave the company a "buy" rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Intel currently has a consensus rating of "Hold" and a consensus price target of $107.46.
Check Out Our Latest Stock Report on INTC
Intel Company Profile
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Free Report)
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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