Keystone Financial Group Acquires 8,612 Shares of Intel Corporation $INTC

Key Points

• Keystone Financial Group increased its Intel stake by 67.1% in the second quarter, purchasing 8,612 shares and bringing its holdings to 21,452 shares worth approximately $3 million. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel reported strong second-quarter results, with revenue up 25.2% year over year to $16.13 billion and EPS of $0.42, exceeding expectations. CEO Lip-Bu Tan also bought approximately $10 million of Intel shares, signaling confidence in the company’s recovery strategy.
• Despite improving sentiment and some bullish analyst actions, Intel’s average rating remains “Hold” with a $107.85 price target. Investors remain concerned about dilution from the planned $20 billion stock offering and whether the capital can produce profitable foundry growth.

Keystone Financial Group boosted its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 67.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,452 shares of the chip maker's stock after buying an additional 8,612 shares during the quarter. Keystone Financial Group's holdings in Intel were worth $2,995,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in INTC. Beaird Harris Wealth Management LLC lifted its stake in shares of Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock worth $32,000 after buying an additional 223 shares during the last quarter. Carolina Wealth Advisors LLC increased its stake in Intel by 167.0% during the second quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker's stock valued at $37,000 after acquiring an additional 167 shares during the period. Ramsey Quantitative Systems acquired a new position in Intel in the 2nd quarter valued at approximately $50,000. Allied Private Wealth LLC bought a new stake in shares of Intel in the 2nd quarter worth approximately $68,000. Finally, Financial Life Planners bought a new stake in shares of Intel in the 1st quarter worth approximately $25,000. Institutional investors and hedge funds own 64.53% of the company's stock.

More Intel News

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

Analysts Set New Price Targets

A number of research firms have recently issued reports on INTC. Raymond James Financial upgraded Intel from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, April 21st. Benchmark raised their price objective on shares of Intel from $105.00 to $140.00 and gave the stock a "buy" rating in a report on Monday, May 18th. Wall Street Zen lowered shares of Intel from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Piper Sandler began coverage on shares of Intel in a research note on Thursday, June 11th. They issued a "neutral" rating on the stock. Finally, Daiwa Securities Group lowered shares of Intel from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $107.85.

Intel Price Performance

Shares of NASDAQ INTC opened at $102.50 on Monday. Intel Corporation has a 1 year low of $22.77 and a 1 year high of $142.35. The firm's 50-day moving average is $110.26 and its 200-day moving average is $83.57. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $517.01 billion, a PE ratio of -48.58 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last released its 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 negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the previous year, the business earned ($0.10) EPS. The business'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. Equities analysts expect that Intel Corporation will post 1.01 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Lip Bu Tan bought 105,263 shares of the business's stock in a transaction on 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 completion of 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.05% of the company's stock.

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.

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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