MJP Associates Inc. ADV Takes $1.72 Million Position in Intel Corporation $INTC

Key Points

• MJP Associates initiated a $1.72 million Intel position by purchasing 12,299 shares in the second quarter. Other institutional investors also increased their holdings, with institutions collectively owning 64.53% of Intel’s stock.
• Intel beat quarterly expectations, reporting $0.42 in adjusted EPS versus a $0.21 consensus and $16.13 billion in revenue, up 25.2% year over year. Despite the results, analysts maintain a consensus “Hold” rating with an average price target of $107.46.
• CEO Lip-Bu Tan bought nearly $10 million of Intel shares at $95 each, signaling confidence in the turnaround. However, ongoing foundry losses, elevated valuation and competition from AMD remain significant execution risks.

MJP Associates Inc. ADV purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,299 shares of the chip maker's stock, valued at approximately $1,717,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC boosted its position in Intel by 271.7% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock worth $766,000 after purchasing an additional 25,001 shares during the last quarter. United Bank bought a new stake in shares of Intel in the second quarter valued at approximately $205,000. Gamco Investors INC. ET AL lifted its position in shares of Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock worth $308,000 after acquiring an additional 1,508 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock worth $3,545,000 after purchasing an additional 36,116 shares during the period. Finally, Sei Investments Co. increased its holdings in Intel by 9.9% during the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock worth $18,556,000 after acquiring an additional 74,838 shares during the period. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Price Performance

Shares of NASDAQ INTC opened at $89.47 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel Corporation has a 12-month low of $23.68 and a 12-month high of $142.35. The stock has a market capitalization of $451.29 billion, a price-to-earnings ratio of -42.40, a P/E/G ratio of 9.89 and a beta of 2.22. The firm's 50-day moving average price is $104.64 and its 200-day moving average price is $86.65.

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, topping analysts' consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business's revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the prior year, the business posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities research analysts anticipate that Intel Corporation will post 1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on INTC shares. Bank of America dropped their target price on shares of Intel from $160.00 to $145.00 and set a "buy" rating for the company in a research report on Wednesday, August 12th. Royal Bank Of Canada restated a "sector perform" rating on shares of Intel in a report on Tuesday, July 21st. Stifel Nicolaus decreased their price objective on shares of Intel from $120.00 to $110.00 and set a "hold" rating for the company in a report on Friday, July 24th. Cantor Fitzgerald lowered their price target on shares of Intel from $150.00 to $125.00 and set a "neutral" rating for the company in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Intel from $45.00 to $85.00 and gave the stock an "underweight" rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Intel currently has an average rating of "Hold" and a consensus target price of $107.46.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
• Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
• Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
• Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
• Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
• Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, with a total value 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 $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.05% of the stock is owned by company insiders.

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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