NewSquare Capital LLC Invests $720,000 in Intel Corporation $INTC

Key Points

• NewSquare Capital bought 5,158 Intel shares worth approximately $720,000 in the second quarter. Institutional investors and hedge funds collectively own 64.53% of Intel’s stock.
• Analyst sentiment remains mixed, with a consensus rating of Hold and an average price target of $107.85. Recent firms issued ratings ranging from Strong Buy to Sell, while Stifel lowered its target to $110.
• Intel reported second-quarter revenue of $16.13 billion and EPS of $0.42, surpassing expectations, while revenue rose 25.2% year over year. CEO Lip-Bu Tan also purchased approximately $10 million of Intel shares at $95 each.

NewSquare Capital LLC purchased a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,158 shares of the chip maker's stock, valued at approximately $720,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in INTC. Sterling Investment Advisors Ltd. boosted its stake in Intel by 3.9% during the second quarter. Sterling Investment Advisors Ltd. now owns 13,451 shares of the chip maker's stock worth $1,878,000 after buying an additional 500 shares during the last quarter. Canal Capital Management LLC purchased a new stake in Intel in the 2nd quarter valued at $378,000. Erste Asset Management GmbH increased its stake in shares of Intel by 16.8% in the 2nd quarter. Erste Asset Management GmbH now owns 965,254 shares of the chip maker's stock worth $134,778,000 after acquiring an additional 139,154 shares during the last quarter. Bay Harbor Wealth Management LLC increased its stake in shares of Intel by 138.5% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 1,035 shares of the chip maker's stock worth $145,000 after acquiring an additional 601 shares during the last quarter. Finally, DDFG Inc purchased a new position in shares of Intel during the 2nd quarter worth $621,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on INTC. KGI Securities cut shares of Intel from an "outperform" rating to a "neutral" rating and set a $71.00 price target on the stock. in a research report on Monday, April 20th. Oppenheimer assumed coverage on shares of Intel in a research note on Thursday, June 11th. They set an "outperform" rating on the stock. Freedom Capital upgraded shares of Intel from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 28th. DZ Bank raised shares of Intel from a "sell" rating to a "neutral" rating in a research note on Friday, April 24th. Finally, Stifel Nicolaus cut their price target 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. One 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $107.85.

Intel Stock Down 2.0%

Shares of NASDAQ:INTC opened at $102.50 on Friday. The business has a 50-day moving average price of $110.26 and a 200 day moving average price of $83.29. 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 company has a market capitalization of $517.01 billion, a price-to-earnings ratio of -48.58 and a beta of 2.22. Intel Corporation has a 12-month low of $22.77 and a 12-month high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating 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 company had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same quarter in the prior year, the company posted ($0.10) earnings per share. Intel'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. Sell-side analysts expect that Intel Corporation will post 1.01 EPS for the current year.

Insider Activity

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares of the company's stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.05% of the company's stock.

Key Stories Impacting Intel

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

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.

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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