Notis McConarty Edward Acquires New Stake in Intel Corporation $INTC

Notis McConarty Edward bought a new position in Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,800 shares of the chip maker's stock, valued at approximately $1,089,000.

Other institutional investors have also recently made changes to their positions in the company. State Street Corp increased its holdings in Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares during the last quarter. Capital World Investors raised its position in shares of Intel by 20.3% in the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares during the period. Geode Capital Management LLC lifted its stake in shares of Intel by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock valued at $3,744,406,000 after buying an additional 3,124,798 shares in the last quarter. Morgan Stanley lifted its stake in shares of Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock valued at $2,407,698,000 after buying an additional 11,056,090 shares in the last quarter. Finally, Norges Bank bought a new position in Intel in the 4th quarter worth approximately $2,233,159,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel News Summary

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on INTC. UBS Group dropped 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. JPMorgan Chase & Co. boosted their price objective on Intel from $45.00 to $85.00 and gave the company an "underweight" rating in a research note on Friday, July 24th. Arete Research boosted their price objective on Intel from $20.40 to $99.00 and gave the company a "neutral" rating in a research note on Wednesday, June 10th. Bank of America dropped their price objective on Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a report on Wednesday, August 12th. Finally, Wedbush raised their target price on Intel from $60.00 to $98.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $107.46.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm's stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.05% of the company's stock.

Intel Trading Down 2.8%

Intel stock opened at $89.47 on Friday. 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 fifty-two week low of $23.68 and a fifty-two week high of $142.35. The stock has a market cap of $451.29 billion, a P/E ratio of -42.40 and a beta of 2.22. The firm's fifty day moving average price is $104.64 and its 200-day moving average price is $86.39.

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, topping 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 during the quarter, compared to analysts' expectations of $14.43 billion. During the same period in the previous year, the business earned ($0.10) earnings per share. The firm's 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 research analysts forecast that Intel Corporation will post 1 earnings per share for the current fiscal year.

About Intel

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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