Obermeyer Wealth Partners Acquires New Shares in Intel Corporation $INTC

Key Points

• Obermeyer Wealth Partners acquired a new Intel stake, purchasing 5,224 shares valued at approximately $729,000 during the second quarter. Institutional investors collectively own 64.53% of Intel’s outstanding stock.
• Intel CEO Lip-Bu Tan bought 105,263 shares at $95 apiece, investing nearly $10 million and increasing his direct ownership by 8.7%.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $107.85, despite Intel reporting quarterly revenue of $16.13 billion and adjusted EPS of $0.42, both above expectations.

Obermeyer Wealth Partners bought a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,224 shares of the chip maker's stock, valued at approximately $729,000.

Other institutional investors have also recently made changes to their positions in the company. Southern Financial Group LLC grew its position in shares of Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after purchasing an additional 90 shares in the last quarter. Harrell Investment Partners LLC grew its holdings in Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock valued at $3,250,000 after buying an additional 100 shares in the last quarter. Wynn Capital LLC increased its position in shares of Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after buying an additional 104 shares during the period. Demars Financial Group LLC increased its position in shares of Intel by 1.7% during the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker's stock valued at $339,000 after buying an additional 125 shares during the period. Finally, Human Investing LLC lifted its holdings in shares of Intel by 0.9% in the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker's stock worth $641,000 after buying an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The shares were acquired 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 directly 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 purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on INTC. Truist Financial raised their price objective on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research report on Friday, July 24th. New Street Research upped their target price on shares of Intel from $100.00 to $122.00 in a report on Friday, June 26th. Northland Securities cut shares of Intel from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 26th. Evercore set a $95.00 price target on shares of Intel in a report on Friday, April 24th. Finally, Susquehanna raised their price target on shares of Intel from $80.00 to $115.00 and gave the company a "neutral" rating in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $107.85.

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 Stock Performance

NASDAQ INTC opened at $102.50 on Monday. Intel Corporation has a 52-week low of $22.77 and a 52-week high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The company has a market capitalization of $517.01 billion, a P/E ratio of -48.58 and a beta of 2.22. The company has a fifty day moving average of $110.26 and a 200-day moving average of $83.57.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company's revenue for the quarter was up 25.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts predict that Intel Corporation will post 1.01 EPS for the current fiscal year.

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.

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