Pacific Wealth Management Acquires Shares of 40,524 Intel Corporation $INTC

Key Points

• Pacific Wealth Management acquired 40,524 Intel shares worth approximately $5.66 million, making Intel its sixth-largest holding and representing about 2.5% of its portfolio.
• Institutional ownership stands at 64.53%, with several other funds adding to their positions during the second quarter.
• Intel exceeded quarterly earnings and revenue expectations, while CEO Lip-Bu Tan purchased nearly $10 million in company stock. Despite improving sentiment, analysts maintain a consensus “Hold” rating with an average price target of $107.46.

Pacific Wealth Management acquired a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 40,524 shares of the chip maker's stock, valued at approximately $5,658,000. Intel accounts for about 2.5% of Pacific Wealth Management's investment portfolio, making the stock its 6th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Glynn Capital Management LLC bought a new stake in shares of Intel in the 2nd quarter valued at about $29,000. Beaird Harris Wealth Management LLC boosted its stake in Intel by 3,185.7% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock worth $32,000 after acquiring an additional 223 shares during the last quarter. Carolina Wealth Advisors LLC grew its holdings 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 purchasing an additional 167 shares during the period. Ramsey Quantitative Systems acquired a new position in Intel during the second quarter valued at approximately $50,000. Finally, Allied Private Wealth LLC bought a new stake in Intel in the second quarter valued at approximately $68,000. Institutional investors own 64.53% of the company's stock.

Intel Price Performance

Shares of NASDAQ INTC opened at $89.47 on Friday. The firm has a market cap of $451.29 billion, a PE ratio of -42.40 and a beta of 2.22. 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 1-year low of $23.68 and a 1-year high of $142.35. The company has a fifty day moving average price of $104.64 and a 200 day moving average price of $86.39.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the business posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts predict that Intel Corporation will post 1 earnings per share for the current fiscal year.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on INTC. Oppenheimer started coverage on shares of Intel in a research report on Thursday, June 11th. They set an "outperform" rating on the stock. Susquehanna upped their price objective on shares of Intel from $80.00 to $115.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Wolfe Research began coverage on Intel in a research note on Thursday, June 11th. They set a "peer perform" rating on the stock. Arete Research increased their price target on Intel from $20.40 to $99.00 and gave the stock a "neutral" rating in a report on Wednesday, June 10th. Finally, Citigroup raised Intel from a "positive" rating to a "buy" rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $107.46.

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

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.

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