Plato Investment Management Ltd Buys 26,610 Shares of Intel Corporation $INTC

Plato Investment Management Ltd lifted its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 29.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 117,493 shares of the chip maker's stock after acquiring an additional 26,610 shares during the period. Intel makes up 0.9% of Plato Investment Management Ltd's investment portfolio, making the stock its 16th biggest position. Plato Investment Management Ltd's holdings in Intel were worth $16,310,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bell Investment Advisors Inc increased its position in shares of Intel by 4.3% during the 2nd quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker's stock valued at $404,000 after purchasing an additional 119 shares during the last quarter. Hexagon Capital Partners LLC lifted its position in Intel by 6.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 8,487 shares of the chip maker's stock worth $1,185,000 after buying an additional 483 shares during the last quarter. Idaho Trust Co bought a new position in Intel during the second quarter valued at approximately $458,000. Simplicity Wealth LLC grew its position in Intel by 34.3% during the second quarter. Simplicity Wealth LLC now owns 25,989 shares of the chip maker's stock valued at $3,629,000 after acquiring an additional 6,632 shares during the last quarter. Finally, First National Bank & Trust Co. of Newtown raised its stake in shares of Intel by 4.0% during the second quarter. First National Bank & Trust Co. of Newtown now owns 17,598 shares of the chip maker's stock worth $2,457,000 after acquiring an additional 680 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Up 4.4%

Shares of NASDAQ:INTC opened at $92.09 on Friday. The stock's 50-day moving average is $105.53 and its 200 day moving average is $86.37. Intel Corporation has a 1 year low of $23.68 and a 1 year high of $142.35. The company has a market cap of $464.50 billion, a PE ratio of -43.64 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

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 for the quarter, beating the consensus estimate 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 business had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same quarter in the previous year, the business posted ($0.10) earnings per share. The firm'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 anticipate that Intel Corporation will post 1 EPS for the current year.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Strong Nvidia results lifted the sector. Nvidia’s blowout quarter and projection for roughly 70% revenue growth in fiscal 2028 reinforced that AI demand remains far above available supply. Investors bid up related semiconductor names, including Intel, as CPUs and other infrastructure components are expected to benefit from expanded AI deployments. Why Is Intel Stock Surging on Thursday?
• Positive Sentiment: Potential U.S. chip tariffs increased Intel’s strategic appeal. Reports of broad tariffs on imported chips encouraged speculation that Intel, as a U.S.-based manufacturer and foundry candidate, could receive additional policy support or gain a competitive advantage. Why Is Intel Stock Surging on Thursday?
• Positive Sentiment: An Advantech connection highlighted Intel’s AI infrastructure ambitions. The relationship points to potential progress placing Intel chips and platforms into AI infrastructure and edge-computing applications, though financial details were not provided. Intel Stock Gains with New Advantech Connection
• Positive Sentiment: Congressional buying added bullish publicity. Nancy Pelosi reportedly purchased Intel shares and call options, potentially attracting momentum-oriented investors, although the transaction does not change Intel’s fundamentals. Nancy Pelosi Buys Intel
• Neutral Sentiment: Intel’s first-half operating cash flow rose sharply to $8.1 billion, but heavy capital spending continues to pressure free cash flow. Intel Sees Strong Cash Flow Growth
• Negative Sentiment: Analyst warnings about intense competition and uncertainty surrounding Intel’s turnaround remain a risk. The company’s previously reported roughly $20 billion equity offering also creates dilution concerns and helps explain the stock’s wide valuation swings. Simon Leopold Offers Warning

Insiders Place Their Bets

In other news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction that occurred 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 purchase, the chief executive officer directly 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 document filed with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of recent research reports. Northland Securities lowered shares of Intel from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 26th. Mizuho lowered their price target on shares of Intel from $135.00 to $109.00 and set a "neutral" rating for the company in a research note on Friday, July 24th. Oppenheimer started coverage on shares of Intel in a research report on Thursday, June 11th. They set an "outperform" rating for the company. Melius Research set a $150.00 price objective on Intel in a report on Monday, May 18th. Finally, Truist Financial increased their target price on Intel from $81.00 to $108.00 and gave the company a "hold" rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $107.46.

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source