Sax Wealth Advisors LLC Purchases 6,198 Shares of Intel Corporation $INTC

Key Points

• Sax Wealth Advisors increased its Intel stake by 41% in the second quarter, purchasing 6,198 additional shares and bringing its holdings to 21,328 shares valued at approximately $2.98 million.
• Intel reported quarterly revenue of $16.13 billion and adjusted EPS of $0.42, exceeding analyst estimates; revenue rose 25.2% year over year, although the company posted a negative net margin.
• Wall Street’s overall view remains cautious, with Intel carrying an average “Hold” rating and a consensus price target of $107.93. Institutional investors own 64.53% of the company.

Sax Wealth Advisors LLC boosted its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 41.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 21,328 shares of the chip maker's stock after buying an additional 6,198 shares during the period. Sax Wealth Advisors LLC's holdings in Intel were worth $2,978,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of INTC. Southern Financial Group LLC boosted its stake 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 worth $632,000 after acquiring an additional 90 shares during the period. Wynn Capital LLC grew its holdings in Intel by 0.4% during the 2nd 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 in the last quarter. Demars Financial Group LLC grew its holdings in Intel by 1.7% during the 1st 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 in the last quarter. Human Investing LLC raised its position in shares of Intel by 0.9% during the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker's stock valued at $641,000 after buying an additional 126 shares during the last quarter. Finally, Raleigh Capital Management Inc. raised its position in shares of Intel by 15.9% during the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker's stock valued at $41,000 after buying an additional 127 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Price Performance

NASDAQ:INTC opened at $101.65 on Monday. The firm has a market capitalization of $512.72 billion, a price-to-earnings ratio of -48.18 and a beta of 2.22. Intel Corporation has a 1 year low of $19.61 and a 1 year high of $142.35. The business has a 50 day simple moving average of $111.01 and a 200-day simple moving average of $81.75. 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 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. 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities analysts forecast that Intel Corporation will post 1.01 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on INTC. Zacks Research lowered shares of Intel from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. Morgan Stanley boosted their price target on shares of Intel from $75.00 to $84.00 and gave the stock an "equal weight" rating in a research note on Friday, July 24th. BTIG Research upgraded Intel from a "neutral" rating to a "buy" rating in a research report on Thursday, June 11th. Citigroup upgraded Intel from a "positive" rating to a "buy" rating in a research report on Thursday, July 23rd. Finally, Robert W. Baird raised their price target on Intel from $75.00 to $125.00 and gave the company a "neutral" rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Intel presently has an average rating of "Hold" and an average target price of $107.93.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Progress toward HDMI 2.1 support is boosting optimism about Intel’s consumer-PC and graphics capabilities, potentially improving the appeal of its platforms in home-entertainment and gaming devices. Intel Stock Gains With Progress on HDMI 2.1
• Positive Sentiment: Intel appointed new leadership focused on customer engagement and growth. The move is intended to strengthen relationships with customers and support execution of the company’s turnaround strategy. Intel Announces Leadership Appointment
• Positive Sentiment: Recent coverage continues to highlight Intel’s strongest revenue growth in more than 15 years, narrowing Foundry losses, improving 18A manufacturing yields and demand-linked capital spending. Second-quarter revenue was about $16.1 billion, up roughly 25% year over year, with adjusted EPS of $0.42. Intel’s Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s earnings benefited substantially from gains on its Intel investment, providing a favorable external signal for INTC and reinforcing investor interest in Intel’s AI and semiconductor exposure. SoftBank Earnings Benefit From Intel Investment
• Neutral Sentiment: Intel is reportedly involved in a planned Texas chip-factory project with SpaceX and Tesla. If completed, the project could support domestic manufacturing and AI infrastructure, but its long-term financial impact is not yet clear. SpaceX and Tesla Chip Factory
• Negative Sentiment: Daiwa Securities Group downgraded Intel to Hold, signaling that valuation and execution risks may limit further gains after the stock’s substantial rebound. Intel Cut to Hold at Daiwa Securities
• Negative Sentiment: Reports of a new CPU-level security attack created concern about potential vulnerabilities in Intel processors and could increase reputational, remediation and customer-support costs. Intel Stock Slips on CPU-Level Attack Reports
• Negative Sentiment: Analysts continue to question whether Intel can compete with TSMC in leading-edge manufacturing. TSMC’s larger revenue base and stronger execution highlight the substantial challenge facing Intel Foundry.

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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