Tortuga Wealth Management Inc Buys New Position in Intel Corporation $INTC

Key Points

• Tortuga Wealth Management initiated a position in Intel during the second quarter, purchasing 5,312 shares valued at approximately $742,000. Institutional investors and hedge funds collectively own 64.53% of Intel’s stock.
• Intel’s latest quarterly results exceeded expectations, with earnings of $0.42 per share versus the $0.21 consensus estimate and revenue of $16.13 billion, up 25.2% year over year. Despite the improvement, the company reported a negative net margin of 19.79%.
• CEO Lip-Bu Tan bought 105,263 Intel shares for roughly $10 million, signaling confidence in the turnaround. Analysts remain cautious overall, with a consensus “Hold” rating and an average price target of $107.46.

Tortuga Wealth Management Inc purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,312 shares of the chip maker's stock, valued at approximately $742,000.

Several other institutional investors also recently added to or reduced their stakes in INTC. Financially Speaking Inc boosted its holdings in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after acquiring an additional 279 shares during the period. Financial Life Planners acquired a new position in shares of Intel in the 1st quarter valued at $25,000. Swiss RE Ltd. acquired a new position in shares of Intel in the 4th quarter valued at $29,000. Osbon Capital Management LLC purchased a new stake in Intel in the 4th quarter valued at $30,000. Finally, Beaird Harris Wealth Management LLC raised its position in Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock valued at $32,000 after purchasing an additional 223 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Performance

Shares of INTC stock opened at $96.68 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock has a 50 day simple moving average of $109.90 and a 200-day simple moving average of $84.33. The company has a market cap of $487.65 billion, a price-to-earnings ratio of -45.82 and a beta of 2.22. Intel Corporation has a 12-month low of $22.77 and a 12-month high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the previous year, the business earned ($0.10) earnings per share. The company'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. On average, equities analysts forecast that Intel Corporation will post 1.01 EPS for the current year.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.05% of the company's stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased approximately 105,263 Intel shares for $10 million at $95 each. The purchase signals management confidence in Intel’s turnaround, although it was not enough to offset broader selling pressure. CEO Lip-Bu Tan Just Bought Another 105,000 Shares of Intel Stock
• Positive Sentiment: Recent institutional filings showed substantial accumulation of Intel shares by Invesco, JPMorgan, FMR and Capital International. SoftBank also reported holding about 86.9 million shares, while a separate filing indicated Nvidia held nearly $30 billion of Intel stock. These positions support the long-term turnaround and foundry narrative, but they may reflect holdings as of June 30 rather than current activity. SoftBank Group put 67% of U.S. portfolio into Intel stock
• Neutral Sentiment: Intel announced plans to participate in an upcoming investor conference. The event could provide updates on manufacturing, foundry demand and AI strategy, but the announcement itself contained no new financial guidance. Intel Corporation to Participate in Upcoming Investor Conference
• Negative Sentiment: UBS cut its Intel price target to $112. The revision reinforced valuation concerns after the stock’s sharp yearlong rally, particularly because Intel remains loss-making and its turnaround depends on future foundry and AI execution. Intel Stock Plunges 7% as UBS Cuts Price Target to $112
• Negative Sentiment: Qualcomm’s latest Snapdragon testing highlighted improving performance and power efficiency in an alternative processor platform, raising concerns about Intel’s competitiveness in PCs and other chip markets. Intel Stock Plummets 7% After Snapdragon Testing
• Negative Sentiment: Intel fell alongside AMD and other AI hardware names as rising borrowing costs, inflation and oil prices pressured high-growth technology stocks. Investors also questioned whether the pace of AI infrastructure spending can continue, while a major chip peer’s less-optimistic AI outlook weighed on the entire sector. Why are Intel and AMD stocks tanking up to 7% today?
• Negative Sentiment: Ongoing geopolitical tensions, including the Iran conflict, added to market-wide risk aversion and amplified the selloff in cyclical technology stocks. Why Intel Stock Is Falling Today

Analyst Ratings Changes

INTC has been the topic of several research reports. Roth Capital raised their price objective on shares of Intel from $100.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Cantor Fitzgerald decreased their target price on shares of Intel from $150.00 to $125.00 and set a "neutral" rating for the company in a research note on Friday, July 24th. UBS Group lowered their price target on Intel from $121.00 to $112.00 and set a "neutral" rating on the stock in a report on Wednesday, August 12th. Barclays boosted their price target on Intel from $65.00 to $100.00 and gave the company an "equal weight" rating in a research report on Monday, June 1st. Finally, Melius Research set a $150.00 price objective on Intel in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $107.46.

Intel 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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