Primoris Wealth Advisors LLC Acquires Shares of 29,609 Intel Corporation $INTC

Primoris Wealth Advisors LLC bought a new stake in Intel Corporation (NASDAQ:INTC) in the second quarter, Holdings Channel reports. The institutional investor bought 29,609 shares of the chip maker’s stock, valued at approximately $4,134,000. Intel makes up about 1.9% of Primoris Wealth Advisors LLC’s portfolio, making the stock its 17th biggest holding.

Other hedge funds have also made changes to their positions in the company. Southern Financial Group LLC increased its position in Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after acquiring an additional 90 shares during the period. Harrell Investment Partners LLC raised its stake 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 acquiring an additional 100 shares during the last quarter. Wynn Capital LLC raised its stake 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 acquiring an additional 104 shares during the last quarter. Demars Financial Group LLC lifted its position in Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock worth $339,000 after acquiring an additional 125 shares during the period. Finally, Human Investing LLC lifted its position in Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock worth $641,000 after acquiring an additional 126 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

Shares of INTC stock opened at $102.50 on Monday. 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 $110.26 and a 200-day simple moving average of $83.57. The company has a market cap of $517.01 billion, a price-to-earnings ratio of -48.58 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) 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 related news, CEO Lip Bu Tan bought 105,263 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, 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 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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Melius Research set a $150.00 target price on Intel in a report on Monday, May 18th. Evercore set a $95.00 price target on Intel in a report on Friday, April 24th. Wolfe Research initiated coverage on Intel in a report on Thursday, June 11th. They set a “peer perform” rating for the company. New Street Research boosted their price objective on shares of Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Finally, BTIG Research raised shares of Intel from a “neutral” rating to a “buy” rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $107.85.

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.