Perigon Wealth Management LLC Decreases Stock Holdings in Intel Corporation $INTC

Perigon Wealth Management LLC lowered its position in Intel Corporation (NASDAQ:INTC) by 15.3% during the second quarter, Holdings Channel reports. The institutional investor owned 57,407 shares of the chip maker’s stock after selling 10,391 shares during the quarter. Perigon Wealth Management LLC’s holdings in Intel were worth $8,016,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Financially Speaking Inc increased its position in shares of Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after purchasing an additional 279 shares in the last quarter. Financial Life Planners purchased a new stake in shares of Intel during the 1st quarter valued at $25,000. Swiss RE Ltd. acquired a new stake in shares of Intel in the 4th quarter worth $29,000. Glynn Capital Management LLC purchased a new position in Intel during the 2nd quarter worth $29,000. Finally, Osbon Capital Management LLC purchased a new position in Intel during the 4th quarter worth $30,000. Institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

INTC has been the subject of a number of research analyst reports. DA Davidson increased their price target on Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. TD Cowen upped their price objective on shares of Intel from $75.00 to $115.00 and gave the company a “hold” rating in a report on Monday, July 13th. Piper Sandler began coverage on shares of Intel in a research note on Thursday, June 11th. They issued a “neutral” rating for the company. Moffett Nathanson downgraded shares of Intel to a “neutral” rating in a research report on Thursday, June 11th. Finally, Truist Financial upped their price target on shares of Intel from $81.00 to $108.00 and gave the company a “hold” rating in a research note on Friday, July 24th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $107.46.

Key Headlines Impacting 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

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the acquisition, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Intel Trading Up 4.4%

Shares of NASDAQ:INTC opened at $92.09 on Friday. Intel Corporation has a 52-week low of $23.68 and a 52-week high of $142.35. The stock has a market cap of $464.50 billion, a price-to-earnings ratio of -43.64 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The business has a 50-day moving average price of $105.53 and a 200-day moving average price of $86.37.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS 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 analyst estimates of $14.43 billion. During the same quarter in the prior year, the firm earned ($0.10) earnings per share. Intel’s revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities analysts predict that Intel Corporation will post 1 EPS for the current year.

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.