Intel Corporation $INTC Shares Purchased by Milestone Asset Management LLC

Milestone Asset Management LLC raised its stake in shares of Intel Corporation (NASDAQ:INTC) by 227.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,604 shares of the chip maker’s stock after purchasing an additional 10,839 shares during the quarter. Milestone Asset Management LLC’s holdings in Intel were worth $1,876,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Primecap Management Co. CA purchased a new position in Intel in the 2nd quarter worth $10,507,291,000. Legal & General Group Plc purchased a new stake in Intel during the 2nd quarter valued at about $4,096,110,000. Assenagon Asset Management S.A. grew its stake in Intel by 87.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock valued at $3,632,722,000 after purchasing an additional 14,063,302 shares during the last quarter. Canada Pension Plan Investment Board purchased a new stake in Intel during the 2nd quarter valued at about $1,848,438,000. Finally, Bank of America Corp DE increased its holdings in shares of Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Insider Buying and Selling at Intel

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the firm’s stock in a transaction on 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 purchase, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Intel Stock Performance

Shares of INTC stock opened at $95.37 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel Corporation has a 12-month low of $32.89 and a 12-month high of $142.35. The business’s 50 day moving average is $103.29 and its two-hundred day moving average is $101.39. The company has a market capitalization of $481.05 billion, a P/E ratio of -45.20, a P/E/G ratio of 10.47 and a beta of 2.22.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm’s revenue was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts expect that Intel Corporation will post 1.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. lifted their target price on Intel from $45.00 to $85.00 and gave the stock an “underweight” rating in a report on Friday, July 24th. Wells Fargo & Company increased their price target on shares of Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Daiwa Securities Group lowered shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. The Goldman Sachs Group restated a “neutral” rating on shares of Intel in a research note on Thursday, July 23rd. Finally, Tigress Financial lifted their price objective on shares of Intel from $118.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $109.06.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s Crescent Island inference GPU has reportedly reached customer testing, supporting the company’s effort to expand beyond CPUs and compete in lower-cost AI inference. Intel’s 350-Watt Inference GPU Reaches Customer Testing
• Positive Sentiment: Recent results showed approximately 25% year-over-year quarterly revenue growth, while strong AI-chip demand forecasts from ASML and analyst support for Intel ahead of its next earnings report provide a potential longer-term tailwind. AI Demand to Exceed Supply
• Neutral Sentiment: A technical trading signal reportedly triggered a rebound during the session, but this reflects short-term trading activity rather than a change in Intel’s fundamentals. Intel Shares Rise After Key Trading Signal
• Negative Sentiment: An explosion and fire at Intel’s Kiryat Gat manufacturing facility in Israel, with serious injuries and reported fatalities, raised concerns about operational disruption, employee safety and potential production impacts. Intel Slides After Plant Blast in Israel
• Negative Sentiment: TSMC’s comments that it could support customers if Intel’s advanced-packaging ramp falls short highlighted execution risk and intensified competitive pressure on Intel’s foundry strategy. TSMC Comments on Intel’s Advanced Packaging Ramp
• Negative Sentiment: The wider chip sector faced selling pressure amid reported progress by Chinese memory maker CXMT, concerns about slowing or difficult-to-finance AI infrastructure spending, higher interest rates and renewed inflation worries. These factors are particularly significant for Intel after its substantial 2026 rally. What Is Driving Attention on Intel Stock

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.