Ibex Wealth Advisors Acquires New Shares in Intel Corporation $INTC

Ibex Wealth Advisors bought a new stake in Intel Corporation (NASDAQ:INTC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 91,282 shares of the chip maker’s stock, valued at approximately $12,746,000.

Other hedge funds also recently bought and sold shares of the company. iA Global Asset Management Inc. boosted its holdings in Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after purchasing an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC bought a new position in Intel during the fourth quarter valued at about $205,000. Heritage Investment Group Inc. bought a new position in Intel during the fourth quarter valued at about $219,000. Dixon Mitchell Investment Counsel Inc. bought a new position in Intel during the fourth quarter valued at about $185,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after buying an additional 13,858 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel News Summary

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on INTC. Wells Fargo & Company upped their price target on Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Jefferies Financial Group initiated coverage on Intel in a research note on Thursday, June 11th. They issued a “buy” rating on the stock. KeyCorp set a $125.00 target price on Intel in a report on Friday, July 24th. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Finally, Rosenblatt Securities increased their price target on Intel from $65.00 to $80.00 and gave the company a “sell” 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 assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $107.85.

Intel Trading Down 2.0%

Shares of NASDAQ:INTC opened at $102.50 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The stock’s 50-day moving average is $110.26 and its 200-day moving average is $83.29. The company has a market cap of $517.01 billion, a P/E ratio of -48.58 and a beta of 2.22. Intel Corporation has a 52-week low of $22.77 and a 52-week high of $142.35.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter in the previous year, the firm earned ($0.10) EPS. The firm’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts predict that Intel Corporation will post 1.01 earnings per share for the current year.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.05% of the stock is currently owned by corporate insiders.

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.