7,411 Shares in Intel Corporation $INTC Purchased by Vega Investment Solutions

Vega Investment Solutions purchased a new position in shares of Intel Corporation (NASDAQ:INTC) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,411 shares of the chip maker’s stock, valued at approximately $1,035,000.

Other institutional investors also recently added to or reduced their stakes in the company. iA Global Asset Management Inc. lifted its holdings in shares of Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares during the period. Whalerock Point Partners LLC bought a new stake in shares of Intel in the 4th quarter worth about $205,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Intel in the 4th quarter worth about $185,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc increased its position in shares of Intel by 1.3% during the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock worth $1,255,076,000 after purchasing an additional 423,481 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan reportedly purchased approximately $10 million of company stock, a transaction investors may view as a sign of management confidence in the foundry recovery and long-term strategy. CEO Lip-Bu Tan Just Gave 12 Million Reasons to Buy Intel Stock
• Positive Sentiment: Commentary continues to highlight potential foundry contracts, advanced packaging and high-bandwidth-memory opportunities. A possible relationship with SK Hynix had fueled optimism that Intel could attract a major external customer, although the report was subsequently denied by SK Hynix. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: A partnership expansion with Kasm Technologies supports private, on-premises AI inference using Intel Xeon 6 processors, reinforcing Intel’s opportunity in regulated markets where customers want data to remain within corporate networks. Intel’s Privacy-Focused AI and Foundry Momentum

Analyst Upgrades and Downgrades

A number of research firms have commented on INTC. Mizuho reduced their price target on shares of Intel from $135.00 to $109.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. BTIG Research raised shares of Intel from a “neutral” rating to a “buy” rating in a research note on Thursday, June 11th. Bank of America dropped their price objective on shares of Intel from $160.00 to $145.00 and set a “buy” rating for the company in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $100.00 target price on shares of Intel in a research note on Tuesday, May 12th. Finally, Moffett Nathanson downgraded Intel to a “neutral” rating in a report on Thursday, June 11th. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $107.46.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired 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 directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Intel Stock Down 0.6%

Shares of NASDAQ:INTC opened at $88.97 on Wednesday. Intel Corporation has a 12 month low of $23.68 and a 12 month high of $142.35. The company’s 50-day moving average price is $102.74 and its two-hundred day moving average price is $87.23. 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 firm has a market cap of $448.76 billion, a P/E ratio of -42.17, a P/E/G ratio of 9.88 and a beta of 2.22.

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, beating the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter last year, the company posted ($0.10) EPS. The company’s quarterly 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. As a group, research analysts forecast that Intel Corporation will post 1.01 EPS for the current fiscal year.

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.