Summitry LLC Acquires Shares of 6,971 Intel Corporation $INTC

Summitry LLC purchased a new position in shares of Intel Corporation (NASDAQ:INTC) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,971 shares of the chip maker’s stock, valued at approximately $308,000.

Other large investors have also modified their holdings of the company. Demars Financial Group LLC boosted its stake in Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after purchasing an additional 125 shares during the period. Human Investing LLC increased its stake in shares of Intel by 0.9% in the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock valued at $641,000 after purchasing an additional 126 shares during the period. Raleigh Capital Management Inc. increased its stake in shares of Intel by 15.9% in the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after purchasing an additional 127 shares during the period. Angeles Wealth Management LLC raised its holdings in shares of Intel by 0.7% during the first quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock valued at $843,000 after buying an additional 134 shares during the last quarter. Finally, Signature Resources Capital Management LLC raised its holdings in shares of Intel by 21.5% during the first quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock valued at $37,000 after buying an additional 147 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

NASDAQ:INTC opened at $90.20 on Friday. The company has a 50-day moving average of $113.14 and a 200-day moving average of $79.70. The firm has a market cap of $454.97 billion, a price-to-earnings ratio of -42.75 and a beta of 2.18. 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 twelve month low of $18.97 and a twelve month high of $142.35.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

INTC has been the subject of a number of recent analyst reports. Evercore set a $95.00 price objective on Intel in a report on Friday, April 24th. Stifel Nicolaus cut their target price on Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Moffett Nathanson lowered Intel to a “neutral” rating in a research report on Thursday, June 11th. HC Wainwright set a $150.00 price target on Intel in a research note on Monday, June 29th. Finally, Rosenblatt Securities raised 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. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $107.93.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Potential Apple supply opportunity: Melius suggested Apple could use Intel alongside its primary processor supplier to reduce manufacturing risk. A win with Apple would strengthen Intel’s foundry ambitions and provide a high-profile customer opportunity. Intel Stock Rises as Analyst Sees Apple Supply Opportunity
• Positive Sentiment: AI spending and sector inflows are lifting sentiment: Strong Microsoft and Amazon results renewed confidence in cloud and AI infrastructure spending, helping semiconductor stocks recover. Semiconductor ETFs also attracted substantial new cash this week, creating broader buying support for chip names including Intel. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Positive Sentiment: Bullish commentary and earnings momentum: Jim Cramer argued that Intel belongs near $110 and said forced selling by the Situational Awareness hedge fund exaggerated the post-earnings decline. Intel’s latest quarterly results also exceeded consensus estimates, with revenue rising more than 25% year over year, while investors continue to focus on its restructuring and improving data-center business. Jim Cramer Says INTC Stock Belongs at $110
• Neutral Sentiment: Technical recovery remains uncertain: Intel has stabilized after a sharp earnings-related selloff, but technical resistance is identified around $98–$102. The stock’s elevated volatility means the rebound could remain susceptible to further reversals. Intel Stock Reclaims Momentum Near Key Resistance
• Negative Sentiment: TSMC is challenging Intel’s packaging advantage: Taiwan Semiconductor is reportedly developing technology similar to Intel’s EMIB advanced packaging, potentially weakening a key differentiator as Nvidia evaluates packaging options. This raises competitive concerns for Intel’s foundry and AI strategy. TSMC Developing Advanced Chip Packaging Technology
• Negative Sentiment: Expectations and valuation risk remain high: After the rebound, investors are demanding evidence that Intel can sustain AI-related growth and execute its costly turnaround. Analysts remain divided, and the company’s negative net margin and ongoing restructuring add to concerns about near-term profitability.

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.