Sanctuary Advisors LLC Buys Shares of 366,969 Intel Corporation $INTC

Sanctuary Advisors LLC acquired a new stake in Intel Corporation (NASDAQ:INTC) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 366,969 shares of the chip maker’s stock, valued at approximately $51,240,000.

A number of other institutional investors have also made changes to their positions in INTC. Knuff & Co LLC acquired a new position in shares of Intel during the 2nd quarter worth about $29,000. Glynn Capital Management LLC acquired a new stake in shares of Intel in the second quarter valued at about $29,000. Beaird Harris Wealth Management LLC increased its position in shares of Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after acquiring an additional 223 shares during the last quarter. Carolina Wealth Advisors LLC raised its holdings in Intel by 167.0% during the second quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker’s stock worth $37,000 after acquiring an additional 167 shares in the last quarter. Finally, Burk Holdings LLC bought a new stake in Intel during the second quarter worth about $40,000. Institutional investors own 64.53% of the company’s stock.

Insider Activity at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.05% of the company’s stock.

Intel Trading Down 0.6%

Shares of INTC stock opened at $88.97 on Wednesday. The stock has a market cap of $448.76 billion, a P/E ratio of -42.17, a price-to-earnings-growth ratio of 9.88 and a beta of 2.22. Intel Corporation has a 1 year low of $23.68 and a 1 year high of $142.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock has a 50 day simple moving average of $102.74 and a 200 day simple moving average of $87.23.

Intel (NASDAQ:INTC) last posted its quarterly earnings data 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 firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company’s revenue was up 25.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts predict that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on INTC shares. Zacks Research cut shares of Intel from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. TD Cowen boosted their price objective on shares of Intel from $75.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Wedbush upped their target price on shares of Intel from $60.00 to $98.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Truist Financial boosted their price target on Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a research report on Friday, July 24th. Finally, DA Davidson upped their price objective on Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Intel has a consensus rating of “Hold” and an average target price of $107.46.

Intel News Roundup

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

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.