Whalen Wealth Management Inc. Takes $1.51 Million Position in Intel Corporation $INTC

Whalen Wealth Management Inc. bought a new position in shares of Intel Corporation (NASDAQ:INTC) during the second quarter, HoldingsChannel reports. The fund bought 10,841 shares of the chip maker’s stock, valued at approximately $1,514,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financially Speaking Inc lifted its holdings in shares of Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after purchasing an additional 279 shares during the period. Financial Life Planners acquired a new stake in Intel in the first quarter valued at $25,000. Glynn Capital Management LLC bought a new position in Intel during the 2nd quarter worth $29,000. Knuff & Co LLC bought a new position in Intel during the 2nd quarter worth $29,000. Finally, Swiss RE Ltd. acquired a new position in Intel during the 4th quarter worth about $29,000. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Down 0.6%

Shares of NASDAQ INTC opened at $88.97 on Wednesday. The firm has a market cap of $448.76 billion, a PE ratio of -42.17, a P/E/G ratio of 9.88 and a beta of 2.22. Intel Corporation has a 12-month low of $23.68 and a 12-month high of $142.35. The company’s fifty day simple moving average is $102.74 and its 200 day simple moving average 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.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter in the prior year, the firm earned ($0.10) EPS. The business’s revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Key Intel News

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

Analysts Set New Price Targets

INTC has been the subject of several recent research reports. Morgan Stanley increased their price target on Intel from $75.00 to $84.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Piper Sandler began coverage on Intel in a report on Thursday, June 11th. They issued a “neutral” rating on the stock. Jefferies Financial Group initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set a “buy” rating for the company. Cantor Fitzgerald lowered their price target on shares of Intel from $150.00 to $125.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Finally, Needham & Company LLC restated a “hold” rating on shares of Intel in a research report 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 given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Intel presently has a consensus rating of “Hold” and a consensus price target of $107.46.

Insider Activity at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction dated 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 completion of the transaction, 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.05% of the stock is currently owned by corporate insiders.

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.