Gibbs Wealth Management Buys New Stake in Intel Corporation $INTC

Gibbs Wealth Management bought a new position in Intel Corporation (NASDAQ:INTC) in the 1st quarter, Holdings Channel.com reports. The firm bought 10,819 shares of the chip maker’s stock, valued at approximately $477,000.

Several other hedge funds have also modified their holdings of INTC. Financial Life Planners acquired a new stake in shares of Intel during the first quarter valued at about $25,000. Financially Speaking Inc increased its stake in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after buying an additional 279 shares during the last quarter. Legacy Bridge LLC acquired a new stake in Intel in the fourth quarter valued at $26,000. Raleigh Capital Management Inc. bought a new position in Intel during the 4th quarter valued at $29,000. Finally, Swiss RE Ltd. acquired a new position in Intel during the 4th quarter worth $29,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

Intel Stock Down 7.9%

INTC stock opened at $92.32 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The company has a 50-day moving average of $115.84 and a two-hundred day moving average of $78.07. The stock has a market capitalization of $464.00 billion, a price-to-earnings ratio of -43.75 and a beta of 2.18. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $142.35.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping 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 2.52%. The business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter last year, the company posted ($0.10) earnings per share. Intel’s quarterly 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, equities research analysts anticipate that Intel Corporation will post 0.65 EPS for the current year.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale 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 company insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Intel in a research note on Tuesday. Wall Street Zen upgraded shares of Intel from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Benchmark increased their target price on shares of Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $100.00 price objective on shares of Intel in a research note on Tuesday, May 12th. Finally, New Street Research upped their target price on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $107.67.

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.