Intel Corporation $INTC Shares Purchased by Intrust Bank NA

Intrust Bank NA raised its holdings in shares of Intel Corporation (NASDAQ:INTC) by 17.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 46,880 shares of the chip maker’s stock after purchasing an additional 7,046 shares during the period. Intel accounts for approximately 0.5% of Intrust Bank NA’s investment portfolio, making the stock its 27th largest holding. Intrust Bank NA’s holdings in Intel were worth $6,546,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mosaic Family Wealth Partners LLC lifted its holdings in shares of Intel by 30.3% in the second quarter. Mosaic Family Wealth Partners LLC now owns 11,041 shares of the chip maker’s stock valued at $1,541,000 after purchasing an additional 2,566 shares in the last quarter. Retirement Planning Group LLC purchased a new position in shares of Intel during the 2nd quarter worth approximately $743,000. Donaldson Capital Management LLC purchased a new position in shares of Intel during the 2nd quarter worth approximately $1,155,000. Aspire Capital Advisors LLC purchased a new position in shares of Intel during the 2nd quarter worth approximately $251,000. Finally, Innovative Asset Advisors Group LLC raised its position in shares of Intel by 6.2% during the 2nd quarter. Innovative Asset Advisors Group LLC now owns 8,586 shares of the chip maker’s stock worth $1,199,000 after purchasing an additional 499 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Former House Speaker Nancy Pelosi disclosed purchases of 10,000 Intel shares and 50 INTC call options, adding to an existing Intel options position. The disclosure may provide a short-term sentiment boost, although it does not change Intel’s fundamentals. Nancy Pelosi Discloses First-Ever Bloom Energy Trade, Adds to Intel Bet Amid AI Power Boom
• Positive Sentiment: Intel joined a city-scale open 5G and NextG testing initiative with Rutgers University, Columbia University, NYU, Airspan Networks and the COSMOS testbed. The collaboration could support Intel’s positioning in open RAN, network infrastructure and potential 6G applications, though commercial benefits remain uncertain. Intel Joins City Scale Open 5G And NextG Testing Push
• Positive Sentiment: Reports that prices for Intel’s Arc Pro B70 GPUs have risen as much as 48% across markets suggest improving demand or constrained supply for its graphics products, potentially offering another catalyst for Intel’s turnaround. Intel Stock Has Soared 140% YTD. The Next Catalyst May Be Hiding in GPU Prices
• Neutral Sentiment: Investors are watching Nvidia’s August 26 earnings report for signals on AI-chip demand and semiconductor valuations. Strong results could lift the sector, while disappointing guidance could extend the sell-off. Semiconductor Stocks Slide Ahead of NVIDIA Earnings
• Negative Sentiment: Mercury Research reportedly found Intel’s CPU market share at a multidecade low, reinforcing concerns about competitive losses to AMD and other chipmakers. Intel Stock Slides as CPU Market Share Reaches Low Not Seen in Decades
• Negative Sentiment: Intel was among the semiconductor names sold broadly ahead of Nvidia’s results. Reports also cited pressure from a potential $20 billion equity offering, which raises dilution concerns and may weigh on investor confidence. Why Is Intel Stock Falling on Monday?
• Negative Sentiment: Billionaire investor Stanley Druckenmiller reportedly sold Intel along with other major chip holdings, adding to concerns that some institutional investors view alternative semiconductor opportunities as more attractive. Stanley Druckenmiller Sold Broadcom, Intel, and Micron

Intel Stock Down 3.1%

INTC stock opened at $87.26 on Tuesday. The company has a 50 day moving average price of $107.62 and a two-hundred day moving average price of $85.52. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The stock has a market capitalization of $440.14 billion, a P/E ratio of -41.36 and a beta of 2.22. Intel Corporation has a one year low of $23.68 and a one year high of $142.35.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the prior year, the company posted ($0.10) EPS. The business’s revenue for the quarter 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, sell-side analysts expect that Intel Corporation will post 1.01 EPS for the current year.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost 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 $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. New Street Research upped their target price on Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Jefferies Financial Group started coverage on Intel in a report on Thursday, June 11th. They issued a “buy” rating for the company. Rosenblatt Securities upped their price objective on Intel from $65.00 to $80.00 and gave the company a “sell” rating in a research report on Friday, July 24th. JPMorgan Chase & Co. increased their price objective on Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research note on Friday, July 24th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $125.00 price objective 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 assigned a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Intel has an average rating of “Hold” and an average target price of $107.46.

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.