Notis McConarty Edward Purchases Shares of 7,800 Intel Corporation $INTC

Notis McConarty Edward acquired a new position in Intel Corporation (NASDAQ:INTC) in the second quarter, Holdings Channel.com reports. The firm acquired 7,800 shares of the chip maker’s stock, valued at approximately $1,089,000.

A number of other hedge funds have also recently made changes to their positions in the business. Norges Bank purchased a new position in Intel in the 4th quarter worth $2,233,159,000. Capital Research Global Investors boosted its position in Intel by 285.9% during the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after buying an additional 19,722,010 shares during the period. Capital World Investors boosted its position in Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after buying an additional 17,557,147 shares during the period. Morgan Stanley grew its stake in shares of Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after buying an additional 11,056,090 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Intel by 61.3% in the third quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker’s stock worth $838,804,000 after buying an additional 9,503,402 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.

Intel Stock Performance

Shares of Intel stock opened at $89.47 on Friday. 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 firm has a market capitalization of $451.29 billion, a P/E ratio of -42.40 and a beta of 2.22. The business has a fifty day simple moving average of $104.64 and a two-hundred day simple moving average of $86.39. Intel Corporation has a 12 month low of $23.68 and a 12 month high of $142.35.

Intel (NASDAQ:INTC) last released its 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. The firm 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 company’s revenue was up 25.2% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts forecast that Intel Corporation will post 1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on INTC. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. Weiss Ratings downgraded Intel from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 18th. HC Wainwright set a $150.00 price objective on Intel in a research note on Monday, June 29th. Northland Securities cut shares of Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. Finally, Susquehanna lifted their target price on shares of Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $107.46.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
• Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
• Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
• Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
• Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
• Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

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.