iA Global Asset Management Inc. Buys 166,264 Shares of Intel Corporation $INTC

iA Global Asset Management Inc. lifted its stake in shares of Intel Corporation (NASDAQ:INTC) by 27.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 765,836 shares of the chip maker’s stock after acquiring an additional 166,264 shares during the period. Intel makes up 1.3% of iA Global Asset Management Inc.’s investment portfolio, making the stock its 16th biggest position. iA Global Asset Management Inc.’s holdings in Intel were worth $106,934,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC grew its position in Intel by 23.6% during the second quarter. Cornerstone Planning Group LLC now owns 3,331 shares of the chip maker’s stock valued at $465,000 after acquiring an additional 636 shares during the last quarter. Aspire Growth Partners LLC bought a new stake in shares of Intel in the 2nd quarter worth approximately $448,000. BKM Wealth Management LLC purchased a new stake in shares of Intel in the 2nd quarter valued at $836,000. Retirement Systems of Alabama boosted its stake in shares of Intel by 27.0% in the 2nd quarter. Retirement Systems of Alabama now owns 1,266,576 shares of the chip maker’s stock valued at $176,852,000 after purchasing an additional 269,492 shares in the last quarter. Finally, Ducere Wealth Management LLC bought a new position in shares of Intel during the 2nd quarter valued at $305,000. Institutional investors own 64.53% of the company’s stock.

Insider Transactions 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 stock was bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.05% of the stock is currently owned by insiders.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased 105,263 Intel shares at $95 each, investing approximately $10 million and increasing his direct stake by 8.7%. The purchase is viewed as a vote of confidence in Intel’s recovery strategy. Intel insider purchase filing
• Positive Sentiment: Analyst and media coverage highlighted Intel’s approximately $20 billion equity raise as potential funding for expanded foundry capacity, production growth and new customer wins. Some analysts believe demand for Intel’s server processors is currently exceeding its manufacturing capacity. Intel foundry capital raise article
• Positive Sentiment: Intel’s second-quarter results showed strong momentum: revenue rose roughly 25% year over year to $16.1 billion, with Data Center and AI revenue reportedly increasing 59%. The results exceeded analyst expectations and reinforced the AI-related CPU growth narrative. Intel revenue growth article
• Neutral Sentiment: Intel is considering a return to the memory-chip market, supported by the capital raise and the appointment of former SK Hynix CEO Seok-Hee Lee to Intel Foundry. The opportunity could expand Intel’s addressable market, but the plan remains exploratory and would require substantial investment. Intel memory market article
• Negative Sentiment: The $20 billion common-stock offering creates significant dilution for existing shareholders and has encouraged profit-taking after Intel’s substantial rally. Investors are also focused on whether management can convert the new capital into profitable foundry growth and sustained free cash flow. Intel stock offering discussion

Intel Stock Performance

Shares of INTC stock opened at $102.50 on Monday. The stock has a fifty day moving average of $110.26 and a 200 day moving average of $83.57. Intel Corporation has a 52 week low of $22.77 and a 52 week high of $142.35. The firm has a market capitalization of $517.01 billion, a price-to-earnings ratio of -48.58 and a beta of 2.22. 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 issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The business 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 quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, research analysts expect that Intel Corporation will post 1.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of analyst reports. Cantor Fitzgerald decreased their target price on shares of Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. HC Wainwright set a $150.00 price objective on Intel in a research note on Monday, June 29th. Roth Capital lifted their price objective on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 price target on shares of Intel in a research report on Tuesday, May 12th. Finally, Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $107.85.

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.