Revere Asset Management Inc Invests $1.08 Million in Intel Corporation $INTC

Revere Asset Management Inc acquired a new stake in Intel Corporation (NASDAQ:INTC) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 7,721 shares of the chip maker’s stock, valued at approximately $1,078,000. Intel makes up about 0.4% of Revere Asset Management Inc’s portfolio, making the stock its 18th largest position.

Other hedge funds have also made changes to their positions in the company. U S Wealth Group LLC. bought a new stake in shares of Intel in the 2nd quarter worth $662,000. Menlo Advisors LLC bought a new position in Intel during the second quarter valued at about $342,000. Bouchey Financial Group Ltd. grew its holdings in Intel by 32.1% during the second quarter. Bouchey Financial Group Ltd. now owns 4,992 shares of the chip maker’s stock worth $697,000 after acquiring an additional 1,214 shares during the period. Miramontes Capital LLC acquired a new position in Intel during the second quarter worth about $303,000. Finally, Core Capital Management & Research inc. bought a new stake in Intel in the second quarter worth about $6,258,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Some analysts remain constructive on Intel’s recovery. Tight server-CPU supply, reported expectations for potential price increases, accelerating revenue growth and stronger demand for CPUs as AI workloads expand beyond training could support future results. Intel’s Price Hikes Could Put $120 Back in Play
• Positive Sentiment: Intel received an upgrade in an updated blue-chip ranking, while longer-term commentary continues to highlight its strongest revenue growth in more than 15 years, progress in manufacturing and possible hyperscaler interest. Intel Upgraded, CVS Health Downgraded
• Neutral Sentiment: A potential shift in AI investment from massive model training toward inference could benefit Intel’s general-purpose CPUs, but the thesis remains speculative and depends on hyperscalers adopting more Intel hardware. Nvidia’s Training Trade Hit a Speed Bump. Intel Could Win
• Negative Sentiment: Comments from AI executives questioning the need to maintain the current development pace triggered broad selling in Nvidia, AMD, Micron and other chipmakers. Investors are reassessing whether AI infrastructure spending can sustain its recent growth rate. AI Trade Stumbles as CEOs Talk Model Slowdown
• Negative Sentiment: After shares more than tripled over the past year, valuation concerns and profit-taking have intensified. Analysts warn that the rally leaves limited room for execution disappointments, particularly because Intel’s foundry turnaround still requires further proof. Intel Stock Just Got a Stark Warning From Wall Street

Analysts Set New Price Targets

A number of brokerages have weighed in on INTC. Daiwa Securities Group downgraded shares of Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Piper Sandler began coverage on shares of Intel in a research note on Wednesday. They issued a “neutral” rating and a $110.00 price objective on the stock. Sanford C. Bernstein reiterated a “market perform” rating and issued a $110.00 target price on shares of Intel in a report on Monday, July 27th. JPMorgan Chase & Co. increased their target price on shares of Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research note on Friday, July 24th. Finally, HC Wainwright set a $150.00 target price on shares of Intel in a report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $107.80.

Insider Activity at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.05% of the company’s stock.

Intel Trading Down 5.6%

INTC traded down $5.75 during trading on Monday, reaching $97.19. The company had a trading volume of 95,966,897 shares, compared to its average volume of 117,344,313. The firm’s 50-day simple moving average is $97.86 and its 200 day simple moving average is $90.21. 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 company has a market cap of $490.23 billion, a price-to-earnings ratio of -46.06, a PEG ratio of 11.00 and a beta of 2.22. Intel Corporation has a 12-month low of $24.22 and a 12-month high of $142.35.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $14.43 billion. During the same period in the prior year, the firm earned ($0.10) earnings per share. The business’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. Equities research analysts anticipate that Intel Corporation will post 1.04 earnings per share for the current year.

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.