Cetera Investment Advisers Buys 42,342 Shares of Intel Corporation $INTC

Cetera Investment Advisers grew its stake in shares of Intel Corporation (NASDAQ:INTC) by 4.1% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,068,716 shares of the chip maker’s stock after buying an additional 42,342 shares during the period. Cetera Investment Advisers’ holdings in Intel were worth $47,162,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Sivia Capital Partners LLC increased its stake in Intel by 271.7% during the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after acquiring an additional 25,001 shares during the period. United Bank bought a new stake in shares of Intel in the 2nd quarter worth approximately $205,000. Gamco Investors INC. ET AL grew its holdings in shares of Intel by 12.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after purchasing an additional 1,508 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Intel by 29.6% during the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after purchasing an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. increased its position in shares of Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after purchasing an additional 74,838 shares during the period. Institutional investors own 64.53% of the company’s stock.

Intel Trading Down 7.9%

Shares of INTC stock opened at $92.32 on Friday. The company has a market capitalization of $464.00 billion, a P/E ratio of -43.75 and a beta of 2.18. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $142.35. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average price of $115.84 and a 200 day moving average price of $78.07.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.52%. The company’s quarterly 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) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts forecast that Intel Corporation will post 0.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of recent research reports. Sanford C. Bernstein restated a “market perform” rating and issued a $100.00 target price on shares of Intel in a research note on Wednesday, June 17th. Northland Securities lowered shares of Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. TD Cowen increased their price objective on shares of Intel from $75.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, July 13th. HSBC reaffirmed a “buy” rating on shares of Intel in a report on Friday. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Intel presently has a consensus rating of “Hold” and an average price target of $107.67.

Key Stories Impacting Intel

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

Insider Activity at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is owned by insiders.

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.