Kovack Advisors Inc. Acquires 16,966 Shares of Intel Corporation $INTC

Kovack Advisors Inc. grew its holdings in Intel Corporation (NASDAQ:INTC) by 23.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 88,380 shares of the chip maker’s stock after acquiring an additional 16,966 shares during the period. Kovack Advisors Inc.’s holdings in Intel were worth $11,703,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in INTC. Norges Bank bought a new position in shares of Intel during the fourth quarter valued at approximately $2,233,159,000. Capital Research Global Investors boosted its holdings in Intel by 285.9% in 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 acquiring an additional 19,722,010 shares in the last quarter. Capital World Investors boosted its holdings in Intel by 20.3% in 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 acquiring an additional 17,557,147 shares in the last quarter. Vanguard Group Inc. increased its position in Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after purchasing an additional 13,692,624 shares during the period. Finally, Morgan Stanley increased its position in Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after purchasing an additional 11,056,090 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Performance

Shares of INTC stock opened at $102.50 on Friday. Intel Corporation has a 12 month low of $22.77 and a 12 month high of $142.35. The stock has a market cap of $517.01 billion, a PE ratio of -48.58 and a beta of 2.22. 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 company’s fifty day moving average price is $110.26 and its 200-day moving average price is $83.29.

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 expect that Intel Corporation will post 1.01 EPS for the current fiscal year.

Analyst Ratings Changes

INTC has been the subject of several research analyst reports. Freedom Capital raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Barclays boosted their price target on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Sanford C. Bernstein reissued a “market perform” rating and issued a $110.00 price target on shares of Intel in a research note on Monday, July 27th. UBS Group lowered their price objective on shares of Intel from $121.00 to $112.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Mizuho cut their price objective on Intel from $135.00 to $109.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $107.85.

Key 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

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 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.