PCM Encore LLC Invests $2.62 Million in Intel Corporation $INTC

PCM Encore LLC purchased a new position in shares of Intel Corporation (NASDAQ:INTC) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 18,770 shares of the chip maker’s stock, valued at approximately $2,621,000.

Several other institutional investors have also added to or reduced their stakes in INTC. iA Global Asset Management Inc. boosted its stake in shares of Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC bought a new position in Intel in the 4th quarter valued at approximately $205,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Intel in the fourth quarter valued at approximately $185,000. Northwestern Mutual Wealth Management Co. boosted its position in Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after buying an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in shares of Intel by 1.3% during the fourth quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock worth $1,255,076,000 after buying an additional 423,481 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Insider Activity

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought 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 directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is owned by corporate insiders.

Key Stories 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

Intel Price Performance

Shares of NASDAQ INTC opened at $89.47 on Monday. The company’s 50 day moving average price is $104.64 and its 200-day moving average price is $86.65. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel Corporation has a 52-week low of $23.68 and a 52-week high of $142.35. The company has a market capitalization of $451.29 billion, a P/E ratio of -42.40, a price-to-earnings-growth ratio of 9.89 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced 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 business had revenue of $16.13 billion during 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%. Intel’s quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities analysts forecast that Intel Corporation will post 1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on INTC shares. Seaport Research Partners reissued a “buy” rating and set a $125.00 price objective on shares of Intel in a report on Friday, July 24th. JPMorgan Chase & Co. lifted their price target on Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research note on Friday, July 24th. Jefferies Financial Group initiated coverage on Intel in a report on Thursday, June 11th. They set a “buy” rating on the stock. BTIG Research upgraded shares of Intel from a “neutral” rating to a “buy” rating in a report on Thursday, June 11th. Finally, New Street Research boosted their target price on shares of Intel from $100.00 to $122.00 in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Intel has an average rating of “Hold” and a consensus price target of $107.46.

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.