Tortuga Wealth Management Inc Buys Shares of 5,312 Intel Corporation $INTC

Tortuga Wealth Management Inc purchased a new stake in shares of Intel Corporation (NASDAQ:INTC) in the second quarter, HoldingsChannel.com reports. The fund purchased 5,312 shares of the chip maker’s stock, valued at approximately $742,000.

Several other institutional investors have also modified their holdings of the company. POM Investment Strategies LLC grew its holdings in shares of Intel by 2,403.2% in the 2nd quarter. POM Investment Strategies LLC now owns 776 shares of the chip maker’s stock worth $108,000 after acquiring an additional 745 shares during the period. Aviance Capital Partners LLC raised its holdings in Intel by 36.2% during the second quarter. Aviance Capital Partners LLC now owns 9,695 shares of the chip maker’s stock worth $1,354,000 after purchasing an additional 2,578 shares during the last quarter. Axiom Investment Management LLC raised its holdings in Intel by 7.4% during the second quarter. Axiom Investment Management LLC now owns 4,328 shares of the chip maker’s stock worth $604,000 after purchasing an additional 300 shares during the last quarter. Creekside Partners purchased a new stake in Intel during the second quarter worth $558,000. Finally, Collaborative Fund Advisors LLC purchased a new stake in Intel during the second quarter worth $393,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on INTC shares. Susquehanna raised their price target on Intel from $80.00 to $115.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Wolfe Research began coverage on shares of Intel in a research report on Thursday, June 11th. They issued a “peer perform” rating on the stock. 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. Stifel Nicolaus dropped their target price on shares of Intel from $120.00 to $110.00 and set a “hold” rating for the company in a report on Friday, July 24th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $110.00 target price on shares of Intel in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel has an average rating of “Hold” and an average target price of $107.46.

Intel Price Performance

Intel stock opened at $96.68 on Wednesday. The stock has a market capitalization of $487.65 billion, a P/E ratio of -45.82 and a beta of 2.22. Intel Corporation has a 12-month low of $22.77 and a 12-month high of $142.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The firm’s 50-day moving average is $109.90 and its two-hundred day moving average is $84.33.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The business had revenue of $16.13 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities analysts predict that Intel Corporation will post 1.01 earnings per share for the current year.

Insider Buying and Selling

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

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased approximately 105,263 Intel shares for $10 million at $95 each. The purchase signals management confidence in Intel’s turnaround, although it was not enough to offset broader selling pressure. CEO Lip-Bu Tan Just Bought Another 105,000 Shares of Intel Stock
• Positive Sentiment: Recent institutional filings showed substantial accumulation of Intel shares by Invesco, JPMorgan, FMR and Capital International. SoftBank also reported holding about 86.9 million shares, while a separate filing indicated Nvidia held nearly $30 billion of Intel stock. These positions support the long-term turnaround and foundry narrative, but they may reflect holdings as of June 30 rather than current activity. SoftBank Group put 67% of U.S. portfolio into Intel stock
• Neutral Sentiment: Intel announced plans to participate in an upcoming investor conference. The event could provide updates on manufacturing, foundry demand and AI strategy, but the announcement itself contained no new financial guidance. Intel Corporation to Participate in Upcoming Investor Conference
• Negative Sentiment: UBS cut its Intel price target to $112. The revision reinforced valuation concerns after the stock’s sharp yearlong rally, particularly because Intel remains loss-making and its turnaround depends on future foundry and AI execution. Intel Stock Plunges 7% as UBS Cuts Price Target to $112
• Negative Sentiment: Qualcomm’s latest Snapdragon testing highlighted improving performance and power efficiency in an alternative processor platform, raising concerns about Intel’s competitiveness in PCs and other chip markets. Intel Stock Plummets 7% After Snapdragon Testing
• Negative Sentiment: Intel fell alongside AMD and other AI hardware names as rising borrowing costs, inflation and oil prices pressured high-growth technology stocks. Investors also questioned whether the pace of AI infrastructure spending can continue, while a major chip peer’s less-optimistic AI outlook weighed on the entire sector. Why are Intel and AMD stocks tanking up to 7% today?
• Negative Sentiment: Ongoing geopolitical tensions, including the Iran conflict, added to market-wide risk aversion and amplified the selloff in cyclical technology stocks. Why Intel Stock Is Falling Today

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.