Whittier Trust Co. of Nevada Inc. Raises Stock Position in Intel Corporation $INTC

Whittier Trust Co. of Nevada Inc. increased its position in shares of Intel Corporation (NASDAQ:INTC) by 64.0% during the second quarter, HoldingsChannel.com reports. The fund owned 228,193 shares of the chip maker’s stock after acquiring an additional 89,030 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Intel were worth $31,863,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of INTC. Sivia Capital Partners LLC grew its position in shares of Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after purchasing an additional 25,001 shares in the last quarter. United Bank bought a new position in shares of Intel in the second quarter worth $205,000. Gamco Investors INC. ET AL raised its position in shares of Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after buying an additional 1,508 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Intel by 29.6% in the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after buying an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in 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 buying an additional 74,838 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The shares were acquired at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly 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 ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on INTC. DZ Bank upgraded Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. New Street Research raised their price target on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Wedbush lifted their price target on Intel from $60.00 to $98.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Moffett Nathanson downgraded Intel to a “neutral” rating in a research report on Thursday, June 11th. Finally, Roth Capital boosted their price objective on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, July 24th. One equities 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 issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $107.85.

Key Stories Impacting Intel

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

Intel Price Performance

INTC opened at $102.50 on Friday. The stock has a 50-day moving average price of $110.26 and a 200-day moving average price of $83.29. Intel Corporation has a 12-month low of $22.77 and a 12-month high of $142.35. 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 stock has a market capitalization of $517.01 billion, a P/E ratio of -48.58 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company’s revenue was up 25.2% on a year-over-year basis. During the same period in the prior year, the company earned ($0.10) EPS. 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 fiscal year.

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.