Intel Corporation $INTC Shares Bought by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board boosted its holdings in shares of Intel Corporation (NASDAQ:INTC) by 16.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 233,470 shares of the chip maker’s stock after purchasing an additional 33,100 shares during the quarter. Intel makes up 0.8% of New Mexico Educational Retirement Board’s holdings, making the stock its 15th largest position. New Mexico Educational Retirement Board’s holdings in Intel were worth $32,599,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sivia Capital Partners LLC raised its stake 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 worth $766,000 after buying an additional 25,001 shares during the period. United Bank acquired a new stake in Intel in the 2nd quarter valued at $205,000. Gamco Investors INC. ET AL grew its stake in Intel by 12.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after acquiring an additional 1,508 shares during the period. NewEdge Advisors LLC grew its stake in Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after acquiring an additional 36,116 shares during the period. Finally, Sei Investments Co. increased its holdings in Intel by 9.9% in the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after acquiring an additional 74,838 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, with a total value 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 purchase was disclosed in a legal filing with the SEC, which is available through this link. 0.05% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on INTC. Rosenblatt Securities upped their price objective on shares of Intel from $65.00 to $80.00 and gave the stock a “sell” rating in a research report on Friday, July 24th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Intel in a research report on Thursday, July 23rd. Morgan Stanley boosted their target price on shares of Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Zacks Research lowered shares of Intel from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Finally, Piper Sandler started coverage on shares of Intel in a research note on Thursday, June 11th. They issued a “neutral” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $107.01.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Dell’s strong server performance supported Intel’s data-center outlook. Dell reported a 122% increase in server revenue, prompting analysts to argue that demand for Intel CPUs is accelerating as AI infrastructure requires a substantial number of traditional processors alongside GPUs. Intel stock rises as Dell earnings point to CPU demand
• Positive Sentiment: A bullish $200 price target added momentum. Global Equities Research analyst Trip Chowdhry identified Intel as a direct beneficiary of rising CPU-to-GPU ratios in AI clusters, the continued enterprise presence of x86 processors and the potential of Intel’s Clearwater Forest architecture. The target implies substantial upside, although it is an individual analyst forecast rather than a consensus estimate. Dell earnings and Intel CPU demand
• Positive Sentiment: Estimate revisions have been trending higher. Analysts cited AI demand, manufacturing improvements and growth in custom silicon as potential offsets to supply constraints and competitive pressure. Intel’s recent revenue growth and plans for more than $20 billion in 2026 capital spending also reinforce the long-term recovery narrative. Intel estimate revisions
• Neutral Sentiment: Semiconductor-sector strength provided a broad-market tailwind. Intel, AMD and Nvidia advanced even as stronger employment data increased expectations for a possible Federal Reserve rate hike. Separate commentary arguing that Nvidia’s earnings reduced fears of an AI spending bubble also helped maintain investor interest in chip stocks. Chip stocks rise despite rate concerns
• Negative Sentiment: Mizuho lowered its Intel price target to $92 from $109 and maintained a Hold rating. The analyst warned that weaker PC demand and near-term margin pressure could limit the benefit from Intel’s AI-related growth. Nvidia’s expanding server CPU business also remains a competitive risk. Mizuho lowers Intel price target

Intel Price Performance

Shares of NASDAQ INTC opened at $95.80 on Friday. The firm has a 50-day simple moving average of $100.45 and a 200-day simple moving average of $87.91. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $483.22 billion, a price-to-earnings ratio of -45.40, a price-to-earnings-growth ratio of 10.58 and a beta of 2.22. Intel Corporation has a 52 week low of $24.05 and a 52 week high of $142.35.

Intel (NASDAQ:INTC) last posted its quarterly 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. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period in the previous year, the business posted ($0.10) earnings per share. Intel’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts predict that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

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.