Revere Asset Management Inc Makes New Investment in Intel Corporation $INTC

Revere Asset Management Inc bought a new stake in shares of Intel Corporation (NASDAQ:INTC) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,721 shares of the chip maker’s stock, valued at approximately $1,078,000. Intel makes up 0.4% of Revere Asset Management Inc’s portfolio, making the stock its 18th biggest position.

A number of other large investors also recently made changes to their positions in INTC. California State Teachers Retirement System boosted its holdings in Intel by 13,422.7% in the second quarter. California State Teachers Retirement System now owns 931,579,105 shares of the chip maker’s stock worth $130,076,390,000 after purchasing an additional 924,690,115 shares in the last quarter. State Street Corp raised its holdings in Intel by 2.8% during the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after buying an additional 5,714,400 shares in the last quarter. Capital World Investors lifted its position in shares of Intel by 20.3% in the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after buying an additional 17,557,147 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after buying an additional 3,124,798 shares during the last quarter. Finally, Primecap Management Co. CA bought a new stake in shares of Intel during the 2nd quarter worth about $10,507,291,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Some analysts remain constructive on Intel’s recovery. Tight server-CPU supply, reported expectations for potential price increases, accelerating revenue growth and stronger demand for CPUs as AI workloads expand beyond training could support future results. Intel’s Price Hikes Could Put $120 Back in Play
• Positive Sentiment: Intel received an upgrade in an updated blue-chip ranking, while longer-term commentary continues to highlight its strongest revenue growth in more than 15 years, progress in manufacturing and possible hyperscaler interest. Intel Upgraded, CVS Health Downgraded
• Neutral Sentiment: A potential shift in AI investment from massive model training toward inference could benefit Intel’s general-purpose CPUs, but the thesis remains speculative and depends on hyperscalers adopting more Intel hardware. Nvidia’s Training Trade Hit a Speed Bump. Intel Could Win
• Negative Sentiment: Comments from AI executives questioning the need to maintain the current development pace triggered broad selling in Nvidia, AMD, Micron and other chipmakers. Investors are reassessing whether AI infrastructure spending can sustain its recent growth rate. AI Trade Stumbles as CEOs Talk Model Slowdown
• Negative Sentiment: After shares more than tripled over the past year, valuation concerns and profit-taking have intensified. Analysts warn that the rally leaves limited room for execution disappointments, particularly because Intel’s foundry turnaround still requires further proof. Intel Stock Just Got a Stark Warning From Wall Street

Intel Stock Performance

Shares of Intel stock traded down $5.75 during midday trading on Monday, hitting $97.19. The company had a trading volume of 95,966,897 shares, compared to its average volume of 117,344,313. Intel Corporation has a 1-year low of $24.22 and a 1-year high of $142.35. The business’s 50 day simple moving average is $97.86 and its two-hundred day simple moving average is $90.21. The stock has a market cap of $490.23 billion, a PE ratio of -46.06, a P/E/G ratio of 11.00 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period in the prior year, the company earned ($0.10) EPS. The business’s quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities analysts predict that Intel Corporation will post 1.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on INTC shares. Bank of America lowered their price objective on Intel from $160.00 to $145.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Sanford C. Bernstein restated a “market perform” rating and issued a $110.00 target price on shares of Intel in a report on Monday, July 27th. Roth Capital upped their target price on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Moffett Nathanson downgraded Intel to a “neutral” rating in a report on Thursday, June 11th. Finally, Truist Financial lifted their price target on shares of Intel from $81.00 to $108.00 and gave the company a “hold” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Intel presently has an average rating of “Hold” and a consensus target price of $107.80.

Insider Activity

In related news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.