Van Diest Capital LLC Purchases Shares of 6,562 Intel Corporation $INTC

Van Diest Capital LLC acquired a new position in shares of Intel Corporation (NASDAQ:INTC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,562 shares of the chip maker’s stock, valued at approximately $290,000.

Other large investors have also recently made changes to their positions in the company. Financially Speaking Inc increased its position in shares of Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares in the last quarter. Financial Life Planners acquired a new position in Intel during the 1st quarter valued at about $25,000. Legacy Bridge LLC acquired a new position in Intel during the 4th quarter valued at about $26,000. Raleigh Capital Management Inc. bought a new stake in Intel during the 4th quarter worth approximately $29,000. Finally, Swiss RE Ltd. bought a new stake in Intel during the 4th quarter worth approximately $29,000. 64.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on INTC shares. Jefferies Financial Group assumed coverage on Intel in a report on Thursday, June 11th. They issued a “buy” rating on the stock. Roth Capital increased their price target on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday. Wolfe Research began coverage on Intel in a research note on Thursday, June 11th. They set a “peer perform” rating on the stock. BNP Paribas Exane raised shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Tuesday, April 21st. Finally, Wedbush upped their target price on shares of Intel from $60.00 to $98.00 and gave the stock a “neutral” rating in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $107.67.

Intel Stock Performance

NASDAQ:INTC opened at $92.32 on Monday. 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 business has a fifty day simple moving average of $115.84 and a two-hundred day simple moving average of $78.35. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $142.35. The company has a market capitalization of $464.00 billion, a P/E ratio of -43.75 and a beta of 2.18.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The company had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. Intel’s revenue was up 25.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts expect that Intel Corporation will post 0.65 earnings per share for the current year.

Insider Activity at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is owned by company insiders.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

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.