7,162 Shares in Intel Corporation $INTC Bought by Net Worth Advisory Group

20 Oct 2026, 11:21 by Michael Walen · The Markets Daily

Net Worth Advisory Group purchased a new position in shares of Intel Corporation (NASDAQ:INTC – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,162 shares of the chip maker’s stock, valued at approximately $859,000.

Several other hedge funds also recently made changes to their positions in the business. tru Independence LLC raised its holdings in shares of Intel by 14.6% in the third quarter. tru Independence LLC now owns 3,302 shares of the chip maker’s stock valued at $397,000 after purchasing an additional 421 shares during the last quarter. Eagle Wealth Advisors LLC lifted its position in shares of Intel by 5.5% in the third quarter. Eagle Wealth Advisors LLC now owns 15,734 shares of the chip maker’s stock worth $1,892,000 after purchasing an additional 826 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Intel by 6.5% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 807,367 shares of the chip maker’s stock worth $97,070,000 after purchasing an additional 49,608 shares in the last quarter. Family Wealth Partners LLC boosted its holdings in Intel by 29.0% during the third quarter. Family Wealth Partners LLC now owns 3,240 shares of the chip maker’s stock worth $390,000 after purchasing an additional 728 shares during the last quarter. Finally, CWA Asset Management Group LLC boosted its holdings in Intel by 0.4% during the third quarter. CWA Asset Management Group LLC now owns 27,797 shares of the chip maker’s stock worth $3,342,000 after purchasing an additional 115 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on INTC shares. Daiwa Securities Group downgraded shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. National Bank Financial set a $85.00 price target on shares of Intel in a research report on Monday. Truist Financial raised their price objective on Intel from $81.00 to $108.00 and gave the company a “hold” rating in a report on Friday, July 24th. Zacks Research downgraded Intel from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Finally, Mizuho upped their target price on Intel from $92.00 to $114.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twenty-six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Intel has an average rating of “Hold” and a consensus price target of $108.48.

Check Out Our Latest Analysis on INTC

Intel Price Performance

Shares of NASDAQ INTC opened at $92.03 on Tuesday. Intel Corporation has a 1-year low of $32.89 and a 1-year 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 firm has a market cap of $464.20 billion, a P/E ratio of 144.92, a price-to-earnings-growth ratio of 9.57 and a beta of 2.22. The business’s 50 day moving average is $102.94 and its 200-day moving average is $102.07.

Intel (NASDAQ:INTC – Get Free Report) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating 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 company had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter 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. Equities research analysts predict that Intel Corporation will post 1.04 earnings per share for the current year.

Key Intel News

Here are the key news stories impacting Intel this week:

Positive Sentiment: JPMorgan removed its bearish rating: Analyst Harlan Sur upgraded Intel from Underweight to Neutral, saying manufacturing execution, chip design and AI-related workloads are improving. The change followed a steep recent sell-off and helped restore investor confidence. The firm maintained an $85 price target. Intel Stock Surges After an Upgrade
Positive Sentiment: Tesla selected Intel’s future 14A process: Tesla is expected to become a foundry customer for Intel’s advanced 14A manufacturing technology. Combined with progress on the 18A node, the agreement gives Intel a concrete anchor customer for its costly foundry expansion and supports the turnaround narrative. Intel Lands a Major Customer for Its 14A Foundry Process
Positive Sentiment: AI infrastructure remains a potential tailwind: Intel has highlighted new GPU products for high-memory AI inference and Xeon-based systems for agentic AI workloads. Continued AI spending could support demand for Intel’s processors, accelerators and manufacturing services. Did Foundry Win Just Shift Intel Investment Narrative?
Neutral Sentiment: Investors are watching execution: Intel’s valuation remains demanding, while its turnaround depends on improving factory output, rebuilding server-market share and converting foundry announcements into revenue. The company’s recent quarter showed strong revenue growth and an EPS beat, but profitability remains weak.
Negative Sentiment: Semiconductor-sector pressure has returned: Nasdaq 100 futures and major chip stocks declined after Monday’s recovery, reflecting renewed concerns about AI spending returns, data-center capital expenditures and leverage across the AI ecosystem. Intel’s high beta makes it particularly sensitive to this shift in risk appetite. Nvidia, AMD and Intel Stocks Fall Again in Premarket
Negative Sentiment: JPMorgan’s target remains below the market: Although the rating upgrade is supportive, the $85 target signals that JPMorgan still sees downside risk from Intel’s execution challenges and competitive pressures, particularly from AMD.

Insider Activity

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The shares were 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 directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.05% of the company’s stock.

About Intel

(Free Report)

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.