12,701 Shares in Intel Corporation $INTC Purchased by Weaver Capital Management LLC

Key Points

• Weaver Capital Management acquired 12,701 Intel shares worth approximately $1.53 million, while institutional investors collectively own 64.53% of the company.
• Intel shares opened at $95.37, down 2.8%, and analysts maintain a consensus “Hold” rating with an average price target of $109.06.
• Intel reported quarterly revenue of $16.13 billion, up 25.2% year over year, and beat earnings expectations; however, foundry execution risks, competitive pressure from TSMC and broader chip-sector weakness remain concerns.

Weaver Capital Management LLC acquired a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,701 shares of the chip maker's stock, valued at approximately $1,527,000.

Several other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners acquired a new stake in shares of Intel in the 1st quarter valued at $25,000. Montgomery Financial Services LLC acquired a new position in shares of Intel during the 2nd quarter worth $26,000. Glynn Capital Management LLC acquired a new position in shares of Intel during the 2nd quarter worth $29,000. Knuff & Co LLC acquired a new position in shares of Intel during the 2nd quarter worth $29,000. Finally, Osbon Capital Management LLC bought a new stake in shares of Intel during the 4th quarter worth $30,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Bank of America reduced their price objective on Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a research note on Wednesday, August 12th. Wall Street Zen cut Intel from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Roth Capital boosted their target price on Intel from $100.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, July 24th. HSBC reissued a "buy" rating on shares of Intel in a report on Friday, July 24th. Finally, Citigroup began coverage on shares of Intel in a report on Tuesday, September 8th. They issued a "buy" rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $109.06.

Intel Stock Down 2.8%

Shares of NASDAQ:INTC opened at $95.37 on Friday. The company has a fifty day moving average of $103.29 and a 200-day moving average of $101.39. The company has a market capitalization of $481.05 billion, a PE ratio of -45.20, a price-to-earnings-growth ratio of 10.47 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel Corporation has a 52-week low of $32.89 and a 52-week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) 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. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The company 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. Intel's 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. On average, equities analysts predict that Intel Corporation will post 1.04 EPS for the current fiscal year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s Crescent Island inference GPU has reportedly reached customer testing, supporting the company’s effort to expand beyond CPUs and compete in lower-cost AI inference. Intel’s 350-Watt Inference GPU Reaches Customer Testing
• Positive Sentiment: Recent results showed approximately 25% year-over-year quarterly revenue growth, while strong AI-chip demand forecasts from ASML and analyst support for Intel ahead of its next earnings report provide a potential longer-term tailwind. AI Demand to Exceed Supply
• Neutral Sentiment: A technical trading signal reportedly triggered a rebound during the session, but this reflects short-term trading activity rather than a change in Intel’s fundamentals. Intel Shares Rise After Key Trading Signal
• Negative Sentiment: An explosion and fire at Intel’s Kiryat Gat manufacturing facility in Israel, with serious injuries and reported fatalities, raised concerns about operational disruption, employee safety and potential production impacts. Intel Slides After Plant Blast in Israel
• Negative Sentiment: TSMC’s comments that it could support customers if Intel’s advanced-packaging ramp falls short highlighted execution risk and intensified competitive pressure on Intel’s foundry strategy. TSMC Comments on Intel’s Advanced Packaging Ramp
• Negative Sentiment: The wider chip sector faced selling pressure amid reported progress by Chinese memory maker CXMT, concerns about slowing or difficult-to-finance AI infrastructure spending, higher interest rates and renewed inflation worries. These factors are particularly significant for Intel after its substantial 2026 rally. What Is Driving Attention on Intel Stock

Insider Transactions at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction on 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 acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by insiders.

About Intel

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.

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