16,610 Shares of Intel Corporation $INTC Bought by Sanders Morris Harris LLC

Key Points

• Sanders Morris Harris LLC initiated a position in Intel during the third quarter, purchasing 16,610 shares valued at approximately $2 million. Institutional investors collectively own 64.53% of Intel’s stock.
• Intel’s CEO Lip-Bu Tan bought 105,263 shares at $95 each, increasing his direct stake by 8.7%, although insiders overall own just 0.05% of the company.
• Intel shares fell 4.6% to $98.12 amid concerns over heavy foundry losses and valuation, despite stronger recent revenue and enthusiasm around its lower-cost AI GPU strategy. Analysts maintain a consensus “Hold” rating with an average price target of $109.06.

Sanders Morris Harris LLC bought a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,610 shares of the chip maker's stock, valued at approximately $2,001,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MinichMacGregor Wealth Management LLC lifted its stake in Intel by 5.9% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 2,633 shares of the chip maker's stock valued at $317,000 after buying an additional 147 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in Intel by 290.4% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 183,098 shares of the chip maker's stock valued at $22,014,000 after buying an additional 136,202 shares during the last quarter. JM2 Capital Inc. increased its position in Intel by 9.5% during the third quarter. JM2 Capital Inc. now owns 2,994 shares of the chip maker's stock worth $360,000 after buying an additional 261 shares in the last quarter. XY Planning Network Inc. increased its position in Intel by 21.7% during the third quarter. XY Planning Network Inc. now owns 2,646 shares of the chip maker's stock worth $318,000 after buying an additional 471 shares in the last quarter. Finally, Allied Investment Advisors LLC purchased a new position in Intel during the third quarter worth $217,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Insider Buying and Selling

In related news, CEO Lip Bu Tan acquired 105,263 shares of the company's stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 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’s new 350-watt Crescent Island GPU has entered customer testing, highlighting its strategy of targeting lower-cost AI inference workloads. The air-cooled design, high memory capacity and compatibility with existing server infrastructure could appeal to enterprises seeking AI capacity without major data-center upgrades. Intel Stocks Fall 2.7% Although Its 350-Watt Inference GPU Reaches Customer Testing
• Positive Sentiment: Recent operating momentum remains a potential support: second-quarter revenue increased about 25% year over year, while analysts at Erste Group raised their fiscal 2026 and 2027 earnings estimates. Stronger CPU demand, improving execution and potential foundry customer wins are key parts of the recovery thesis. 3 Reasons to Buy Intel Stock Before 2027
• Neutral Sentiment: Investors are awaiting Intel’s upcoming third-quarter results for evidence that chip supply, infrastructure demand and new AI products are translating into stronger margins and guidance. The report is also expected to provide updates on the external foundry strategy. INTC Stock: What to Watch Before Earnings
• Negative Sentiment: The Israel facility incident introduced potential concerns about operational disruption and added uncertainty ahead of earnings. Separately, semiconductor stocks have faced profit-taking amid elevated valuations, higher financing costs, Chinese competition and doubts about the returns on aggressive AI infrastructure spending. Why Intel Stock Hit the Skids on Wednesday
• Negative Sentiment: Intel’s foundry business continues to consume substantial capital while generating heavy losses; recent foundry revenue growth was accompanied by an operating loss of nearly $2.1 billion. With the stock trading at a demanding forward valuation, investors need meaningful AI adoption and margin improvement to justify the turnaround premium. Intel Bets on Cheaper AI as Foundry Losses Mount

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. HC Wainwright set a $150.00 price target on Intel in a report on Monday, June 29th. Truist Financial increased their price objective on Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research note on Friday, July 24th. Northland Securities upgraded Intel from a "market perform" rating to an "outperform" rating and set a $120.00 price objective for the company in a research report on Tuesday, September 8th. Rosenblatt Securities boosted their target price on shares of Intel from $65.00 to $80.00 and gave the company a "sell" rating in a research note on Friday, July 24th. Finally, Mizuho boosted their target price on shares of Intel from $92.00 to $114.00 and gave the company a "neutral" rating in a research note on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Intel has an average rating of "Hold" and an average price target of $109.06.

Intel Trading Down 4.6%

Intel stock traded down $4.69 during trading on Wednesday, hitting $98.12. The company's stock had a trading volume of 103,136,346 shares, compared to its average volume of 116,192,820. The stock has a market capitalization of $494.92 billion, a price-to-earnings ratio of -46.50, a P/E/G ratio of 10.81 and a beta of 2.22. The stock's fifty day moving average is $103.44 and its 200 day moving average is $100.64. Intel Corporation has a 1-year low of $32.89 and a 1-year high of $142.35. 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 (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the business posted ($0.10) earnings per share. The firm's revenue for the quarter 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 research analysts predict that Intel Corporation will post 1.04 EPS for the current year.

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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