Commerce Bank Invests $21 Million in Intel Corporation $INTC

Key Points

• Commerce Bank acquired 150,392 Intel shares worth approximately $21 million in the second quarter, while institutional investors collectively own 64.53% of the stock.
• Intel CEO Lip-Bu Tan separately purchased about $10 million of shares, signaling management confidence, although a reported potential SK Hynix foundry partnership was later denied.
• Intel’s quarterly results exceeded expectations, but analysts remain cautious: the consensus rating is “Hold”, with concerns about foundry losses, heavy capital spending and competition from AMD and Nvidia.

Commerce Bank acquired a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 150,392 shares of the chip maker's stock, valued at approximately $20,999,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Southern Financial Group LLC increased its position in shares of Intel by 0.6% during the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after acquiring an additional 90 shares during the last quarter. Harrell Investment Partners LLC lifted its holdings in shares of Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after acquiring an additional 100 shares during the last quarter. TFR Capital LLC. boosted its position in shares of Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock worth $3,720,000 after purchasing an additional 100 shares during the period. Wynn Capital LLC boosted its position in shares of Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock worth $3,793,000 after purchasing an additional 104 shares during the period. Finally, Bell Investment Advisors Inc increased its holdings in Intel by 4.3% in the 2nd quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker's stock valued at $404,000 after purchasing an additional 119 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that South Korean memory-chip maker SK Hynix was considering Intel Foundry to manufacture base dies for next-generation HBM4E memory initially boosted hopes for a major external customer and validated Intel’s manufacturing ambitions. CEO Lip-Bu Tan’s reported purchase of roughly $12 million in Intel shares also signaled management confidence. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: Intel could benefit from the rapid expansion of AI infrastructure and from large-scale chip-production projects in the United States, including Elon Musk’s reported planned facility near Houston. More domestic manufacturing demand would support the strategic rationale for Intel’s foundry investments, though the project is not confirmed as an Intel contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Neutral Sentiment: SK Hynix subsequently denied the reported HBM4E partnership, removing the immediate catalyst and underscoring that Intel’s potential foundry wins remain uncommitted. SK Hynix Denies Report of Intel Foundry Partnership
• Negative Sentiment: Analysts continue to question whether AI-related revenue can arrive quickly enough to offset Intel’s rising capital spending and foundry losses. Outside customers currently contribute little foundry revenue, making utilization and execution key risks for the stock. Intel Stock Is Paying Now for Revenue Due Later
• Negative Sentiment: Competitive concerns remain: coverage argues AMD continues to take share from Intel, while Nvidia’s strong growth in newer data-center products could further pressure Intel’s position in AI hardware. AMD: Still Eating Intel's Lunch

Insiders Place Their Bets

In related news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.05% of the company's stock.

Intel Stock Up 0.0%

Shares of NASDAQ INTC opened at $89.51 on Tuesday. The business has a 50-day moving average of $103.61 and a two-hundred day moving average of $86.94. The company has a market capitalization of $451.49 billion, a price-to-earnings ratio of -42.42, a price-to-earnings-growth ratio of 9.89 and a beta of 2.22. Intel Corporation has a 1 year low of $23.68 and a 1 year high of $142.35. 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 - Get Free Report) last issued 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. The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business's quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts forecast that Intel Corporation will post 1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on INTC. Jefferies Financial Group began coverage on Intel in a research note on Thursday, June 11th. They set a "buy" rating on the stock. Rosenblatt Securities boosted their price objective on Intel from $65.00 to $80.00 and gave the company a "sell" rating in a report on Friday, July 24th. UBS Group decreased their target price on Intel from $121.00 to $112.00 and set a "neutral" 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 report on Saturday, August 8th. Finally, Citigroup raised Intel from a "positive" rating to a "buy" rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Intel presently has an average rating of "Hold" and a consensus price target of $107.46.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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