Great Lakes Advisors LLC Buys Shares of 191,344 Intel Corporation $INTC

Key Points

• Great Lakes Advisors purchased 191,344 Intel shares in the second quarter, valued at approximately $26.7 million. Institutional investors now own 64.53% of Intel’s stock.
• CEO Lip-Bu Tan bought 105,263 shares for nearly $10 million at $95 per share, signaling management confidence despite the stock recently trading below that level.
• Intel exceeded quarterly earnings and revenue expectations, with revenue up 25.2% year over year, but analysts maintain a consensus “Hold” rating amid ongoing manufacturing losses, competitive pressure and execution risk.

Great Lakes Advisors LLC bought a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 191,344 shares of the chip maker's stock, valued at approximately $26,717,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in INTC. Avaii Wealth Management LLC acquired a new stake in shares of Intel in the 2nd quarter valued at approximately $433,000. Pacific Sun Financial Corp acquired a new position in Intel during the 2nd quarter worth approximately $203,000. Stevens Capital Partners acquired a new position in Intel during the 2nd quarter worth approximately $451,000. BOK Financial Private Wealth Inc. bought a new position in Intel in the 2nd quarter valued at approximately $90,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new position in Intel in the 2nd quarter valued at approximately $34,841,000. Institutional investors own 64.53% of the company's stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
• Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
• Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
• Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
• Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
• Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

Intel Price Performance

INTC stock opened at $89.47 on Friday. The company has a market capitalization of $451.29 billion, a P/E ratio of -42.40 and a beta of 2.22. The company has a fifty day moving average price of $104.64 and a 200-day moving average price of $86.39. 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 $23.68 and a 52-week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data 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 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 for the quarter was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities analysts expect that Intel Corporation will post 1 EPS for the current year.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of research reports. Rosenblatt Securities boosted their target price on shares of Intel from $65.00 to $80.00 and gave the stock a "sell" rating in a research note on Friday, July 24th. Wall Street Zen cut Intel from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Piper Sandler began coverage on Intel in a report on Thursday, June 11th. They set a "neutral" rating on the stock. Needham & Company LLC restated a "hold" rating on shares of Intel in a research report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $107.46.

Insider Buying and Selling

In related news, CEO Lip Bu Tan bought 105,263 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the acquisition, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.05% of the company's stock.

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.

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