Intel Corporation $INTC Shares Acquired by Erste Asset Management GmbH

Erste Asset Management GmbH increased its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 16.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 965,254 shares of the chip maker's stock after buying an additional 139,154 shares during the period. Intel comprises about 1.0% of Erste Asset Management GmbH's investment portfolio, making the stock its 19th largest position. Erste Asset Management GmbH's holdings in Intel were worth $134,778,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in INTC. iA Global Asset Management Inc. raised its stake in Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker's stock worth $21,883,000 after acquiring an additional 86,189 shares during the period. Whalerock Point Partners LLC acquired a new position in Intel in the fourth quarter valued at approximately $205,000. Heritage Investment Group Inc. acquired a new position in Intel in the fourth quarter valued at approximately $219,000. Dixon Mitchell Investment Counsel Inc. bought a new position in shares of Intel during the fourth quarter valued at approximately $185,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Intel by 5.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker's stock valued at $9,419,000 after purchasing an additional 13,858 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased 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 owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.05% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on INTC. HC Wainwright set a $150.00 price target on Intel in a research report on Monday, June 29th. Freedom Capital upgraded Intel from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 28th. Needham & Company LLC reaffirmed a "hold" rating on shares of Intel in a research report on Friday, July 24th. Benchmark raised their target price on Intel from $105.00 to $140.00 and gave the company a "buy" rating in a research note on Monday, May 18th. Finally, Susquehanna boosted their price target on shares of Intel from $80.00 to $115.00 and gave the company a "neutral" rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Intel currently has an average rating of "Hold" and an average price target of $107.85.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased 105,263 Intel shares at $95 each, investing approximately $10 million and increasing his direct stake by 8.7%. The purchase is viewed as a vote of confidence in Intel’s recovery strategy. Intel insider purchase filing
• Positive Sentiment: Analyst and media coverage highlighted Intel’s approximately $20 billion equity raise as potential funding for expanded foundry capacity, production growth and new customer wins. Some analysts believe demand for Intel’s server processors is currently exceeding its manufacturing capacity. Intel foundry capital raise article
• Positive Sentiment: Intel’s second-quarter results showed strong momentum: revenue rose roughly 25% year over year to $16.1 billion, with Data Center and AI revenue reportedly increasing 59%. The results exceeded analyst expectations and reinforced the AI-related CPU growth narrative. Intel revenue growth article
• Neutral Sentiment: Intel is considering a return to the memory-chip market, supported by the capital raise and the appointment of former SK Hynix CEO Seok-Hee Lee to Intel Foundry. The opportunity could expand Intel’s addressable market, but the plan remains exploratory and would require substantial investment. Intel memory market article
• Negative Sentiment: The $20 billion common-stock offering creates significant dilution for existing shareholders and has encouraged profit-taking after Intel’s substantial rally. Investors are also focused on whether management can convert the new capital into profitable foundry growth and sustained free cash flow. Intel stock offering discussion

Intel Trading Down 2.0%

Shares of INTC stock opened at $102.50 on Friday. 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 1 year low of $22.77 and a 1 year high of $142.35. The stock has a fifty day moving average of $110.26 and a two-hundred day moving average of $83.29. The firm has a market capitalization of $517.01 billion, a PE ratio of -48.58 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last issued 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 for the quarter, compared to analyst estimates of $14.43 billion. During the same period last year, the company earned ($0.10) earnings per share. The company's quarterly 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. As a group, research analysts expect that Intel Corporation will post 1.01 EPS for the current year.

Intel Company Profile

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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