Intel Corporation $INTC Stock: NorthCrest Asset Manangement LLC Grows Stake

Key Points

• NorthCrest Asset Management increased its Intel stake by 40.3% in the third quarter, bringing its holdings to 110,475 shares valued at approximately $13.3 million. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel CEO Lip-Bu Tan purchased 105,263 shares for roughly $10 million, increasing his direct ownership by 8.7% and signaling confidence in the company’s turnaround.
• Intel’s AI products, foundry expansion and stronger-than-expected latest earnings offer potential catalysts, but the company faces heavy competition, a reported $2.1 billion foundry operating loss and concerns over AI financing constraints. Analysts maintain a consensus “Hold” rating with a $109.06 price target.

NorthCrest Asset Manangement LLC raised its position in Intel Corporation (NASDAQ:INTC - Free Report) by 40.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,475 shares of the chip maker's stock after buying an additional 31,716 shares during the quarter. NorthCrest Asset Manangement LLC's holdings in Intel were worth $13,282,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Perpetual Ltd lifted its holdings in shares of Intel by 8.1% during the third quarter. Perpetual Ltd now owns 36,810 shares of the chip maker's stock worth $4,426,000 after buying an additional 2,758 shares in the last quarter. Woodstock Corp bought a new stake in shares of Intel in the third quarter valued at about $322,000. Scott Capital Advisors LLC grew its stake in shares of Intel by 39.8% in the third quarter. Scott Capital Advisors LLC now owns 3,364 shares of the chip maker's stock valued at $381,000 after acquiring an additional 958 shares in the last quarter. Roan Capital Partners grew its stake in shares of Intel by 28.6% in the third quarter. Roan Capital Partners now owns 3,131 shares of the chip maker's stock valued at $376,000 after acquiring an additional 696 shares in the last quarter. Finally, Wealth Science Advisors LLC grew its stake in shares of Intel by 50.7% in the third quarter. Wealth Science Advisors LLC now owns 20,633 shares of the chip maker's stock valued at $2,481,000 after acquiring an additional 6,938 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is expanding its AI product lineup with GPU D-series accelerators offering up to 480GB of memory and 1.3 petaflops of performance, alongside new Xeon 6+ rack systems designed for large-scale enterprise and agentic-AI workloads. Intel Accelerates Open Infrastructure for the Agentic AI Era
• Positive Sentiment: Intel’s foundry strategy remains a potential long-term catalyst: foundry revenue reportedly grew 31%, while the company is positioning itself to manufacture chips for outside customers. Investors are also watching whether its deeper partnership with Applied Materials can improve manufacturing execution. Intel and Applied Materials Just Deepened Their AI Partnership
• Positive Sentiment: Some analysts remain optimistic that AI-driven demand could lift Intel’s third-quarter results above consensus, supporting the turnaround narrative and current earnings estimates. Q3 Earnings Could Blow Past Consensus
• Neutral Sentiment: Elon Musk’s plans to develop custom chips for Tesla and SpaceX highlight both the strength of AI-chip demand and the growing threat from customers building in-house alternatives, potentially affecting established suppliers such as Intel. Elon Musk Just Handed Intel a New Problem
• Negative Sentiment: Intel CEO Lip-Bu Tan and Broadcom CEO Hock Tan warned that financing constraints and the need to prove returns on AI investments may become the industry’s biggest bottleneck. The comments triggered broader selling across chip stocks. Intel and Broadcom CEOs Warn Capital Crunch Could Become AI’s Biggest Bottleneck
• Negative Sentiment: Intel faces intensifying competition from Nvidia, AMD, Microsoft’s custom Maia chips and other specialized AI solutions. Nvidia’s advances in data-center power efficiency further reinforce concerns about Intel’s ability to gain AI market share. Intel Stock Slides as Nvidia Unveils AI Power Technology
• Negative Sentiment: Although Intel’s foundry sales are growing, the business reportedly posted a $2.1 billion operating loss, underscoring the substantial cost and execution risk of the foundry-first turnaround. Intel Stock Under Pressure as Turnaround Faces New Test

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the firm's stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.05% of the stock is owned by company insiders.

Intel Stock Down 3.2%

NASDAQ INTC opened at $101.35 on Tuesday. The business has a fifty day moving average price of $103.40 and a two-hundred day moving average price of $100.25. The stock has a market capitalization of $511.21 billion, a PE ratio of -48.03, a PEG ratio of 11.17 and a beta of 2.22. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week 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 quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating 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 company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter last year, the company posted ($0.10) EPS. The company'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. Equities analysts expect that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on INTC. Wells Fargo & Company raised their price target on shares of Intel from $110.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. JPMorgan Chase & Co. boosted their price objective on shares of Intel from $45.00 to $85.00 and gave the company an "underweight" rating in a report on Friday, July 24th. UBS Group upgraded shares of Intel from a "hold" rating to a "buy" rating in a research report on Tuesday, September 8th. Cantor Fitzgerald lowered their target price on shares of Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Friday, July 24th. Finally, New Street Research raised their target price on shares of Intel from $100.00 to $122.00 in a report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Intel presently has a consensus rating of "Hold" and a consensus target price of $109.06.

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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