Polymer Capital Management HK LTD Acquires New Shares in Intel Corporation $INTC

Polymer Capital Management HK LTD purchased a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 51,594 shares of the chip maker's stock, valued at approximately $7,204,000.

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

Intel Price Performance

Intel stock opened at $88.97 on Wednesday. Intel Corporation has a 12-month low of $23.68 and a 12-month high of $142.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $102.74 and a 200-day moving average price of $87.23. The firm has a market capitalization of $448.76 billion, a PE ratio of -42.17, a price-to-earnings-growth ratio of 9.88 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. During the same period in the prior year, the business posted ($0.10) earnings per share. The business's revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts forecast that Intel Corporation will post 1.01 EPS for the current year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan reportedly purchased approximately $10 million of company stock, a transaction investors may view as a sign of management confidence in the foundry recovery and long-term strategy. CEO Lip-Bu Tan Just Gave 12 Million Reasons to Buy Intel Stock
• Positive Sentiment: Commentary continues to highlight potential foundry contracts, advanced packaging and high-bandwidth-memory opportunities. A possible relationship with SK Hynix had fueled optimism that Intel could attract a major external customer, although the report was subsequently denied by SK Hynix. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: A partnership expansion with Kasm Technologies supports private, on-premises AI inference using Intel Xeon 6 processors, reinforcing Intel’s opportunity in regulated markets where customers want data to remain within corporate networks. Intel’s Privacy-Focused AI and Foundry Momentum

Wall Street Analyst Weigh In

INTC has been the topic of a number of recent research reports. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Intel in a report on Thursday, July 23rd. Northland Securities downgraded shares of Intel from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their target price on shares of Intel from $45.00 to $85.00 and gave the company an "underweight" rating in a research note on Friday, July 24th. Seaport Research Partners reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Intel in a research note on Friday, July 24th. Finally, Bank of America cut their price objective on shares of Intel from $160.00 to $145.00 and set a "buy" rating for the company in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $107.46.

Insider Activity

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the business's stock in a transaction dated 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 purchase, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.05% of the stock is currently owned by insiders.

Intel 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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