Wedmont Private Capital Acquires 18,788 Shares of Intel Corporation $INTC

Key Points

• Wedmont Private Capital increased its Intel stake by 58% in the third quarter, purchasing 18,788 additional shares to hold 51,184 shares valued at approximately $6.15 million. Institutional investors collectively own 64.53% of Intel.
• Intel CEO Lip-Bu Tan purchased 105,263 shares for roughly $10 million, increasing his personal holdings by 8.7%, while company insiders overall own only 0.05% of the stock.
• Analyst sentiment remains mixed, with Intel carrying an average “Hold” rating and a $109.06 price target. The shares recently traded at $105.60 after reporting quarterly earnings and revenue that exceeded consensus estimates.

Wedmont Private Capital grew its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 58.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 51,184 shares of the chip maker's stock after buying an additional 18,788 shares during the quarter. Wedmont Private Capital's holdings in Intel were worth $6,154,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. ABS Investment Management LLC bought a new stake in Intel during the 2nd quarter worth about $694,101,000. Montgomery Financial Services LLC bought a new position in shares of Intel in the second quarter worth about $26,000. Knuff & Co LLC bought a new position in shares of Intel in the second quarter worth about $29,000. Glynn Capital Management LLC acquired a new position in shares of Intel during the second quarter worth approximately $29,000. Finally, Beaird Harris Wealth Management LLC lifted its position in shares of Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock worth $32,000 after purchasing an additional 223 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

Insiders Place Their Bets

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

Analysts Set New Price Targets

INTC has been the subject of a number of research reports. Sanford C. Bernstein reissued a "neutral" rating on shares of Intel in a report on Monday, September 21st. Bank of America decreased their price objective on Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Wall Street Zen cut Intel from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Intel in a research note on Thursday, July 23rd. Finally, Citigroup started coverage on Intel in a report on Tuesday, September 8th. They issued a "buy" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-six have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, Intel currently has an average rating of "Hold" and an average target price of $109.06.

Intel Trading Down 1.4%

INTC stock traded down $1.48 during midday trading on Friday, hitting $105.60. 42,319,479 shares of the company's stock were exchanged, compared to its average volume of 116,441,969. The stock's fifty day moving average price is $102.90 and its 200-day moving average price is $99.42. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The company has a market cap of $532.66 billion, a PE ratio of -50.03, a price-to-earnings-growth ratio of 12.07 and a beta of 2.22. Intel Corporation has a one year low of $32.89 and a one year 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 EPS for the quarter, topping analysts' consensus estimates 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 negative net margin of 19.79% and a positive return on equity of 2.62%. The firm's quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the business posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts predict that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel remains involved in Elon Musk’s Terafab project, according to CEO Lip-Bu Tan, easing immediate concerns that the company could lose a potentially significant advanced-manufacturing opportunity. Intel Stock Is Trending Today: What's Going On?
• Positive Sentiment: Intel’s high-NA EUV manufacturing breakthrough and faster next-generation process rollout are strengthening the foundry turnaround thesis. However, investors still need evidence of customer adoption, factory utilization and attractive returns. Is Intel a Buy After Its High-NA EUV Breakthrough?
• Positive Sentiment: Anaconda expanded its collaboration with Intel, citing more than 500 million downloads of Intel-optimized AI, machine-learning and Python packages. The agreement could improve software accessibility and support enterprise AI adoption on Intel hardware. Anaconda Expands Collaboration with Intel
• Neutral Sentiment: Intel’s October 29 earnings report is the next major catalyst. Analysts are likely to focus less on revenue—which recently exceeded guidance—and more on gross margin, with third-quarter guidance near 42%, as well as foundry progress and forward guidance. The Number That Will Move Intel Stock in October Isn't Revenue
• Negative Sentiment: Reports that TSMC could join Terafab have raised fears that Intel’s role may be reduced or that TSMC could become a stronger manufacturing partner. Intel says it remains part of the project, but uncertainty is weighing on the turnaround narrative. TSMC Could Partner with Elon Musk’s Terafab
• Negative Sentiment: Intel has been pressured alongside other chip stocks as rising oil prices and Treasury yields reduce appetite for richly valued growth stocks. The decline also reflects profit-taking after the stock’s exceptional rally rather than a newly announced guidance cut. Why Are Intel and AMD Stocks Plunging?
• Negative Sentiment: Commentary increasingly describes Intel as a high-expectation turnaround bet: its valuation leaves limited room for execution mistakes, while competition from TSMC, AMD and alternative AI-chip suppliers remains intense. Intel: The Turnaround Is Real, But Valuation Leaves Little Margin For Error

Intel Company Profile

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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