75,250,958 Shares in Intel Corporation $INTC Acquired by Primecap Management Co. CA

Primecap Management Co. CA bought a new position in shares of Intel Corporation (NASDAQ:INTC) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 75,250,958 shares of the chip maker’s stock, valued at approximately $10,507,291,000. Intel accounts for 6.2% of Primecap Management Co. CA’s investment portfolio, making the stock its 3rd biggest position.

A number of other institutional investors also recently modified their holdings of the company. Financially Speaking Inc boosted its holdings in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after buying an additional 279 shares during the period. Financial Life Planners bought a new position in Intel in the 1st quarter worth $25,000. Glynn Capital Management LLC bought a new position in Intel in the 2nd quarter worth $29,000. Knuff & Co LLC acquired a new position in Intel during the 2nd quarter worth $29,000. Finally, Swiss RE Ltd. acquired a new position in Intel during the 4th quarter worth $29,000. Institutional investors own 64.53% of the company’s stock.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price 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 in the company, valued at $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.05% of the stock is owned by company insiders.

Intel Trading Up 1.2%

Intel stock opened at $90.05 on Thursday. The business has a 50 day moving average price of $101.92 and a two-hundred day moving average price of $87.54. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The stock has a market cap of $454.21 billion, a price-to-earnings ratio of -42.68, a price-to-earnings-growth ratio of 9.82 and a beta of 2.22. Intel Corporation has a 12 month low of $23.72 and a 12 month high of $142.35.

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

Analyst Ratings Changes

INTC has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price target on Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research report on Friday, July 24th. Sanford C. Bernstein reissued a “market perform” rating and set a $110.00 price objective on shares of Intel in a research report on Monday, July 27th. Susquehanna increased their target price on Intel from $80.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a report on Friday, July 24th. Finally, Benchmark lifted their price target on Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $107.46.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s 14A process is receiving more favorable attention, with commentary suggesting the technology could improve the company’s competitiveness in leading-edge manufacturing and support its foundry ambitions. Intel Stock Ticks Up as 14A Process Proves Its Worth
• Positive Sentiment: Investors continue to speculate that major contracts in advanced packaging, high-bandwidth memory, or external foundry services could become a significant catalyst. Analysts cited in recent commentary see potential for Intel to capture meaningful wafer-foundry share by 2030, although execution and customer wins remain unproven. Intel Stock Opinions on Foundry Recovery Prospects
• Positive Sentiment: CEO Lip-Bu Tan’s roughly $10 million open-market purchase provides a vote of confidence in Intel’s turnaround plan. Institutional buying has also been substantial, with Invesco, JPMorgan and Fidelity among the reported buyers in the second quarter. Intel’s CEO Put $10 Million Into His Own Stock
• Neutral Sentiment: Intel’s recent quarterly results remain a fundamental support: revenue rose about 25% year over year to $16.1 billion and earnings exceeded expectations. The company’s longer-term recovery still depends on turning revenue growth into sustainable profitability and free cash flow.
• Negative Sentiment: The large August stock offering—210.5 million shares priced at $95—has raised dilution concerns and highlights Intel’s substantial capital needs for fabs, AI infrastructure and working capital. The stock remains below the offering price and its 50-day moving average, underscoring investor caution. Intel Stock Falls Below CEO’s Purchase Price After Equity Raise
• Negative Sentiment: Higher Treasury yields and a broader semiconductor selloff have pressured high-growth technology valuations, adding short-term volatility to Intel and its chip-sector peers. Intel Falls on Chip Stock Pressure

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.