Intel Corporation $INTC Shares Bought by Saudi Central Bank

Saudi Central Bank increased its holdings in Intel Corporation (NASDAQ:INTC) by 84.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 307,538 shares of the chip maker’s stock after acquiring an additional 140,723 shares during the quarter. Saudi Central Bank’s holdings in Intel were worth $42,942,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. iA Global Asset Management Inc. boosted its stake in Intel by 17.0% during the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC bought a new stake in Intel in the fourth quarter valued at about $205,000. Dixon Mitchell Investment Counsel Inc. bought a new position in Intel during the 4th quarter worth approximately $185,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after acquiring an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Intel by 1.3% during the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock valued at $1,255,076,000 after acquiring an additional 423,481 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were 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 directly owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.05% of the stock is owned by corporate insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly confirmed a roughly 10% increase in enterprise CPU prices, potentially improving average selling prices, margins and cash generation as data-center demand remains strong. Intel’s ASML Milestone Gives Investors a New Reason to Revisit the Stock
• Positive Sentiment: Intel Foundry and ASML said Intel has processed more than one million wafers using High-NA EUV equipment. The milestone supports confidence in Intel’s 18A process, Panther Lake production and its long-term foundry turnaround. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High NA EUV
• Positive Sentiment: Northland upgraded Intel to Outperform and cited potential foundry scale from Elon Musk’s proposed Terafab, while other coverage highlighted a $120 price target and 59% AI-related growth. These developments reinforced the view that Intel’s turnaround is becoming more visible.
• Positive Sentiment: Intel’s second-quarter results exceeded expectations, with $16.13 billion in revenue and $0.42 in earnings per share versus consensus of $14.43 billion and $0.21, respectively. Revenue rose 25.2% year over year.
• Neutral Sentiment: The $20 billion capital raise initially raised dilution concerns, but commentary now suggests it may strengthen Intel’s balance sheet and fund strategic manufacturing investments rather than signal financial distress. After the Dip, Intel’s $20 Billion Raise Is Not the Red Flag It Originally Looked Like
• Negative Sentiment: Valuation and execution risks remain significant after the rally. Analysts noted that a $120 target leaves limited near-term upside, while Intel still must prove that High-NA yields, pricing gains and foundry volumes translate into sustainable profits.
• Negative Sentiment: Apple’s continued removal of Intel-based Mac support underscores Intel’s long-term loss of share in the Mac ecosystem, although this is a structural rather than immediate earnings issue.

Analysts Set New Price Targets

INTC has been the topic of a number of research reports. Sanford C. Bernstein reissued a “market perform” rating and set a $110.00 target price on shares of Intel in a report on Monday, July 27th. Piper Sandler began coverage on Intel in a research note on Wednesday. They issued a “neutral” rating and a $110.00 target price for the company. Oppenheimer started coverage on Intel in a report on Thursday, June 11th. They issued an “outperform” rating on the stock. Susquehanna increased their target price on Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Finally, Truist Financial upped their price target on shares of Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $107.80.

Intel Price Performance

INTC opened at $106.24 on Thursday. The stock has a fifty day moving average price of $98.61 and a 200 day moving average price of $89.40. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel Corporation has a 1 year low of $24.05 and a 1 year high of $142.35. The stock has a market cap of $535.87 billion, a price-to-earnings ratio of -50.35, a PEG ratio of 11.19 and a beta of 2.22.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The company had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business’s quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the business earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts forecast that Intel Corporation will post 1.04 EPS for the current fiscal year.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.