Polymer Capital Management HK LTD Buys Shares of 51,594 Intel Corporation $INTC

Polymer Capital Management HK LTD bought a new stake in shares of Intel Corporation (NASDAQ:INTC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 51,594 shares of the chip maker’s stock, valued at approximately $7,204,000.

Other large investors also recently bought and sold shares of the company. State Street Corp increased its holdings in Intel by 2.8% in the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after buying an additional 5,714,400 shares during the last quarter. Capital World Investors boosted its holdings in shares of Intel by 20.3% in the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after acquiring an additional 17,557,147 shares during the period. Geode Capital Management LLC grew its position in Intel by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after purchasing an additional 3,124,798 shares during the last quarter. Morgan Stanley increased its position in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after acquiring an additional 11,056,090 shares during the period. Finally, Norges Bank acquired a new position in shares of Intel in the fourth quarter valued at approximately $2,233,159,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

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

Trending Headlines about 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

Several research firms have recently commented on INTC. TD Cowen raised their price target on Intel from $75.00 to $115.00 and gave the company a “hold” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 price objective on shares of Intel in a research report on Tuesday, May 12th. Truist Financial upped their target price on shares of Intel from $81.00 to $108.00 and gave the company a “hold” rating in a report on Friday, July 24th. Daiwa Securities Group downgraded Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Finally, Benchmark increased their price target on shares of Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. One 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $107.46.

Intel Stock Performance

Shares of NASDAQ INTC opened at $88.97 on Wednesday. Intel Corporation has a 52-week low of $23.68 and a 52-week high of $142.35. The stock has a market capitalization of $448.76 billion, a P/E ratio of -42.17, a P/E/G ratio of 9.88 and a beta of 2.22. 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 firm’s 50-day moving average price is $102.74 and its two-hundred day moving average price is $87.23.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion during 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%.The company’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the prior 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, sell-side analysts forecast that Intel Corporation will post 1.01 earnings per share for the current year.

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.