Gemmer Asset Management LLC Purchases 26,041 Shares of Intel Corporation $INTC

Gemmer Asset Management LLC increased its position in Intel Corporation (NASDAQ:INTC) by 252.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 36,374 shares of the chip maker’s stock after buying an additional 26,041 shares during the period. Gemmer Asset Management LLC’s holdings in Intel were worth $5,079,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Financially Speaking Inc raised its stake in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after purchasing an additional 279 shares during the period. Financial Life Planners bought a new position in Intel in the 1st quarter worth approximately $25,000. Montgomery Financial Services LLC bought a new position in Intel in the 2nd quarter worth approximately $26,000. Glynn Capital Management LLC purchased a new stake in Intel during the 2nd quarter valued at approximately $29,000. Finally, Knuff & Co LLC bought a new stake in Intel in the 2nd quarter valued at $29,000. Institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on INTC. Sanford C. Bernstein reissued a “market perform” rating and set a $110.00 price objective on shares of Intel in a report on Monday, July 27th. Wolfe Research began coverage on Intel in a report on Thursday, June 11th. They issued a “peer perform” rating on the stock. Barclays boosted their target price on Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Needham & Company LLC restated a “hold” rating on shares of Intel in a report on Friday, July 24th. Finally, Wall Street Zen downgraded Intel from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $107.80.

Insider Buying and Selling at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction dated 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 completion of the acquisition, 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 acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.05% of the company’s stock.

Intel Stock Up 2.6%

NASDAQ INTC opened at $102.94 on Friday. 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 company has a fifty day moving average of $97.86 and a two-hundred day moving average of $89.89. The firm has a market capitalization of $519.23 billion, a price-to-earnings ratio of -48.79, a PEG ratio of 10.75 and a beta of 2.22. Intel Corporation has a 52 week low of $24.05 and a 52 week high of $142.35.

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

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Intel Profile

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.