Engineers Gate Manager LP Purchases 113,546 Shares of Intel Corporation $INTC

Engineers Gate Manager LP lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 1,151.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 123,406 shares of the chip maker’s stock after purchasing an additional 113,546 shares during the period. Engineers Gate Manager LP’s holdings in Intel were worth $17,231,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of INTC. Southern Financial Group LLC raised its position in Intel by 0.6% during the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after purchasing an additional 90 shares during the last quarter. Harrell Investment Partners LLC grew its position in shares of Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock worth $3,250,000 after buying an additional 100 shares during the last quarter. TFR Capital LLC. grew its position in shares of Intel by 0.4% in the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock worth $3,720,000 after buying an additional 100 shares during the last quarter. Wynn Capital LLC increased its stake in shares of Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock valued at $3,793,000 after buying an additional 104 shares during the period. Finally, Bell Investment Advisors Inc increased its stake in shares of Intel by 4.3% during the second quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker’s stock valued at $404,000 after buying an additional 119 shares during the period. 64.53% of the stock is owned by institutional investors.

Insider Activity at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The stock was 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 directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Key Intel News

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.

Wall Street Analysts Forecast Growth

INTC has been the subject of several research reports. Wall Street Zen lowered shares of Intel from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Wolfe Research initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set a “peer perform” rating on the stock. Wedbush increased their price target on shares of Intel from $60.00 to $98.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Susquehanna increased their price target on shares of Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Finally, Citigroup started coverage on shares of Intel in a report on Tuesday. They issued a “buy” rating for the company. One equities research 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 given a Sell rating to the company. According to MarketBeat.com, Intel currently has a consensus rating of “Hold” and an average price target of $107.80.

Intel Stock Performance

Shares of 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 stock has a market cap of $519.23 billion, a P/E ratio of -48.79, a P/E/G ratio of 10.75 and a beta of 2.22. The business’s 50 day moving average price is $97.86 and its 200-day moving average price is $89.89. Intel Corporation has a 52 week low of $24.05 and a 52 week high of $142.35.

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

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.