Sanders Morris Harris LLC Acquires 16,610 Shares of Intel Corporation $INTC

Sanders Morris Harris LLC acquired a new position in shares of Intel Corporation (NASDAQ:INTC) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 16,610 shares of the chip maker’s stock, valued at approximately $2,001,000.

Other large investors have also made changes to their positions in the company. ABS Investment Management LLC purchased a new stake in Intel during the second quarter valued at about $694,101,000. Montgomery Financial Services LLC acquired a new stake in Intel during the second quarter worth about $26,000. Knuff & Co LLC purchased a new position in shares of Intel in the 2nd quarter worth about $29,000. Glynn Capital Management LLC purchased a new position in shares of Intel in the 2nd quarter worth about $29,000. Finally, Beaird Harris Wealth Management LLC raised its holdings in shares of Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after purchasing an additional 223 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

INTC has been the topic of several research analyst reports. Wall Street Zen lowered Intel from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. DA Davidson increased their target price on shares of Intel from $77.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Seaport Research Partners reissued a “buy” rating and set a $125.00 target price on shares of Intel in a research report on Friday, July 24th. JPMorgan Chase & Co. raised their price target on shares of Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a report on Friday, July 24th. Finally, HC Wainwright set a $150.00 price target on shares of Intel in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $109.06.

Intel Stock Down 4.6%

Shares of NASDAQ INTC traded down $4.69 during trading on Wednesday, reaching $98.12. 103,136,346 shares of the stock were exchanged, compared to its average volume of 116,192,820. The business’s 50-day moving average price is $103.44 and its 200 day moving average price is $100.64. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. 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 market capitalization of $494.92 billion, a price-to-earnings ratio of -46.50, a price-to-earnings-growth ratio of 10.81 and a beta of 2.22.

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 during 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 quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the prior year, the firm earned ($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 1.04 EPS for the current fiscal year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s new 350-watt Crescent Island GPU has entered customer testing, highlighting its strategy of targeting lower-cost AI inference workloads. The air-cooled design, high memory capacity and compatibility with existing server infrastructure could appeal to enterprises seeking AI capacity without major data-center upgrades. Intel Stocks Fall 2.7% Although Its 350-Watt Inference GPU Reaches Customer Testing
• Positive Sentiment: Recent operating momentum remains a potential support: second-quarter revenue increased about 25% year over year, while analysts at Erste Group raised their fiscal 2026 and 2027 earnings estimates. Stronger CPU demand, improving execution and potential foundry customer wins are key parts of the recovery thesis. 3 Reasons to Buy Intel Stock Before 2027
• Neutral Sentiment: Investors are awaiting Intel’s upcoming third-quarter results for evidence that chip supply, infrastructure demand and new AI products are translating into stronger margins and guidance. The report is also expected to provide updates on the external foundry strategy. INTC Stock: What to Watch Before Earnings
• Negative Sentiment: The Israel facility incident introduced potential concerns about operational disruption and added uncertainty ahead of earnings. Separately, semiconductor stocks have faced profit-taking amid elevated valuations, higher financing costs, Chinese competition and doubts about the returns on aggressive AI infrastructure spending. Why Intel Stock Hit the Skids on Wednesday
• Negative Sentiment: Intel’s foundry business continues to consume substantial capital while generating heavy losses; recent foundry revenue growth was accompanied by an operating loss of nearly $2.1 billion. With the stock trading at a demanding forward valuation, investors need meaningful AI adoption and margin improvement to justify the turnaround premium. Intel Bets on Cheaper AI as Foundry Losses Mount

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.