Intel Corporation $INTC Shares Newly Purchased by VMS Asset Management Limited

VMS Asset Management Limited bought a new stake in Intel Corporation (NASDAQ:INTC) in the third quarter, HoldingsChannel.com reports. The fund bought 60,936 shares of the chip maker’s stock, valued at approximately $7,326,000. Intel comprises 2.9% of VMS Asset Management Limited’s holdings, making the stock its 12th biggest holding.

Other institutional investors also recently made changes to their positions in the company. State Street Corp lifted its holdings in shares of Intel by 1.2% in the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after purchasing an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA acquired a new position in Intel during the 2nd quarter valued at approximately $10,507,291,000. Bank of America Corp DE boosted its position in Intel by 35.7% during the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares during the period. Legal & General Group Plc bought a new position in Intel during the 2nd quarter worth $4,096,110,000. Finally, Assenagon Asset Management S.A. grew its stake in Intel by 45.5% during the 2nd quarter. Assenagon Asset Management S.A. now owns 16,151,467 shares of the chip maker’s stock worth $2,255,229,000 after buying an additional 5,053,424 shares during the last quarter. 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 bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. 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. Pivotal Research began coverage on shares of Intel in a report on Tuesday, September 8th. They set a “buy” rating for the company. Tigress Financial boosted their price target on shares of Intel from $118.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Barclays upgraded shares of Intel from a “hold” rating to an “overweight” rating in a research report on Wednesday, September 16th. Finally, HSBC reaffirmed a “buy” rating on shares of Intel in a report on Friday, July 24th. One equities research 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 MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $109.06.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s Crescent Island GPU is beginning customer testing. The 350-watt, air-cooled accelerator is designed for cost-efficient AI inference and can fit into existing data-center infrastructure, offering a potential alternative to more expensive, power-intensive solutions. Intel Stocks Fall Although Its Inference GPU Reaches Customer Testing
• Positive Sentiment: Intel’s revenue grew about 25% year over year in the latest quarter, its strongest growth in years. Analysts at Erste Group also raised their fiscal 2026 and 2027 EPS estimates to $1.08 and $1.56, respectively. Is Intel’s Record Sales Growth Still Improving?
• Positive Sentiment: ASML said AI demand continues to exceed supply, with Intel among the customers experiencing very strong demand. This supports the longer-term case for Intel’s manufacturing and AI infrastructure strategy. AI Demand to Exceed Supply for Two More Years
• Neutral Sentiment: Intel’s next earnings report is scheduled for October 29. Investors will focus on whether improving chip supply, AI product adoption and foundry progress can support stronger fourth-quarter growth.
• Negative Sentiment: The immediate catalyst is sector-wide: AI and semiconductor stocks are selling off after a hot inflation reading, concerns about financing costs and reports of slowing growth in parts of the AI market. Elevated valuations and Chinese competition are adding pressure. Intel, Marvell, CoreWeave, TSMC, Apple and More Stocks That Explain Today’s Market
• Negative Sentiment: An explosion at Intel’s Kiryat Gat facility in Israel increased concerns about possible operational disruption, although the available reports did not establish the extent of any impact. Why Intel Stock Hit the Skids on Wednesday
• Negative Sentiment: Intel’s foundry transformation remains costly: the division reportedly posted an operating loss of roughly $2.1 billion despite revenue growth. A recent large noncash charge also contributed to a substantial GAAP net loss, reinforcing concerns that the turnaround is already priced aggressively.

Intel Price Performance

Shares of NASDAQ INTC opened at $98.12 on Thursday. The stock has a market cap of $494.92 billion, a P/E ratio of -46.50, a P/E/G ratio of 10.97 and a beta of 2.22. The firm’s 50-day simple moving average is $103.38 and its 200 day simple moving average is $101.03. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week 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.

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

About Intel

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.