Primecap Management Co. CA Takes $10.51 Billion Position in Intel Corporation $INTC

Primecap Management Co. CA acquired a new stake in shares of Intel Corporation (NASDAQ:INTC) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 75,250,958 shares of the chip maker’s stock, valued at approximately $10,507,291,000. Intel comprises about 6.2% of Primecap Management Co. CA’s portfolio, making the stock its 3rd largest holding. Primecap Management Co. CA owned about 1.49% of Intel at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of INTC. Sivia Capital Partners LLC raised its stake in Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after purchasing an additional 25,001 shares during the period. United Bank purchased a new position in shares of Intel during the second quarter valued at $205,000. Gamco Investors INC. ET AL grew its holdings in shares of Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after buying an additional 1,508 shares in the last quarter. NewEdge Advisors LLC raised its position in Intel by 29.6% during the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after buying an additional 36,116 shares during the period. Finally, Sei Investments Co. raised its position in Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after buying an additional 74,838 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were acquired 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 owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.05% of the stock is currently owned by company insiders.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s 14A process is receiving more favorable attention, with commentary suggesting the technology could improve the company’s competitiveness in leading-edge manufacturing and support its foundry ambitions. Intel Stock Ticks Up as 14A Process Proves Its Worth
• Positive Sentiment: Investors continue to speculate that major contracts in advanced packaging, high-bandwidth memory, or external foundry services could become a significant catalyst. Analysts cited in recent commentary see potential for Intel to capture meaningful wafer-foundry share by 2030, although execution and customer wins remain unproven. Intel Stock Opinions on Foundry Recovery Prospects
• Positive Sentiment: CEO Lip-Bu Tan’s roughly $10 million open-market purchase provides a vote of confidence in Intel’s turnaround plan. Institutional buying has also been substantial, with Invesco, JPMorgan and Fidelity among the reported buyers in the second quarter. Intel’s CEO Put $10 Million Into His Own Stock
• Neutral Sentiment: Intel’s recent quarterly results remain a fundamental support: revenue rose about 25% year over year to $16.1 billion and earnings exceeded expectations. The company’s longer-term recovery still depends on turning revenue growth into sustainable profitability and free cash flow.
• Negative Sentiment: The large August stock offering—210.5 million shares priced at $95—has raised dilution concerns and highlights Intel’s substantial capital needs for fabs, AI infrastructure and working capital. The stock remains below the offering price and its 50-day moving average, underscoring investor caution. Intel Stock Falls Below CEO’s Purchase Price After Equity Raise
• Negative Sentiment: Higher Treasury yields and a broader semiconductor selloff have pressured high-growth technology valuations, adding short-term volatility to Intel and its chip-sector peers. Intel Falls on Chip Stock Pressure

Intel Stock Up 1.2%

Shares of Intel stock opened at $90.05 on Thursday. The firm has a market cap of $454.21 billion, a price-to-earnings ratio of -42.68, a P/E/G ratio of 9.82 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a 52-week low of $23.72 and a 52-week high of $142.35. The stock has a 50-day simple moving average of $101.92 and a 200-day simple moving average of $87.54.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate 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 was up 25.2% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities research analysts expect that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on INTC shares. Jefferies Financial Group initiated coverage on Intel in a research note on Thursday, June 11th. They issued a “buy” rating for the company. Susquehanna upped their target price on Intel from $80.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Morgan Stanley increased their price target on shares of Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. BTIG Research upgraded shares of Intel from a “neutral” rating to a “buy” rating in a report on Thursday, June 11th. Finally, Wells Fargo & Company boosted their price objective on shares of Intel from $110.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $107.46.

Intel Company 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.