Intel Corporation $INTC Shares Acquired by Meridian Wealth Management LLC

Meridian Wealth Management LLC increased its holdings in Intel Corporation (NASDAQ:INTC) by 325.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 62,178 shares of the chip maker’s stock after purchasing an additional 47,576 shares during the quarter. Meridian Wealth Management LLC’s holdings in Intel were worth $8,602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in INTC. State Street Corp grew its stake in shares of Intel by 2.8% in the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after purchasing an additional 5,714,400 shares in the last quarter. Capital World Investors raised its stake in shares of Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after purchasing an additional 3,124,798 shares during the period. Morgan Stanley grew its position in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after buying an additional 11,056,090 shares in the last quarter. Finally, Norges Bank bought a new position in Intel in the 4th quarter valued at about $2,233,159,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Former House Speaker Nancy Pelosi disclosed purchases of 10,000 Intel shares and 50 INTC call options, adding to an existing Intel options position. The disclosure may provide a short-term sentiment boost, although it does not change Intel’s fundamentals. Nancy Pelosi Discloses First-Ever Bloom Energy Trade, Adds to Intel Bet Amid AI Power Boom
• Positive Sentiment: Intel joined a city-scale open 5G and NextG testing initiative with Rutgers University, Columbia University, NYU, Airspan Networks and the COSMOS testbed. The collaboration could support Intel’s positioning in open RAN, network infrastructure and potential 6G applications, though commercial benefits remain uncertain. Intel Joins City Scale Open 5G And NextG Testing Push
• Positive Sentiment: Reports that prices for Intel’s Arc Pro B70 GPUs have risen as much as 48% across markets suggest improving demand or constrained supply for its graphics products, potentially offering another catalyst for Intel’s turnaround. Intel Stock Has Soared 140% YTD. The Next Catalyst May Be Hiding in GPU Prices
• Neutral Sentiment: Investors are watching Nvidia’s August 26 earnings report for signals on AI-chip demand and semiconductor valuations. Strong results could lift the sector, while disappointing guidance could extend the sell-off. Semiconductor Stocks Slide Ahead of NVIDIA Earnings
• Negative Sentiment: Mercury Research reportedly found Intel’s CPU market share at a multidecade low, reinforcing concerns about competitive losses to AMD and other chipmakers. Intel Stock Slides as CPU Market Share Reaches Low Not Seen in Decades
• Negative Sentiment: Intel was among the semiconductor names sold broadly ahead of Nvidia’s results. Reports also cited pressure from a potential $20 billion equity offering, which raises dilution concerns and may weigh on investor confidence. Why Is Intel Stock Falling on Monday?
• Negative Sentiment: Billionaire investor Stanley Druckenmiller reportedly sold Intel along with other major chip holdings, adding to concerns that some institutional investors view alternative semiconductor opportunities as more attractive. Stanley Druckenmiller Sold Broadcom, Intel, and Micron

Wall Street Analysts Forecast Growth

A number of analysts have commented on INTC shares. Jefferies Financial Group started coverage on shares of Intel in a research report on Thursday, June 11th. They set a “buy” rating on the stock. Tigress Financial increased their price objective on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Arete Research raised their price objective on shares of Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Freedom Capital raised Intel from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Finally, KeyCorp set a $125.00 target price on Intel in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $107.46.

Insider Activity

In related news, CEO Lip Bu Tan purchased 105,263 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Intel Stock Performance

Shares of INTC opened at $87.26 on Tuesday. The firm’s 50 day moving average is $107.62 and its 200-day moving average is $85.52. The stock has a market capitalization of $440.14 billion, a P/E ratio of -41.36 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 12-month low of $23.68 and a 12-month high of $142.35.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same period in the prior year, the business earned ($0.10) earnings per share. The business’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts anticipate that Intel Corporation will post 1.01 EPS for the current fiscal year.

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.