Saudi Central Bank Buys 140,723 Shares of Intel Corporation $INTC

Saudi Central Bank grew its position in Intel Corporation (NASDAQ:INTC) by 84.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 307,538 shares of the chip maker’s stock after purchasing an additional 140,723 shares during the quarter. Saudi Central Bank’s holdings in Intel were worth $42,942,000 as of its most recent SEC filing.

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

Intel Stock Performance

NASDAQ:INTC opened at $106.24 on Thursday. Intel Corporation has a 12-month low of $24.05 and a 12-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 firm has a market capitalization of $535.87 billion, a PE ratio of -50.35, a price-to-earnings-growth ratio of 11.19 and a beta of 2.22. The firm has a 50-day moving average price of $98.61 and a 200 day moving average price of $89.40.

Intel (NASDAQ:INTC) last released 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. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the previous year, the business earned ($0.10) earnings per share. The company’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. Research analysts anticipate that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the topic of several recent analyst reports. HC Wainwright set a $150.00 price target on Intel in a research report on Monday, June 29th. Daiwa Securities Group downgraded shares of Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Bank of America dropped their target price on shares of Intel from $160.00 to $145.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. HSBC reissued a “buy” rating on shares of Intel in a report on Friday, July 24th. Finally, Zacks Research downgraded shares of Intel from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Intel currently has a consensus rating of “Hold” and an average price target of $107.80.

Insider Activity

In other news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.05% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly confirmed a roughly 10% increase in enterprise CPU prices, potentially improving average selling prices, margins and cash generation as data-center demand remains strong. Intel’s ASML Milestone Gives Investors a New Reason to Revisit the Stock
• Positive Sentiment: Intel Foundry and ASML said Intel has processed more than one million wafers using High-NA EUV equipment. The milestone supports confidence in Intel’s 18A process, Panther Lake production and its long-term foundry turnaround. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High NA EUV
• Positive Sentiment: Northland upgraded Intel to Outperform and cited potential foundry scale from Elon Musk’s proposed Terafab, while other coverage highlighted a $120 price target and 59% AI-related growth. These developments reinforced the view that Intel’s turnaround is becoming more visible.
• Positive Sentiment: Intel’s second-quarter results exceeded expectations, with $16.13 billion in revenue and $0.42 in earnings per share versus consensus of $14.43 billion and $0.21, respectively. Revenue rose 25.2% year over year.
• Neutral Sentiment: The $20 billion capital raise initially raised dilution concerns, but commentary now suggests it may strengthen Intel’s balance sheet and fund strategic manufacturing investments rather than signal financial distress. After the Dip, Intel’s $20 Billion Raise Is Not the Red Flag It Originally Looked Like
• Negative Sentiment: Valuation and execution risks remain significant after the rally. Analysts noted that a $120 target leaves limited near-term upside, while Intel still must prove that High-NA yields, pricing gains and foundry volumes translate into sustainable profits.
• Negative Sentiment: Apple’s continued removal of Intel-based Mac support underscores Intel’s long-term loss of share in the Mac ecosystem, although this is a structural rather than immediate earnings issue.

About Intel

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.