Gemmer Asset Management LLC Buys 26,041 Shares of Intel Corporation $INTC

Posted by Brian Himes on Sep 12th, 2026

Gemmer Asset Management LLC grew its stake in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 252.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 36,374 shares of the chip maker’s stock after acquiring an additional 26,041 shares during the period. Gemmer Asset Management LLC’s holdings in Intel were worth $5,079,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Financially Speaking Inc raised its position in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after purchasing an additional 279 shares in the last quarter. Financial Life Planners bought a new stake in shares of Intel in the first quarter valued at about $25,000. Montgomery Financial Services LLC purchased a new stake in Intel in the second quarter worth about $26,000. Glynn Capital Management LLC bought a new position in Intel during the 2nd quarter worth about $29,000. Finally, Knuff & Co LLC purchased a new position in Intel during the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

INTC has been the subject of several research reports. Wells Fargo & Company increased their price objective on shares of Intel from $110.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Zacks Research cut Intel from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Cantor Fitzgerald reduced their price target on Intel from $150.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Bank of America decreased their price objective on Intel from $160.00 to $145.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Finally, Mizuho cut their target price on Intel from $109.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $107.80.

Get Our Latest Stock Report on INTC

Insider Activity

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.05% of the stock is currently owned by company insiders.

More Intel News

Here are the key news stories impacting Intel this week:

Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Intel Trading Up 2.6%

Shares of NASDAQ:INTC opened at $102.94 on Friday. The business has a 50-day moving average price of $97.86 and a 200-day moving average price of $89.89. The stock has a market cap of $519.23 billion, a price-to-earnings ratio of -48.79, a PEG ratio of 10.75 and a beta of 2.22. Intel Corporation has a 52-week low of $24.05 and a 52-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 – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping 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 company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the prior year, the company earned ($0.10) EPS. Intel’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 analysts predict that Intel Corporation will post 1.04 EPS for the current year.

About Intel

(Free Report)

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.