Intel (NASDAQ:INTC) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Intel Co. NASDAQ: INTC. In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Intel stock on January 8th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 1/21/2025.

Intel Stock Down 2.9 %

NASDAQ:INTC traded down $0.58 during mid-day trading on Friday, hitting $19.43. 117,031,534 shares of the company's stock were exchanged, compared to its average volume of 62,393,976. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.31 and a quick ratio of 0.97. The business has a fifty day moving average price of $20.78 and a 200 day moving average price of $22.51. Intel Co. has a one year low of $18.51 and a one year high of $46.63. The company has a market cap of $83.80 billion, a PE ratio of -5.22, a P/E/G ratio of 9.64 and a beta of 1.07.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.14). Intel had a negative net margin of 29.42% and a negative return on equity of 1.71%. Equities analysts predict that Intel Co. will post -0.87 EPS for the current year.

Analyst Ratings Changes

INTC has been the topic of several recent analyst reports. Hsbc Global Res raised shares of Intel from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, January 21st. Robert W. Baird increased their price target on shares of Intel from $20.00 to $25.00 and gave the company a "neutral" rating in a report on Friday, November 1st. UBS Group decreased their price objective on shares of Intel from $26.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, January 21st. Mizuho lowered their price objective on Intel from $23.00 to $21.00 and set a "neutral" rating on the stock in a research report on Friday, January 10th. Finally, Truist Financial dropped their price target on shares of Intel from $22.00 to $21.00 and set a "hold" rating on the stock in a report on Friday. Five equities research analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $26.60.

Institutional Investors Weigh In On Intel

Several large investors have recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its position in Intel by 264.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 19,617,088 shares of the chip maker's stock worth $393,323,000 after purchasing an additional 14,227,458 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Intel by 28.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 58,469,412 shares of the chip maker's stock valued at $1,371,692,000 after purchasing an additional 12,865,308 shares during the last quarter. Van ECK Associates Corp grew its holdings in Intel by 27.2% during the 3rd quarter. Van ECK Associates Corp now owns 44,013,936 shares of the chip maker's stock valued at $967,426,000 after purchasing an additional 9,422,136 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in Intel by 224.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 10,413,544 shares of the chip maker's stock worth $244,302,000 after purchasing an additional 7,207,785 shares during the last quarter. Finally, State Street Corp lifted its stake in Intel by 2.8% in the third quarter. State Street Corp now owns 197,958,739 shares of the chip maker's stock worth $4,644,112,000 after purchasing an additional 5,417,753 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Michelle Johnston Holthaus sold 25,000 shares of the business's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $26.00, for a total transaction of $650,000.00. Following the completion of the sale, the executive vice president now directly owns 273,258 shares of the company's stock, valued at approximately $7,104,708. The trade was a 8.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.04% of the company's stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.