Intel (NASDAQ:INTC) Shares Acquired Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Intel Co. NASDAQ: INTC. In a filing disclosed on April 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Intel stock on March 13th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Cadence Design Systems NASDAQ: CDNS on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/13/2025.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Reddit NYSE: RDDT on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Oracle NYSE: ORCL on 3/11/2025.
• Purchased $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/11/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/11/2025.

Intel Stock Performance

INTC traded up $0.95 during trading on Monday, hitting $20.69. The stock had a trading volume of 15,248,813 shares, compared to its average volume of 77,677,238. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98. The firm has a market cap of $90.20 billion, a price-to-earnings ratio of -4.65 and a beta of 1.13. Intel Co. has a one year low of $17.67 and a one year high of $37.16. The company has a 50 day moving average price of $22.37 and a 200-day moving average price of $22.08.

Remove Ads

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. As a group, research analysts predict that Intel Co. will post -0.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on INTC. Bank of America raised shares of Intel from an "underperform" rating to a "neutral" rating and raised their price target for the company from $19.00 to $25.00 in a research report on Thursday, March 13th. Wells Fargo & Company reduced their price target on shares of Intel from $28.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Friday, January 31st. HSBC raised Intel from a "reduce" rating to a "hold" rating in a research note on Tuesday, January 21st. Roth Mkm decreased their target price on Intel from $25.00 to $20.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Finally, Stifel Nicolaus dropped their price objective on shares of Intel from $25.00 to $21.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. Four investment analysts have rated the stock with a sell rating, twenty-eight have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $25.58.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Finley Financial LLC acquired a new stake in shares of Intel in the fourth quarter valued at about $25,000. Vermillion Wealth Management Inc. bought a new position in shares of Intel during the fourth quarter valued at approximately $27,000. Synergy Investment Management LLC bought a new stake in Intel in the fourth quarter valued at $27,000. BankPlus Trust Department acquired a new stake in Intel in the fourth quarter worth about $28,000. Finally, Keystone Financial Group Inc. purchased a new stake in shares of Intel during the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Intel

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.