Rep. Robert Bresnahan, Jr. Sells Intel Corporation (NASDAQ:INTC) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Intel Corporation (NASDAQ:INTC). In a filing disclosed on July 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intel stock on June 11th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT #2” account.

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

  • Sold $1,001 – $15,000 in shares of Zoom Communications (NASDAQ:ZM) on 6/25/2025.
  • Purchased $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 6/24/2025.
  • Purchased $1,001 – $15,000 in shares of Circle Internet Group (NYSE:CRCL) on 6/24/2025.
  • Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/23/2025.
  • Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 6/13/2025.
  • Sold $1,001 – $15,000 in shares of Atlassian (NASDAQ:TEAM) on 6/11/2025.
  • Purchased $1,001 – $15,000 in shares of ServiceTitan (NASDAQ:TTAN) on 6/11/2025.
  • Sold $1,001 – $15,000 in shares of Datadog (NASDAQ:DDOG) on 6/11/2025.
  • Sold $1,001 – $15,000 in shares of GitLab (NASDAQ:GTLB) on 6/11/2025.
  • Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 6/11/2025.

Intel Stock Performance

Intel stock opened at $23.10 on Friday. The firm has a 50-day moving average of $21.57 and a 200-day moving average of $21.41. The firm has a market cap of $100.76 billion, a P/E ratio of -5.16 and a beta of 1.15. The company has a current ratio of 1.31, a quick ratio of 0.93 and a debt-to-equity ratio of 0.42. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $33.41.

Intel (NASDAQ:INTCGet Free Report) last announced its earnings results on Thursday, April 24th. The chip maker reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.12. Intel had a negative net margin of 36.19% and a negative return on equity of 3.15%. The firm had revenue of $12.67 billion for the quarter, compared to analyst estimates of $12.26 billion. During the same quarter in the previous year, the firm posted $0.18 EPS. The company’s revenue for the quarter was down .4% compared to the same quarter last year. Sell-side analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in INTC. Norges Bank bought a new position in Intel during the 4th quarter worth about $1,246,569,000. Nuveen LLC bought a new position in Intel during the 1st quarter worth about $538,430,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Intel in the 2nd quarter valued at about $345,245,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Intel by 99.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock valued at $677,426,000 after buying an additional 14,901,457 shares in the last quarter. Finally, Two Sigma Advisers LP bought a new stake in shares of Intel in the 4th quarter valued at about $289,752,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on INTC. Cfra Research raised shares of Intel to a “hold” rating in a report on Friday, April 25th. Seaport Res Ptn raised shares of Intel to a “strong sell” rating in a report on Wednesday, April 30th. Wells Fargo & Company decreased their price objective on shares of Intel from $25.00 to $22.00 and set an “equal weight” rating for the company in a report on Friday, April 25th. Morgan Stanley decreased their price objective on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating for the company in a report on Friday, April 25th. Finally, Cantor Fitzgerald reduced their target price on shares of Intel from $29.00 to $20.00 and set a “neutral” rating for the company in a report on Monday, April 21st. Five equities research analysts have rated the stock with a sell rating, twenty-six have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Intel has an average rating of “Hold” and a consensus target price of $21.95.

Get Our Latest Stock Report on Intel

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.

Intel Company Profile

(Get Free Report)

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.

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