Rep. Jefferson Shreve Sells Off Shares of Intel Co. (NASDAQ:INTC)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Intel Co. NASDAQ: INTC. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Intel stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

Intel Trading Down 4.0%

Intel stock traded down $0.91 during trading on Wednesday, hitting $21.66. The company had a trading volume of 37,152,197 shares, compared to its average volume of 80,023,025. The stock has a market cap of $94.46 billion, a price-to-earnings ratio of -4.94 and a beta of 1.15. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. Intel Co. has a 1-year low of $17.67 and a 1-year high of $37.16. The company's 50 day simple moving average is $21.31 and its 200-day simple moving average is $21.70.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $12.67 billion during the quarter, compared to analysts' expectations of $12.26 billion. Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. The company's revenue was down .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.18 earnings per share. As a group, analysts expect that Intel Co. will post -0.11 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Rosenblatt Securities decreased their price target on shares of Intel from $18.00 to $14.00 and set a "sell" rating for the company in a research report on Friday, April 25th. Stifel Nicolaus decreased their target price on Intel from $25.00 to $21.00 and set a "hold" rating for the company in a report on Friday, January 31st. Mizuho lowered their target price on Intel from $23.00 to $22.00 and set a "neutral" rating for the company in a research note on Friday, April 25th. Citigroup reaffirmed a "sell" rating on shares of Intel in a research report on Friday, April 25th. Finally, Hsbc Global Res raised Intel from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, January 21st. Six equities research analysts have rated the stock with a sell rating, twenty-six have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $21.67.

Institutional Investors Weigh In On Intel

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. N.E.W. Advisory Services LLC purchased a new stake in shares of Intel in the 1st quarter valued at about $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Intel during the first quarter worth approximately $27,000. Finley Financial LLC purchased a new stake in Intel in the fourth quarter valued at approximately $25,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Intel in the first quarter valued at approximately $30,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in shares of Intel in the fourth quarter valued at approximately $27,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.