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

Representative Jefferson Shreve (R-Indiana) recently bought shares of Intel Co. NASDAQ: INTC. In a filing disclosed on April 11th, the Representative disclosed that they had bought between $15,001 and $50,000 in Intel stock on March 13th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

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

• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
• Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
• Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
• Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
• Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
• Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.

Intel Stock Performance

Shares of INTC stock traded down $0.30 during trading on Friday, hitting $18.93. The company's stock had a trading volume of 85,400,923 shares, compared to its average volume of 78,688,066. The business has a fifty day moving average of $22.34 and a 200-day moving average of $21.96. 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 52 week low of $17.67 and a 52 week high of $37.16. The company has a market cap of $82.55 billion, a PE ratio of -4.32 and a beta of 1.13.

Intel (NASDAQ:INTC - Get Free Report) last posted 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 return on equity of 3.27% and a negative net margin of 35.32%. As a group, research analysts anticipate that Intel Co. will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on INTC shares. HSBC raised Intel from a "reduce" rating to a "hold" rating in a research report on Tuesday, January 21st. Stifel Nicolaus cut their target price on shares of Intel from $25.00 to $21.00 and set a "hold" rating for the company in a research report on Friday, January 31st. JPMorgan Chase & Co. dropped their price target on shares of Intel from $26.00 to $23.00 and set an "underweight" rating on the stock in a research note on Friday, January 31st. Mizuho lowered their target price on shares of Intel from $23.00 to $21.00 and set a "neutral" rating on the stock in a report on Friday, January 10th. Finally, Cantor Fitzgerald raised their price target on Intel from $22.00 to $29.00 and gave the stock a "neutral" rating in a report on Tuesday, February 18th. Four investment analysts have rated the stock with a sell rating, twenty-eight have assigned a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $25.38.

Institutional Investors Weigh In On Intel

Hedge funds and other institutional investors have recently modified their holdings of the stock. Morse Asset Management Inc purchased a new stake in Intel during the 3rd quarter valued at $354,000. MML Investors Services LLC grew its holdings in shares of Intel by 3.7% during the 3rd quarter. MML Investors Services LLC now owns 304,166 shares of the chip maker's stock worth $7,136,000 after acquiring an additional 10,848 shares during the period. Teachers Retirement System of The State of Kentucky raised its position in shares of Intel by 30.9% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 778,186 shares of the chip maker's stock worth $18,256,000 after acquiring an additional 183,892 shares in the last quarter. Arete Wealth Advisors LLC bought a new stake in shares of Intel during the third quarter valued at approximately $203,000. Finally, Soltis Investment Advisors LLC grew its holdings in shares of Intel by 158.0% during the third quarter. Soltis Investment Advisors LLC now owns 47,791 shares of the chip maker's stock valued at $1,121,000 after buying an additional 29,265 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

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.

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.