Rep. Cleo Fields Sells Intel Corporation (NASDAQ:INTC) Stock

Representative Cleo Fields (D-Louisiana) recently sold shares of Intel Corporation NASDAQ: INTC. In a filing disclosed on July 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Intel stock on June 30th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of AT&T NYSE: T on 6/30/2025.
• Purchased $100,001 - $250,000 in shares of NVIDIA NASDAQ: NVDA on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Palantir Technologies NASDAQ: PLTR on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Cisco Systems NASDAQ: CSCO on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 6/30/2025.
• Purchased $100,001 - $250,000 in shares of Amazon.com NASDAQ: AMZN on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
• Purchased $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.

Intel Price Performance

NASDAQ INTC traded up $0.30 during midday trading on Friday, hitting $23.10. The company had a trading volume of 60,111,927 shares, compared to its average volume of 86,190,454. The company has a market capitalization of $100.76 billion, a PE 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. The firm has a 50-day moving average price of $21.53 and a 200-day moving average price of $21.38. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $36.30.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The chip maker reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.12. Intel had a negative return on equity of 3.15% and a negative net margin of 36.19%. The firm had revenue of $12.67 billion during the quarter, compared to analysts' expectations of $12.26 billion. During the same period in the previous year, the firm earned $0.18 EPS. The company's quarterly revenue was down .4% compared to the same quarter last year. As a group, analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research analyst reports. Wedbush lowered their price target on Intel from $20.00 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, April 23rd. Morgan Stanley lowered their price target on Intel from $25.00 to $23.00 and set an "equal weight" rating for the company in a report on Friday, April 25th. Wells Fargo & Company lowered their price target on Intel from $25.00 to $22.00 and set an "equal weight" rating for the company in a report on Friday, April 25th. Rosenblatt Securities lowered their price target on Intel from $18.00 to $14.00 and set a "sell" rating for the company in a report on Friday, April 25th. Finally, Seaport Res Ptn raised Intel to a "strong sell" rating in a report on Wednesday, April 30th. Five analysts have rated the stock with a sell rating, twenty-six have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $21.95.

Institutional Investors Weigh In On Intel

Institutional investors have recently made changes to their positions in the stock. Freestone Grove Partners LP bought a new position in Intel in the fourth quarter worth approximately $62,654,000. Toronto Dominion Bank boosted its holdings in Intel by 286.8% in the fourth quarter. Toronto Dominion Bank now owns 10,529,354 shares of the chip maker's stock worth $211,114,000 after acquiring an additional 7,806,882 shares in the last quarter. 180 Wealth Advisors LLC boosted its holdings in Intel by 124.9% in the first quarter. 180 Wealth Advisors LLC now owns 127,916 shares of the chip maker's stock worth $2,905,000 after acquiring an additional 71,049 shares in the last quarter. Alteri Wealth LLC bought a new position in Intel in the fourth quarter worth approximately $2,379,000. Finally, Gordian Capital Singapore Pte Ltd raised its stake in shares of Intel by 120.7% in the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 64,000 shares of the chip maker's stock worth $1,282,000 after purchasing an additional 35,000 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.