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 Price Performance

INTC traded down $0.30 during midday trading on Friday, reaching $18.93. 85,400,923 shares of the company's stock were exchanged, compared to its average volume of 78,465,072. Intel Co. has a 1-year low of $17.67 and a 1-year high of $37.16. The stock has a market capitalization of $82.55 billion, a PE ratio of -4.32 and a beta of 1.13. 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 business's 50-day moving average price is $22.38 and its 200 day moving average price is $21.99.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) 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, equities analysts anticipate that Intel Co. will post -0.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Intel

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Insigneo Advisory Services LLC lifted its stake in shares of Intel by 34.8% in the first quarter. Insigneo Advisory Services LLC now owns 23,064 shares of the chip maker's stock worth $524,000 after buying an additional 5,960 shares during the last quarter. Lesa Sroufe & Co acquired a new position in Intel in the first quarter worth about $1,552,000. Inscription Capital LLC bought a new position in shares of Intel during the 1st quarter worth approximately $641,000. Grove Bank & Trust boosted its stake in shares of Intel by 60.7% in the 1st quarter. Grove Bank & Trust now owns 5,991 shares of the chip maker's stock valued at $136,000 after purchasing an additional 2,263 shares in the last quarter. Finally, QRG Capital Management Inc. increased its holdings in shares of Intel by 12.7% during the first quarter. QRG Capital Management Inc. now owns 406,732 shares of the chip maker's stock worth $9,237,000 after buying an additional 45,751 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Wall Street Analyst Weigh In

INTC has been the topic of a number of recent analyst reports. Stifel Nicolaus reduced their price target on Intel from $25.00 to $21.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. UBS Group decreased their price target on Intel from $23.00 to $22.00 and set a "neutral" rating on the stock in a research note on Monday. Hsbc Global Res upgraded Intel from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 21st. Cantor Fitzgerald raised their target price on shares of Intel from $22.00 to $29.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Finally, Needham & Company LLC restated a "hold" rating on shares of Intel in a report on Monday. Four research 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. Based on data from MarketBeat, Intel presently has an average rating of "Hold" and a consensus target price of $25.38.

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.