Rep. Marjorie Taylor Greene Buys Intel Co. (NASDAQ:INTC) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Intel Co. NASDAQ: INTC. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Intel stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 5/5/2025.

Intel Stock Up 2.1 %

Shares of NASDAQ INTC traded up $0.44 during trading on Friday, reaching $21.44. The company had a trading volume of 51,561,056 shares, compared to its average volume of 79,728,463. The business's 50-day moving average is $21.24 and its 200 day moving average is $21.71. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. The stock has a market cap of $93.52 billion, a PE ratio of -4.89 and a beta of 1.15. Intel Co. has a 12-month low of $17.67 and a 12-month high of $37.16.

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

Institutional Investors Weigh In On Intel

Several institutional investors and hedge funds have recently modified their holdings of the company. Relyea Zuckerberg Hanson LLC increased its position in shares of Intel by 211.6% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 28,898 shares of the chip maker's stock worth $579,000 after acquiring an additional 19,625 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Intel by 4.4% in the 3rd quarter. Principal Financial Group Inc. now owns 4,827,123 shares of the chip maker's stock valued at $113,244,000 after buying an additional 204,200 shares during the period. Empirical Asset Management LLC acquired a new position in shares of Intel during the fourth quarter worth about $276,000. Freestone Grove Partners LP purchased a new stake in shares of Intel during the fourth quarter worth approximately $62,654,000. Finally, InvesTrust acquired a new stake in Intel in the fourth quarter valued at approximately $3,696,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on INTC. Hsbc Global Res raised Intel from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 21st. StockNews.com upgraded shares of Intel from a "sell" rating to a "hold" rating in a research report on Monday, April 28th. Citigroup reissued a "sell" rating on shares of Intel in a report on Friday, April 25th. Truist Financial lowered their price target on Intel from $22.00 to $21.00 and set a "hold" rating on the stock in a report on Friday, January 31st. Finally, HSBC raised shares of Intel from a "reduce" rating to a "hold" rating in a report on Tuesday, January 21st. Six equities research analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $22.23.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

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.