Intel (NASDAQ:INTC) Stock Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Intel Corporation NASDAQ: INTC. In a filing disclosed on July 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intel stock on June 6th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.

Intel Stock Up 1.3%

NASDAQ INTC traded up $0.30 during trading hours on Friday, hitting $23.10. 60,111,927 shares of the company traded hands, compared to its average volume of 86,265,232. The business's 50-day moving average is $21.57 and its 200-day moving average is $21.41. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $33.41. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.93 and a current ratio of 1.31. The stock has a market capitalization of $100.76 billion, a price-to-earnings ratio of -5.16 and a beta of 1.15.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $12.67 billion during the quarter, compared to analysts' expectations of $12.26 billion. During the same period last year, the firm posted $0.18 earnings per share. The business's revenue was down .4% on a year-over-year basis. Sell-side analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of recent research reports. Mizuho raised their price objective on Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research note on Thursday, July 3rd. Seaport Res Ptn upgraded Intel to a "strong sell" rating in a research note on Wednesday, April 30th. Cantor Fitzgerald lowered their price objective on Intel from $29.00 to $20.00 and set a "neutral" rating on the stock in a research note on Monday, April 21st. Sanford C. Bernstein lowered their price objective on Intel from $25.00 to $21.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. Finally, Wall Street Zen upgraded Intel from a "sell" rating to a "hold" rating in a research note on Saturday, May 24th. Five equities research analysts have rated the stock with a sell rating, twenty-six have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $21.95.

Institutional Investors Weigh In On Intel

Several hedge funds have recently modified their holdings of INTC. HFM Investment Advisors LLC acquired a new position in Intel during the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC acquired a new position in shares of Intel in the 1st quarter valued at about $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Intel in the 1st quarter valued at about $27,000. West Branch Capital LLC acquired a new position in shares of Intel in the 2nd quarter valued at about $28,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in shares of Intel in the 1st quarter valued at about $30,000. Institutional investors and hedge funds own 64.53% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.