Rep. Robert Bresnahan, Jr. Purchases Shares of Intel Co. (NASDAQ:INTC)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Intel Co. (NASDAQ:INTC). In a filing disclosed on March 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Intel stock on February 20th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT #2” account.

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

• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 2/21/2025.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/20/2025.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 2/20/2025.
• Sold $1,001 – $15,000 in shares of Astera Labs (NASDAQ:ALAB) on 2/18/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/14/2025.
• Purchased $1,001 – $15,000 in shares of Reddit (NYSE:RDDT) on 2/14/2025.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/14/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 2/13/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 2/13/2025.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/12/2025.

Intel Stock Performance

INTC stock opened at $19.78 on Wednesday. The stock has a market capitalization of $85.65 billion, a PE ratio of -4.52 and a beta of 1.02. Intel Co. has a 12-month low of $18.51 and a 12-month high of $45.41. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The stock’s 50 day simple moving average is $21.29 and its 200 day simple moving average is $21.81.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. As a group, research analysts forecast that Intel Co. will post -0.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Quest Partners LLC lifted its holdings in shares of Intel by 7,370.6% in the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after acquiring an additional 1,253 shares during the last quarter. Finley Financial LLC bought a new position in shares of Intel in the 4th quarter valued at about $25,000. Vermillion Wealth Management Inc. bought a new position in shares of Intel in the 4th quarter valued at about $27,000. Synergy Investment Management LLC bought a new position in shares of Intel in the 4th quarter valued at about $27,000. Finally, BankPlus Trust Department bought a new position in shares of Intel in the 4th quarter valued at about $28,000. Institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on INTC. Citigroup lowered their price objective on Intel from $22.00 to $21.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 21st. Rosenblatt Securities reiterated a “sell” rating and set a $20.00 target price on shares of Intel in a research note on Thursday, January 30th. Benchmark reiterated a “hold” rating on shares of Intel in a research note on Friday, January 31st. Truist Financial decreased their target price on shares of Intel from $22.00 to $21.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Finally, UBS Group decreased their target price on shares of Intel from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, January 21st. Five research analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Intel has an average rating of “Hold” and an average target price of $26.88.

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.

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.