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 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Intel stock on February 26th. 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 Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Intel Stock Performance

Shares of INTC opened at $22.71 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98. Intel Co. has a one year low of $18.51 and a one year high of $45.41. The firm has a market capitalization of $98.33 billion, a PE ratio of -5.18 and a beta of 1.02. The company has a 50-day simple moving average of $22.33 and a two-hundred day simple moving average of $22.15.

Intel (NASDAQ:INTC) last released its earnings results 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%. On average, analysts anticipate that Intel Co. will post -0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Intel

A number of institutional investors have recently added to or reduced their stakes in the stock. Quest Partners LLC grew its holdings in shares of Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock worth $30,000 after purchasing an additional 1,253 shares during the period. Quantbot Technologies LP acquired a new position in Intel during the third quarter worth $3,682,000. Townsquare Capital LLC raised its holdings in shares of Intel by 2.7% in the 3rd quarter. Townsquare Capital LLC now owns 61,109 shares of the chip maker’s stock valued at $1,434,000 after buying an additional 1,633 shares during the period. Blueshift Asset Management LLC grew its position in Intel by 118.2% in the 3rd quarter. Blueshift Asset Management LLC now owns 67,934 shares of the chip maker’s stock valued at $1,594,000 after acquiring an additional 36,798 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Intel by 4.4% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,624,859 shares of the chip maker’s stock valued at $108,499,000 after purchasing an additional 193,110 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on INTC shares. UBS Group reduced their price objective on Intel from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, January 21st. Mizuho decreased their price objective on Intel from $23.00 to $21.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. Bank of America raised shares of Intel from an “underperform” rating to a “neutral” rating and increased their price target for the company from $19.00 to $25.00 in a report on Thursday, March 13th. Rosenblatt Securities reaffirmed a “sell” rating and set a $20.00 price objective on shares of Intel in a research note on Thursday, January 30th. Finally, Roth Mkm dropped their target price on Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Four investment 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 stock. According to MarketBeat, Intel has a consensus rating of “Hold” and an average price target of $27.04.

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.