Representative Robert Bresnahan, Jr. Acquires Intel Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) has recently invested in shares of Intel Co. (NASDAQ:INTC). According to a filing made public on March 10th, he disclosed that on February 14th, he purchased between $1,001 and $15,000 worth of Intel stock. The transaction was executed through his account labeled "JP MORGAN BROKERAGE ACCOUNT #2".

Alongside his Intel purchase, Representative Bresnahan, Jr. has completed several other trades:

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

Current Status of Intel Stocks

On Wednesday, shares of Intel (NASDAQ:INTC) opened at $19.78. The stock has a 50-day moving average of $21.29 and a 200-day moving average of $21.81. Key financial metrics include a current ratio of 1.33, a quick ratio of 0.98, and a debt-to-equity ratio of 0.44. Intel holds a market capitalization of $85.65 billion and a price-to-earnings ratio of -4.52. Over the past year, shares of Intel have ranged from a low of $18.51 to a high of $45.41.

Intel disclosed its latest quarterly earnings on January 30th, with earnings per share reported at ($0.02). This figure was below the consensus estimate of $0.12, resulting in a negative net margin of 35.32% and a negative return on equity of 3.27%. Analysts predict that Intel will post -0.11 earnings per share by year-end.

Institutional Investment Activity in Intel

Recent reports indicate several institutional investors have adjusted their positions in Intel. For instance, Cornerstone Advisory LLC increased its holdings by 4.3% in the fourth quarter, bringing its total to 9,863 shares valued at $198,000. Similarly, Evergreen Capital Management LLC raised its stake by 1.0%, now owning 41,904 shares worth $840,000 following an additional purchase. Other firms such as Dunhill Financial LLC, Federated Hermes Inc., and Beaton Management Co. Inc. have also modified their holdings during recent quarters. Approximately 64.53% of Intel's stock is currently owned by institutional investors and hedge funds.

Analysts and Price Predictions for Intel

Numerous analysts have shared their perspectives on Intel's stock as of late. Stifel Nicolaus lowered their price target from $25.00 to $21.00, maintaining a "hold" rating. Rosenblatt Securities reaffirmed a "sell" rating with a $20.00 price target. In contrast, Cantor Fitzgerald increased their target from $22.00 to $29.00 and assigned a “neutral” rating. Other notable adjustments included HSBC upgrading their recommendation from "reduce" to "hold" and Wells Fargo reducing their target to $25.00 with an "equal weight" rating. Currently, five analysts rate Intel as a sell, twenty-seven as hold, and one as buy, resulting in a consensus rating of "Hold" with an average price target set at $26.88.

Profile of Representative Bresnahan

Rob Bresnahan Jr. is an elected member of the U.S. House representing Pennsylvania’s 8th Congressional District. He started his term on January 3, 2025, and aims to seek re-election in the upcoming 2026 election. Bresnahan was born in Kingston, Pennsylvania, and earned a degree in business administration from the University of Scranton in 2012. His professional background includes positions as CFO and CEO of a family-run electrical contracting business.

Overview of Intel Corporation

Intel Corporation is engaged in designing, developing, manufacturing, marketing, and selling various computing and related products and services on a global scale. The company operates through segments including Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services. Its product offerings include central processing units (CPUs), chipsets, processors for mobile and desktop, graphics processing units (GPUs), memory and storage solutions, and networking products.

Bresnahan, Intel, Investment