Intel (NASDAQ:INTC) Shares Sold Off Rep. Dwight Evans

Representative Dwight Evans (Democratic-Pennsylvania) recently sold shares of Intel Corporation (NASDAQ:INTC). In a filing disclosed on June 24th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intel stock on June 10th. The trade occurred in the Representative’s “CETERA” account.

Representative Dwight Evans also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 6/10/2026.
• Sold $1,001 – $15,000 in shares of American Tower (NYSE:AMT) on 5/11/2026.
• Sold $1,001 – $15,000 in shares of Thermo Fisher Scientific (NYSE:TMO) on 5/7/2026.
• Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 5/7/2026.
• Sold $1,001 – $15,000 in shares of Quanta Services (NYSE:PWR) on 5/7/2026.

Intel Trading Up 0.9%

Shares of NASDAQ INTC opened at $132.87 on Friday. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $141.45. The firm has a market capitalization of $667.80 billion, a P/E ratio of -214.30 and a beta of 2.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The company’s 50 day simple moving average is $108.27 and its 200 day simple moving average is $67.46.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the previous year, the company posted $0.13 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, analysts predict that Intel Corporation will post 0.63 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Piper Sandler initiated coverage on Intel in a research report on Thursday, June 11th. They set a “neutral” rating for the company. Evercore set a $95.00 price target on shares of Intel in a research report on Friday, April 24th. Oppenheimer initiated coverage on shares of Intel in a research note on Thursday, June 11th. They set an “outperform” rating on the stock. Tigress Financial boosted their price objective on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Royal Bank Of Canada reaffirmed a “neutral” rating and issued a $80.00 target price on shares of Intel in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Intel currently has an average rating of “Hold” and a consensus target price of $89.66.

Institutional Trading of Intel

Hedge funds have recently bought and sold shares of the stock. Sivia Capital Partners LLC lifted its position in Intel by 271.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after acquiring an additional 25,001 shares in the last quarter. United Bank acquired a new stake in shares of Intel in the 2nd quarter valued at about $205,000. Gamco Investors INC. ET AL lifted its holdings in shares of Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after purchasing an additional 1,508 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Intel by 29.6% in the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after purchasing an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after buying an additional 74,838 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel was upgraded by Zacks Research and Mizuho raised its price target, reinforcing confidence that the stock still has upside after its big run. Zacks upgrade
• Positive Sentiment: Analysts said Intel’s advanced packaging and AI data center opportunities could improve its foundry turnaround, helping the market view the company as a stronger long-term AI hardware play. Intel advanced packaging article
• Positive Sentiment: Reports that Apple may use Intel for chips added to the turnaround narrative, with investors focusing on the potential for future foundry revenue if the relationship develops. Reuters Apple-Intel deal
• Neutral Sentiment: Intel has been featured in several “buy or take profits” articles after a huge year-to-date move, which reflects strong investor interest but also growing debate about valuation. Intel stock has rocketed article
• Negative Sentiment: Goldman Sachs initiated Intel with a neutral rating, signaling that some Wall Street firms still see the upside as limited compared with peers. Goldman Intel neutral coverage
• Negative Sentiment: Some commentary warned that Intel’s rally may have outpaced the underlying business, suggesting the stock could be vulnerable if execution on the turnaround disappoints. Turnaround hype article

Insider Activity

In related news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.05% of the company’s stock.

About Representative Evans

Dwight Evans (Democratic Party) is a member of the U.S. House, representing Pennsylvania’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Evans (Democratic Party) is running for re-election to the U.S. House to represent Pennsylvania’s 3rd Congressional District. He declared candidacy for the 2026 election.

Evans earned his A.A. from the Community College of Philadelphia in 1973 and his bachelor’s degree from La Salle College in 1975. He then attended Graduate Work at Temple University from 1975 to 1976. His professional experience includes working as an employment counselor/job developer for the Urban League of Philadelphia and as a teacher in the Philadelphia Public School System.

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.