Intel (NASDAQ:INTC) Stock Unloaded Rep. Dwight Evans

Representative Dwight Evans (Democratic-Pennsylvania) recently sold shares of Intel Corporation (NASDAQ:INTC). In a filing disclosed on May 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intel stock on May 7th. 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 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 Quanta Services (NYSE:PWR) on 5/7/2026.
• Sold $15,001 – $50,000 in shares of Micron Technology (NASDAQ:MU) on 3/24/2026.

Intel Stock Up 3.6%

INTC traded up $3.90 during midday trading on Tuesday, hitting $112.07. The company had a trading volume of 98,632,761 shares, compared to its average volume of 119,637,984. The stock’s 50 day moving average price is $68.76 and its 200 day moving average price is $51.38. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $132.75. The company has a market capitalization of $563.27 billion, a price-to-earnings ratio of -180.66 and a beta of 2.18. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter in the prior year, the firm earned $0.13 EPS. The business’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, research analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Citi raised its price target on Intel to $130 from $95 and kept a Buy rating, citing a larger market for AI-related CPU workloads and stronger long-term demand. Intel Stock Heads for a 5-Day Losing Streak Despite 2 Price Target Hikes
• Positive Sentiment: Intel CEO Lip-Bu Tan said the foundry business is gaining momentum, manufacturing yields are improving, and the company expects commitments from multiple foundry customers in the second half of the year. Intel CEO says foundry business is gaining momentum as customer interest grows
• Positive Sentiment: Analysts and market commentary highlighted Intel’s role in a growing AI/legacy CPU infrastructure cycle, with some pieces pointing to a large addressable market for server CPUs and potential upside if Intel captures more of that demand. The $132 Billion Infrastructure Pivot You Might Have Missed
• Neutral Sentiment: Several articles discussed Intel as part of broad semiconductor ETF and AI-hardware themes, which supports sentiment but does not change the company’s fundamentals directly. Meet the Super Semiconductor ETF With 40% of Its Portfolio Parked in Micron, AMD, Broadcom, Nvidia, and Intel
• Negative Sentiment: Some commentary warned that Intel has become a crowded trade and that higher bond yields or an AI bubble unwind could pressure semiconductor stocks, including Intel, after a strong run. Everyone Owns Chip Stocks. That Could Be a Problem for Intel and Others.
• Negative Sentiment: President Trump’s comments that the U.S. “should have asked for more” in the Intel stake briefly revived concerns about political overhang and valuation expectations for the company. Trump tells Fortune on Intel stake: ‘should have asked for more’

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated 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 transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on INTC. Susquehanna lifted their price target on shares of Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Intel in a report on Friday, April 24th. Roth Mkm raised Intel from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Friday, April 24th. Daiwa Securities Group raised their target price on Intel from $41.00 to $50.00 in a report on Tuesday, February 3rd. Finally, Truist Financial upped their target price on shares of Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $81.52.

Hedge Funds Weigh In On Intel

A number of large investors have recently modified their holdings of the company. Financially Speaking Inc boosted its stake in Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after buying an additional 279 shares in the last quarter. Financial Life Planners purchased a new stake in shares of Intel in the 1st quarter valued at $25,000. Legacy Bridge LLC bought a new position in shares of Intel during the 4th quarter valued at $26,000. Raleigh Capital Management Inc. purchased a new position in Intel in the 4th quarter worth $29,000. Finally, Swiss RE Ltd. purchased a new position in Intel in the 4th quarter worth $29,000. 64.53% of the stock is currently owned by institutional investors.

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.

Intel Company Profile

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.