Rep. Dwight Evans (D-PA) Sells Shares of Intel Corporation

Dwight Evans, a Democratic representative from Pennsylvania's 3rd district, reported selling shares of Intel Corporation valued between $1,001 and $15,000. This transaction was disclosed on June 25, 2026, though the actual sale took place earlier on June 10, 2026. Such disclosures are part of the periodic transaction reports filed under the STOCK Act, which seeks to promote transparency in congressional stock trades.

Other Institutional Activity in Intel Corporation

BlackRock, Inc. increased its holdings in Intel by 15,394,308 shares, ending with 447,550,132 shares valued at about $19.75 billion. Vanguard Capital Management LLC opened a new position with 282,011,285 shares worth approximately $12.45 billion. State Street Corp added 5,784,234 shares, bringing its total to 214,321,018 shares valued at about $9.46 billion. Meanwhile, Geode Capital Management, LLC boosted its holdings by 7,603,125 shares to 109,534,637 shares, valued at $4.82 billion.

Intel Corporation Stock Up 44.1%

Shares of NasdaqGS:INTC traded near $132.27 on Thursday. Intel Corporation, a major player in the semiconductor industry, has a market cap of about $708.4 billion. The stock's forward P/E ratio stands at 91.1, indicating high expectations for future earnings. With a beta of 2.228, the stock is more volatile than the market. Over the past year, the stock has ranged from a low of $18.97 to a high of $141.45, with a 50-day moving average of $101.43 and a 200-day moving average of $55.51.

Recent Earnings

Intel Corporation reported revenue of approximately $53.76 billion, with a slight growth of 7.2%. However, the company posted a net margin of -5.9% and a return on equity of -2.9%, reflecting ongoing challenges in profitability. The next earnings report is expected on July 23, 2026.

Insider Buying and Selling at Intel Corporation

Recent insider activity at Intel includes several transactions. On June 1, 2026, David Zinsner, EVP and CFO, sold 37,015 shares and bought the same amount on the same day, while also selling an additional 18,353 shares at an average price of $109.82. On May 30, 2026, Aliyar Katouzian, EVP, GM CC & Physical AI Group, purchased 32,729 shares, and Aparna Bawa, EVP, CLO & CPO, bought 27,274 shares.

Analysts Set New Price Targets

On June 25, 2026, Goldman Sachs initiated coverage of Intel with a 'hold' rating and a $150 price target. B of A Securities maintained its 'buy' rating with a target of $160 on June 23, 2026, and upgraded the stock to 'buy' with a $135 target on June 11, 2026. The consensus recommendation for Intel is 'hold', with an average price target of $94.14 among 41 analysts.

About Intel Corporation

Intel Corporation is a leading technology company that designs and manufactures semiconductor products. Based in Santa Clara, California, Intel operates through various segments, including Client Computing Group, Data Center and AI, and Intel Foundry. The company serves a wide range of customers, including original equipment manufacturers and cloud service providers. Intel is led by CEO Mr. Lip-Bu Tan and employs approximately 85,100 people globally.

Bottom Line

Intel Corporation remains a focal point for investors and analysts, given its significant role in the semiconductor industry. Dwight Evans' recent stock sale is part of the regular disclosures required for congressional members, providing transparency into potential conflicts of interest. As always, it's important to remember that 13F filings and congressional reports are backward-looking and may not reflect current positions.