M&T Bank Corp Cuts Position in Intel Corporation $INTC

Key Points

• M&T Bank Corp slashed its stake in Intel by 97.8% in Q4, selling 696,957 shares and leaving it with 15,398 shares valued at $568,000.
• Intel posted a sizable Q1 beat (EPS $0.29 vs. $0.01 est., revenue $13.58B vs. $12.32B), set Q2 guidance at $0.20 EPS, and has seen analyst upgrades and a strong rally that pushed the stock near its 12‑month high and a roughly $500 billion market cap.
• Sentiment is mixed: U.S. regulators cleared Intel’s investment in SambaNova (a near‑term positive), but elevated options‑implied volatility and overbought warnings increase the risk of sharp pullbacks.

M&T Bank Corp trimmed its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 97.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,398 shares of the chip maker's stock after selling 696,957 shares during the quarter. M&T Bank Corp's holdings in Intel were worth $568,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in INTC. Sivia Capital Partners LLC boosted its holdings in Intel by 271.8% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock valued at $766,000 after purchasing an additional 25,001 shares in the last quarter. United Bank acquired a new position in Intel in the second quarter valued at approximately $205,000. Gamco Investors INC. ET AL boosted its holdings in 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 boosted its holdings in 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 holdings in Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock valued at $18,556,000 after purchasing an additional 74,838 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Price Performance

INTC stock opened at $99.62 on Friday. The company has a market capitalization of $500.68 billion, a P/E ratio of -160.67, a PEG ratio of 2.79 and a beta of 1.35. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $100.45. The business has a 50 day simple moving average of $54.62 and a 200-day simple moving average of $45.78. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company's revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts anticipate that Intel Corporation will post 0.63 EPS for the current year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: U.S. antitrust authorities cleared Intel's investment in SambaNova, removing a major regulatory overhang tied to the deal and validating Intel's push deeper into AI infrastructure; that clearance is a clear near‑term positive for sentiment. Read More.
• Positive Sentiment: Strong Q1 operational beat: Intel reported a sizable EPS and revenue beat and issued stable Q2 guidance, which lifted the investment thesis that Intel is converting AI infrastructure demand into durable revenue growth. Investors are treating the quarter as confirmation that Intel can compete for large data‑center spend. Read More.
• Positive Sentiment: Momentum, liquidity and positioning: April was Intel's best month ever on Nasdaq with massive inflows (including outsized moves in leveraged ETFs), drawing new retail and institutional attention and reinforcing momentum‑driven buying. Read More.
• Neutral Sentiment: Analyst revisions and upgrades are supporting the re‑rating: some firms hiked FY estimates and moved coverage to stronger ratings — this helps the fundamental narrative but may already be priced into the rally.
• Negative Sentiment: Elevated volatility and dispersion in expectations: options markets imply large moves and traders are pricing sharply divergent outcomes for INTC through the summer — that raises the risk of sharp pullbacks if momentum stalls. Read More.
• Negative Sentiment: Profit‑taking / overbought warnings: Several analysts and market commentators say the rally may be overextended in the short term and that every incremental bit of good news is being bought — investors should expect higher intraday swings and potential pullbacks. Read More.
• Negative Sentiment: Sector sensitivity: short‑term chip sector moves are still being influenced by cloud/AI spend signals (for example, OpenAI growth outlooks), which can weigh on chip names if cloud customers temper guidance. Read More.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 20,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total value of $981,000.00. Following the completion of the sale, the executive vice president directly owned 113,060 shares of the company's stock, valued at approximately $5,545,593. This represents a 15.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.05% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. TD Cowen upped their price target on Intel from $60.00 to $75.00 and gave the company a "hold" rating in a report on Friday, April 24th. UBS Group set a $51.00 price target on Intel in a report on Monday, February 2nd. Seaport Research Partners upped their price target on Intel from $65.00 to $90.00 and gave the company a "buy" rating in a report on Friday, April 24th. Evercore set a $95.00 price target on Intel in a report on Friday, April 24th. Finally, Benchmark increased their price objective on Intel from $76.00 to $105.00 and gave the company a "buy" rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have assigned a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, Intel currently has an average rating of "Hold" and an average price target of $74.47.

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.

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