M&T Bank Corp Raises Stock Holdings in Intel Corporation $INTC

Key Points

• M&T Bank Corp boosted its Q4 stake in Intel by 6.5% to 758,717 shares, worth about $27.997 million.
• Intel beat expectations in Q1 with $0.29 EPS vs. $0.01 consensus and $13.58 billion revenue, and guided Q2 to $0.20 EPS.
• Insider sale: an Intel EVP sold ~40,256 shares (~$4.0M) as the stock rallied into the high $90s (12‑month high $100.45), leaving a mixed analyst backdrop with a consensus "Hold" and $74.47 average target.

M&T Bank Corp boosted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 6.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 758,717 shares of the chip maker's stock after buying an additional 46,362 shares during the quarter. M&T Bank Corp's holdings in Intel were worth $27,997,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in INTC. Legacy Bridge LLC bought a new stake in shares of Intel in the fourth quarter worth about $26,000. Raleigh Capital Management Inc. bought a new position in Intel during the 4th quarter valued at approximately $29,000. Corundum Trust Company INC purchased a new stake in Intel in the 3rd quarter worth approximately $29,000. Provenance Wealth Advisors LLC grew its position in shares of Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock worth $32,000 after buying an additional 446 shares during the last quarter. Finally, GoalVest Advisory LLC bought a new stake in shares of Intel in the 3rd quarter worth approximately $34,000. Institutional investors own 64.53% of the company's stock.

Intel Stock Performance

Shares of INTC stock opened at $95.78 on Tuesday. The company's fifty day moving average price is $54.62 and its 200-day moving average price is $45.91. The stock has a market cap of $481.39 billion, a PE ratio of -154.48 and a beta of 2.18. 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 Corporation has a 12 month low of $18.97 and a 12 month high of $100.45.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $12.32 billion. During the same period last year, the business earned $0.13 EPS. Intel's quarterly revenue 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, equities analysts expect that Intel Corporation will post 0.63 EPS for the current fiscal year.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel hired Qualcomm veteran Alex Katouzian to run its PC and “physical AI” business, signaling experienced leadership to push the company’s core PC franchise and expand into on-device/edge AI — a catalyst for longer-term revenue and product momentum. Intel appoints Qualcomm executive to lead PC and physical AI business
• Positive Sentiment: Regulatory clearance for the SambaNova deal removes an antitrust overhang and strengthens Intel’s positioning in the AI accelerator market — a near-term de‑risk for the strategic acquisition thesis. Intel Clears Antitrust Hurdanuava Deal
• Positive Sentiment: Recent coverage highlights Intel’s massive April rally, record highs and Q1 momentum — evidence investors are pricing improved fundamentals and an AI narrative into the stock. That underpins the bullish case even as volatility rises. How Intel Stock More Than Doubled Last Month
• Neutral Sentiment: Several bullish think pieces argue the AI sell‑off created cheap entry points or that it’s still timely to buy on dips — useful for conviction but not immediate catalysts. AI sell-off created cheapest entry point
• Neutral Sentiment: Market narratives around a broader AI spending cycle and SpaceX-related chip demand keep Intel in investor conversations, but these are thematic and longer‑dated rather than immediate drivers. The Real SpaceX Play
• Negative Sentiment: An Intel executive sold ~40,256 shares (~$4.0M) last week, a disclosed insider sale that can feed short-term selling pressure and investor caution. Insider sale filing
• Negative Sentiment: Royal Bank of Canada reaffirmed a “neutral” rating with an $80 price target, implying downside from current levels — a formal analyst constraint on further upside and a contributor to profit‑taking. RBC neutral, $80 PT
• Negative Sentiment: Market pieces note the stock is stalling after a dramatic rally (hundreds of percent YTD), raising concerns about momentum exhaustion and short-term volatility as traders take profits. Intel stock falls after massive rally

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.05% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on INTC shares. Evercore set a $95.00 target price on Intel in a report on Friday, April 24th. Susquehanna upped their price objective on shares of Intel from $65.00 to $80.00 and gave the stock a "neutral" rating in a report on Friday, April 24th. DZ Bank raised shares of Intel from a "sell" rating to a "neutral" rating in a research report on Friday, April 24th. Jefferies Financial Group boosted their price target on shares of Intel from $60.00 to $80.00 and gave the company a "hold" rating in a research report on Friday, April 24th. Finally, Seaport Research Partners increased their price target on shares of Intel from $65.00 to $90.00 and gave the stock a "buy" rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $74.47.

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.

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.