MAY 21·MarketBeat→
M&T Bank Corp Purchases 286,811 Shares of NVIDIA Corporation $NVDA
M&T Bank Corp increased its stake in NVIDIA Corporation by 8.6% in the fourth quarter, purchasing an additional 286,811 shares to bring its total holding to 3,618,805 shares valued at approximately $674.9 million. Other institutional investors also boosted their positions in NVDA, with overall institutional ownership reaching 65.27%. NVIDIA continues to show strong fundamentals, beating earnings and revenue estimates and authorizing an $80 billion share buyback, contributing to a largely bullish analyst sentiment.
MAY 20·MarketBeat→
M&T Bank Corp Purchases 118,211 Shares of Amazon.com, Inc. $AMZN
M&T Bank Corp increased its stake in Amazon.com, Inc. by 5.9% in the fourth quarter, purchasing 118,211 shares and bringing its total holdings to 2.12 million shares valued at approximately $488.4 million. Wall Street analysts maintain a "Moderate Buy" rating for Amazon with a consensus target price of $312.67, following strong Q4 earnings where the company exceeded revenue and EPS expectations. Despite insider share sales under pre-arranged trading plans, the company is benefiting from positive sentiment regarding AWS and its role as an underappreciated AI winner.
