M&T Bank Corp Has $26.60 Million Holdings in Power Integrations, Inc. $POWI
M&T Bank Corp significantly increased its stake in Power Integrations, Inc. (NASDAQ:POWI) by 3,635.7% in Q4, now holding 748,555 shares valued at $26.6 million. Power Integrations exceeded Q4 earnings estimates with $0.23 EPS on $103.2 million revenue and raised its quarterly dividend to $0.215, despite a high payout ratio. The stock has a "Hold" consensus rating from analysts with an average price target of $56.50, and has seen some insider selling.
https://www.marketbeat.com/instant-alerts/filing-mt-bank-corp-has-2660-million-holdings-in-power-integrations-inc-powi-2026-04-23/