Insider Selling: Applied Materials (NASDAQ:AMAT) SVP Sells $6,355,767.15 in Stock

Applied Materials, Inc. (NASDAQ:AMAT) SVP Omkaram Nalamasu sold 10,737 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $591.95, for a total value of $6,355,767.15. Following the transaction, the senior vice president directly owned 171,179 shares in the company, valued at approximately $101,329,409.05. The trade was a 5.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Omkaram Nalamasu also recently made the following trade(s):

• On Tuesday, June 16th, Omkaram Nalamasu sold 24,263 shares of Applied Materials stock. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $617.11 on Friday. The stock has a market cap of $489.96 billion, a PE ratio of 57.94, a price-to-earnings-growth ratio of 1.72 and a beta of 1.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $638.90. The business has a 50-day moving average price of $451.05 and a 200 day moving average price of $364.90.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio is presently 19.91%.

Applied Materials News Summary

Here are the key news stories impacting Applied Materials this week:

• Positive Sentiment: Applied Materials’ AGS services business is being highlighted as a long-term growth engine, with AI-enabled services and expanding margins potentially creating more recurring revenue. Can AMAT’s AGS Business Become a Long-Term Growth Driver?
• Positive Sentiment: Shares are benefiting from renewed enthusiasm around AI demand and strong earnings momentum, with articles noting the stock has been hitting new highs after solid results and upbeat guidance. AI Demand, Earnings Send Applied Materials to New Highs
• Positive Sentiment: Applied Materials launched SENZ with Qualcomm and EssilorLuxottica for AI eyewear, reinforcing investor hopes that the company can expand beyond core chipmaking tools into adjacent growth markets. Applied Materials (AMAT) Launches SENZ With Qualcomm And EssilorLuxottica For AI Eyewear
• Positive Sentiment: Analyst sentiment remains constructive, with higher price targets such as Citi’s $710 view helping fuel the rally by suggesting AI demand can justify the premium valuation. Applied Materials (AMAT) Stock Rallies 8.75% on Citi’s Bullish $710 Price Target
• Neutral Sentiment: Several insiders, including CEO Gary Dickerson and SVP Omkaram Nalamasu, sold shares this week; while the sales were small relative to their remaining holdings, they can weigh on sentiment. Why Applied Materials Insiders Sold $65 Million Worth of Stock
• Neutral Sentiment: Some commentary warns the stock looks expensive after a sharp year-to-date surge, with valuation comparisons to the dot-com era potentially prompting caution despite the strong fundamental backdrop. Applied Materials stock valuation and performance

Institutional Trading of Applied Materials

Institutional investors have recently modified their holdings of the business. Financial Freedom LLC purchased a new position in Applied Materials in the first quarter worth $28,000. Cornerstone Financial Management LLC purchased a new stake in shares of Applied Materials during the 4th quarter worth $25,000. Whipplewood Advisors LLC boosted its position in shares of Applied Materials by 218.8% during the 1st quarter. Whipplewood Advisors LLC now owns 102 shares of the manufacturing equipment provider’s stock worth $35,000 after purchasing an additional 70 shares in the last quarter. Wilkerson Advisory Group LLC acquired a new position in shares of Applied Materials during the 4th quarter worth $26,000. Finally, MBM Wealth Consultants LLC purchased a new position in shares of Applied Materials in the 1st quarter valued at about $38,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Royal Bank Of Canada upped their price target on shares of Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Bank of America raised their price objective on shares of Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Mizuho lifted their price objective on shares of Applied Materials from $500.00 to $540.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Wells Fargo & Company lifted their price objective on shares of Applied Materials from $435.00 to $520.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $525.00 target price on shares of Applied Materials in a report on Friday, May 15th. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $489.16.

Applied Materials Company Profile

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.