Applied Materials, Inc. $AMAT Stock Sold by Inscription Capital LLC

Inscription Capital LLC lessened its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 45.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,478 shares of the manufacturing equipment provider’s stock after selling 2,080 shares during the period. Inscription Capital LLC’s holdings in Applied Materials were worth $1,267,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of AMAT. Harborfront Financial Group LLC bought a new stake in shares of Applied Materials in the 2nd quarter worth about $27,000. Financial Freedom LLC acquired a new stake in shares of Applied Materials during the 1st quarter worth about $28,000. Curry Webb Wealth Management LLC acquired a new stake in shares of Applied Materials during the 3rd quarter worth about $30,000. Dakota Community Bank & Trust NA bought a new position in Applied Materials during the 3rd quarter valued at about $31,000. Finally, Orion Capital Management LLC bought a new position in Applied Materials during the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling

In related news, Director Judy Bruner sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the transaction, the director directly owned 25,544 shares of the company’s stock, valued at approximately $11,877,960. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Adam Sanders sold 725 shares of the firm’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the completion of the transaction, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 9,225 shares of company stock worth $4,454,181 over the last ninety days. Company insiders own 0.30% of the company’s stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: AI-driven equipment demand and growth in advanced packaging are potential longer-term supports for Applied Materials, according to a recent analysis. AMAT Shares Plunge 30% in a Month: Should You Buy, Sell or Hold?
• Positive Sentiment: Funds added to their AMAT positions on Nov. 2: ETFs bought a net $237 million, while Capital Group Dividend Value purchased $146.3 million. This buying may signal institutional confidence, though it predates the latest sell-off. ETFs Bought $237.0 Million of Applied Materials
• Neutral Sentiment: Next week’s earnings are expected to be a key test of whether strong chip-equipment guidance can hold up amid a more challenging investment backdrop; one report highlights a $10.25 billion revenue benchmark. Applied Materials Stocks Fall Before a $10.25 Billion Revenue Test
• Negative Sentiment: AMAT has declined amid a deepening chip-stock rout that has also hit Lam Research, KLA and Teradyne. Investors are concerned that data-center spending could slow, and Qualcomm’s weak guidance added to the sector’s worries. Chip Stock Rout Deepens

Applied Materials Price Performance

AMAT opened at $319.25 on Friday. The company has a fifty day moving average price of $447.84 and a two-hundred day moving average price of $444.59. The firm has a market capitalization of $253.36 billion, a PE ratio of 27.52, a P/E/G ratio of 0.72 and a beta of 1.67. Applied Materials, Inc. has a 52 week low of $203.40 and a 52 week high of $739.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. The company had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. Applied Materials’s revenue was up 24.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, analysts anticipate that Applied Materials, Inc. will post 12.79 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, November 19th. Applied Materials’s dividend payout ratio is 18.28%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Seaport Research Partners reaffirmed a “buy” rating and set a $575.00 price objective (up from $500.00) on shares of Applied Materials in a research note on Friday, August 14th. Wall Street Zen raised shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, September 26th. Citigroup reiterated a “buy” rating and issued a $710.00 target price (up from $550.00) on shares of Applied Materials in a research note on Monday, August 3rd. The Goldman Sachs Group boosted their target price on Applied Materials from $645.00 to $670.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Finally, Needham & Company LLC cut their price objective on Applied Materials from $740.00 to $580.00 and set a “buy” rating for the company in a research report on Friday, October 16th. Thirty analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $632.01.

Applied Materials Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.