Applied Materials (NASDAQ:AMAT) Shares Acquired Rep. Josh Gottheimer

Key Points

• Rep. Josh Gottheimer purchased between $1,001 and $15,000 of Applied Materials shares on August 6, according to a September 14 disclosure. The transaction was made through a Morgan Stanley Select UMA account.
• Applied Materials reported stronger-than-expected quarterly results, with $3.50 in EPS and $9.12 billion in revenue, while revenue increased 24.8% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $658.45.
• AMAT shares opened at $421.17, well below their one-year high of $739.67. The stock faces pressure from a semiconductor-sector selloff and concerns that slower AI development could reduce future data-center and chip-equipment demand, despite record revenue from its Applied Global Services division.

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of Applied Materials, Inc. NASDAQ: AMAT. In a filing disclosed on September 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Applied Materials stock on August 6th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Restaurant Brands International NYSE: QSR on 8/6/2026.
• Purchased $1,001 - $15,000 in shares of NASDAQ: GOOGN on 7/24/2026.
• Purchased $1,001 - $15,000 in shares of NASDAQ: GOOGM on 7/24/2026.
• Purchased $1,001 - $15,000 in shares of NASDAQ: GOOGN on 7/23/2026.
• Sold $1,001 - $15,000 in shares of Crown Castle NYSE: CCI on 7/23/2026.
• Purchased $1,001 - $15,000 in shares of NiCE NASDAQ: NICE on 7/20/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/20/2026.
• Sold $1,001 - $15,000 in shares of Chart Industries NYSE: GTLS on 7/17/2026.
• Purchased $1,001 - $15,000 in shares of Monster Beverage NASDAQ: MNST on 7/17/2026.
• Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 7/16/2026.

Applied Materials Price Performance

AMAT opened at $421.17 on Wednesday. The company's 50 day simple moving average is $507.85 and its 200 day simple moving average is $465.08. 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, Inc. has a 1 year low of $171.58 and a 1 year high of $739.67. The stock has a market capitalization of $334.24 billion, a PE ratio of 36.31, a P/E/G ratio of 1.18 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping the consensus estimate of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. Applied Materials's revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, sell-side analysts expect that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, November 19th. Applied Materials's dividend payout ratio is presently 18.28%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AMAT shares. Seaport Research Partners reaffirmed a "buy" rating and issued a $575.00 target price on shares of Applied Materials in a research report on Friday, August 14th. Needham & Company LLC restated a "buy" rating and issued a $740.00 price objective on shares of Applied Materials in a report on Friday, August 14th. Raymond James Financial set a $650.00 price objective on Applied Materials in a research note on Wednesday, June 10th. UBS Group boosted their target price on Applied Materials from $675.00 to $695.00 and gave the stock a "buy" rating in a report on Tuesday, September 1st. Finally, HC Wainwright set a $850.00 target price on shares of Applied Materials in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $658.45.

Insiders Place Their Bets

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the company's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total value of $3,594,375.00. Following the transaction, the chief financial officer directly owned 128,613 shares of the company's stock, valued at $61,637,780.25. This represents a 5.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Judy Bruner sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the transaction, the director owned 25,544 shares of the company's stock, valued at approximately $11,877,960. This trade represents a 3.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 96,821 shares of company stock valued at $65,944,771 over the last 90 days. 0.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Applied Materials

A number of large investors have recently modified their holdings of AMAT. Harborfront Financial Group LLC acquired a new stake in shares of Applied Materials during the second quarter valued at about $27,000. Orion Capital Management LLC acquired a new position in shares of Applied Materials in the second quarter worth about $33,000. Highland Investment Advisors LLC purchased a new position in Applied Materials in the second quarter valued at about $33,000. BOK Financial Private Wealth Inc. purchased a new position in Applied Materials in the second quarter valued at about $41,000. Finally, Financial Freedom LLC acquired a new stake in Applied Materials during the 1st quarter valued at approximately $28,000. Institutional investors and hedge funds own 80.56% of the company's stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials’ Applied Global Services (AGS) division generated record revenue of $1.78 billion. Rising demand for semiconductor-fab services could provide a recurring-growth cushion and support results beyond 2026. Can Applied Materials Sustain Strong AGS Growth Beyond 2026?
• Positive Sentiment: Analysts continue to identify AMAT as a potentially attractive technology stock, citing substantial upside potential. The company’s latest quarterly results also showed stronger-than-expected earnings and revenue, alongside robust year-over-year growth. 3 Strong Buy Tech Stocks with 60%+ Upside
• Neutral Sentiment: Comparisons with Lam Research, Qualcomm, and ASML highlight Applied Materials’ exposure to the same AI-driven semiconductor investment cycle, but also raise questions about which equipment suppliers will benefit most as advanced-node and EUV adoption expands. Lam Research Vs. Applied Materials
• Negative Sentiment: The primary catalyst for the decline was a broad semiconductor selloff after prominent AI executives called for a more deliberate pace of frontier-model development and stronger safety oversight. Investors feared that slower AI progress could eventually reduce data-center expansion, chip demand, and fab-equipment orders. Chip Equipment Stocks Slide as AI Pacing Call Reaches Fab Spending
• Negative Sentiment: AMAT had delivered a very strong prior-year gain and remains well below its recent high, leaving the stock vulnerable to profit-taking and valuation compression. The latest decline occurred despite no reported earnings shock, suggesting that elevated expectations—not current fundamentals—are driving much of the pressure. Applied Materials Stock Already Fell Without a Shock

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Applied Materials Company Profile

Applied Materials, Inc is a global provider of materials engineering solutions used to manufacture semiconductors, displays and other advanced electronic products. The company develops and supplies equipment, services and software that help customers build and improve the performance of chips and display panels.

Its semiconductor products support processes including deposition, etch, patterning, inspection, metrology and materials modification. Applied Materials also provides equipment and services for display manufacturing, including technologies used in producing liquid-crystal and organic light-emitting diode displays, as well as solutions for adjacent markets such as solar and other specialty applications.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers worldwide through operations, customer-support centers and research and development activities across major technology-producing regions.

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.