Rep. Jared Moskowitz Acquires Shares of Applied Materials, Inc. (NASDAQ:AMAT)

Key Points

• Rep. Jared Moskowitz purchased between $1,001 and $15,000 of Applied Materials shares on July 13 in a Morgan Stanley account. He also sold stakes in W.W. Grainger and STERIS while buying several other technology and consumer stocks.
• Applied Materials reported strong quarterly results, with $3.50 in adjusted EPS and $9.12 billion in revenue, both above analyst expectations; revenue increased 24.8% year over year. The company declared a quarterly dividend of $0.53 per share, yielding about 0.5% annually.
• Analysts maintain a favorable outlook, with a consensus “Moderate Buy” rating and an average price target of $658.45. However, elevated valuation, profit-taking, rising Treasury yields and broader macroeconomic pressures remain risks for the stock.

Representative Jared Moskowitz (Democratic-Florida) recently bought shares of Applied Materials, Inc. NASDAQ: AMAT. In a filing disclosed on August 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Applied Materials stock on July 13th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of W.W. Grainger NYSE: GWW on 7/13/2026.
• Sold $1,001 - $15,000 in shares of STERIS NYSE: STE on 7/13/2026.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 6/18/2026.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 6/17/2026.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 6/17/2026.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 6/17/2026.
• Purchased $1,001 - $15,000 in shares of Monster Beverage NASDAQ: MNST on 6/17/2026.
• Sold $1,001 - $15,000 in shares of S&P Global NYSE: SPGI on 6/17/2026.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 6/17/2026.
• Purchased $1,001 - $15,000 in shares of SpaceX NASDAQ: SPCX on 6/12/2026.

Applied Materials Price Performance

Shares of AMAT opened at $438.46 on Thursday. The firm has a market cap of $347.96 billion, a PE ratio of 37.80, a price-to-earnings-growth ratio of 1.23 and a beta of 1.60. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67. The business's 50 day moving average price is $541.33 and its two-hundred day moving average price is $460.06. 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 - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company's quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.5%. Applied Materials's payout ratio is 18.28%.

Insider Activity

In other Applied Materials news, CEO Gary E. Dickerson sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the completion of the sale, the chief executive officer directly owned 1,599,843 shares of the company's stock, valued at approximately $1,176,236,570.46. The trade was a 1.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Prabu G. Raja sold 10,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $633.53, for a total value of $6,335,300.00. Following the completion of the sale, the insider directly owned 346,642 shares of the company's stock, valued at approximately $219,608,106.26. This trade represents a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 231,692 shares of company stock worth $146,114,059. Company insiders own 0.30% of the company's stock.

Wall Street Analyst Weigh In

AMAT has been the topic of several research analyst reports. Stifel Nicolaus increased their target price on shares of Applied Materials from $530.00 to $650.00 and gave the stock a "buy" rating in a research note on Friday, July 10th. UBS Group lifted their price target on shares of Applied Materials from $675.00 to $695.00 and gave the company a "buy" rating in a research note on Tuesday. Royal Bank Of Canada increased their price objective on shares of Applied Materials from $520.00 to $600.00 and gave the stock an "outperform" rating in a research report on Friday, August 14th. B. Riley Financial restated a "buy" rating and issued a $700.00 target price (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. Finally, TD Cowen reaffirmed a "buy" rating and issued a $700.00 target price on shares of Applied Materials in a research report on Friday, August 14th. One investment 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 company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $658.45.

Key Applied Materials News

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

• Positive Sentiment: UBS raised its price target from $675 to $695 and reaffirmed a Buy rating, implying substantial upside from the current trading level. UBS raises Applied Materials price target
• Positive Sentiment: Fundamentals remain strong: Applied Materials recently reported record revenue, earnings above consensus and higher guidance. Erste Group Bank also increased its FY2027 earnings estimate to $18.56 per share from $17.13, reflecting expectations for continued semiconductor-equipment demand. Applied Materials stock performance and guidance
• Positive Sentiment: Long-term growth drivers include artificial-intelligence chip production, advanced-node manufacturing, advanced packaging and factory-capacity expansion. Applied Materials’ broad equipment portfolio and shareholder returns through stock repurchases add support to the investment case. Should investors buy, sell or hold AMAT stock
• Neutral Sentiment: Industry forecasts point to expanding semiconductor wafer-inspection demand driven by AI, electric vehicles, foundries and advanced packaging. However, the report covers the broader market and does not guarantee near-term Applied Materials revenue growth. Semiconductor wafer inspection equipment market outlook
• Negative Sentiment: Valuation and macroeconomic pressures are weighing on the stock. After a substantial year-to-date advance, investors appear to be taking profits and demanding stronger results to justify AMAT’s elevated earnings multiple. Rising Treasury yields and crude oil prices have also pressured semiconductor stocks by increasing borrowing costs and reducing appetite for high-growth, high-multiple shares. Semiconductor and technology stocks decline amid rising yields

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Harborfront Financial Group LLC acquired a new position in shares of Applied Materials during the second quarter valued at about $27,000. Orion Capital Management LLC acquired a new stake in shares of Applied Materials in the 2nd quarter worth about $33,000. Highland Investment Advisors LLC bought a new position in Applied Materials in the 2nd quarter valued at about $33,000. BOK Financial Private Wealth Inc. bought a new position in Applied Materials in the 2nd quarter valued at about $41,000. Finally, Financial Freedom LLC acquired a new position in Applied Materials during the 1st quarter valued at about $28,000. Institutional investors and hedge funds own 80.56% of the company's stock.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

About Applied Materials

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.

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