111 Capital Sells 2,096 Shares of Applied Materials, Inc. $AMAT

Key Points

• 111 Capital reduced its Applied Materials stake by 23.2% in the second quarter, selling 2,096 shares and retaining 6,948 shares valued at approximately $5.0 million. Institutional investors collectively own 80.56% of the company.
• Applied Materials reported strong fiscal third-quarter results, with revenue rising 24.8% year over year to $9.12 billion and adjusted EPS of $3.50, both ahead of analyst expectations. Management also issued above-consensus fourth-quarter guidance, supported by AI infrastructure, advanced packaging and memory demand.
• Despite positive earnings and analyst support, the stock faced pressure as investors sought faster growth and clearer competitive advantages; AMAT opened at $507.18, well below its 12-month high of $739.67. Company insiders also sold 278,088 shares worth about $169.7 million during the quarter.

111 Capital cut its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 23.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,948 shares of the manufacturing equipment provider's stock after selling 2,096 shares during the quarter. Applied Materials makes up approximately 0.9% of 111 Capital's portfolio, making the stock its 19th largest holding. 111 Capital's holdings in Applied Materials were worth $5,023,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC purchased a new stake in Applied Materials during the 4th quarter worth about $25,000. Wilkerson Advisory Group LLC bought a new position in shares of Applied Materials in the fourth quarter valued at approximately $26,000. Financial Freedom LLC purchased a new position in Applied Materials during the first quarter valued at approximately $28,000. Joseph Group Capital Management purchased a new position in Applied Materials during the fourth quarter valued at approximately $31,000. Finally, Dogwood Wealth Management LLC increased its holdings in Applied Materials by 52.4% during the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider's stock worth $33,000 after acquiring an additional 44 shares during the period. Institutional investors own 80.56% of the company's stock.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Record quarterly performance: Fiscal Q3 revenue rose 24.8% year over year to $9.12 billion, ahead of the $8.99 billion consensus estimate, while adjusted EPS of $3.50 exceeded expectations. AI infrastructure demand, advanced packaging and memory spending supported growth. Applied Materials Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Above-consensus outlook: Management projected fiscal Q4 revenue of approximately $9.8 billion to $10.8 billion and EPS of $3.82 to $4.22, both above analyst expectations. The company also pointed to stronger systems growth and unusually long customer visibility into fiscal 2027 and beyond. Applied Materials Forecasts Quarterly Revenue Above Estimates
• Positive Sentiment: Analyst and institutional support: JPMorgan, RBC, TD Cowen, B. Riley, Needham and other firms maintained positive ratings or raised price targets. Soros Capital also reportedly added AMAT among several semiconductor positions, reinforcing the longer-term AI and chip-cycle investment case. Soros Capital Loads Up on Semiconductor Stocks
• Neutral Sentiment: Options imply a possible rebound: Derivatives-market data indicates traders expect the pullback could be temporary, although elevated volatility reflects uncertainty over the stock’s near-term direction. Applied Materials Options Data
• Negative Sentiment: Expectations were exceptionally high: Despite the earnings beat and upbeat guidance, investors wanted faster growth and clearer evidence that AMAT is outpacing rivals in semiconductor manufacturing equipment. Concerns about competition, margins and the pace of systems growth overshadowed the headline results. Applied Materials Slips as Investors Seek Faster Growth
• Negative Sentiment: Broader market pressure added to selling: Weaker July retail-sales data, profit-taking after record highs and a semiconductor-sector selloff weighed on AMAT and other AI-related stocks.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of the firm's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the sale, the senior vice president owned 134,631 shares of the company's stock, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas J. Iannotti sold 9,250 shares of the business's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the transaction, the director owned 40,559 shares in the company, valued at $24,326,071.43. The trade was a 18.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 278,088 shares of company stock valued at $169,654,805. 0.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have commented on AMAT. William Blair assumed coverage on shares of Applied Materials in a report on Tuesday, August 11th. They issued a "market perform" rating for the company. Zacks Research upgraded Applied Materials from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 1st. Truist Financial set a $575.00 target price on Applied Materials in a research note on Thursday, May 28th. HC Wainwright set a $850.00 price target on Applied Materials in a report on Monday, June 29th. Finally, Sanford C. Bernstein lifted their price target on Applied Materials from $675.00 to $700.00 and gave the company an "outperform" rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $640.17.

Applied Materials Stock Performance

Shares of AMAT stock opened at $507.18 on Monday. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The business has a 50-day moving average price of $564.15 and a two-hundred day moving average price of $445.77. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67. The firm has a market cap of $402.68 billion, a P/E ratio of 43.72, a price-to-earnings-growth ratio of 1.25 and a beta of 1.61.

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, beating analysts' consensus estimates of $3.40 by $0.10. The business had revenue of $9.12 billion for the quarter, compared to analysts' expectations of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business's quarterly revenue was up 24.8% on a year-over-year basis. During the same period last year, the business earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities analysts anticipate that Applied Materials, Inc. will post 12.48 EPS for the current fiscal 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 0.4%. Applied Materials's payout ratio is currently 18.28%.

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.

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