MV Capital Management Inc. Makes New $612,000 Investment in Applied Materials, Inc. $AMAT

Key Points

• MV Capital Management opened a new position in Applied Materials during the fourth quarter, buying 2,382 shares valued at about $612,000.
• Insiders have been selling stock, including recent sales by Prabu G. Raja and CEO Gary E. Dickerson, with total insider sales over the last three months reaching $107.8 million.
• Applied Materials continues to benefit from AI-driven demand and strong analyst sentiment, while also reporting better-than-expected quarterly results and raising its Q3 2026 guidance.

MV Capital Management Inc. acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,382 shares of the manufacturing equipment provider's stock, valued at approximately $612,000.

Several other hedge funds have also recently modified their holdings of AMAT. Cornerstone Financial Management LLC bought a new position in shares of Applied Materials in the fourth quarter valued at approximately $25,000. Redmont Wealth Advisors LLC bought a new stake in Applied Materials during the third quarter worth $26,000. Wilkerson Advisory Group LLC bought a new stake in Applied Materials during the fourth quarter worth $26,000. Highline Wealth Partners LLC boosted its position in Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider's stock worth $30,000 after purchasing an additional 38 shares during the last quarter. Finally, Joseph Group Capital Management purchased a new position in Applied Materials in the fourth quarter worth $31,000. Institutional investors own 80.56% of the company's stock.

Insider Activity

In other news, insider Prabu G. Raja sold 50,000 shares of Applied Materials stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the transaction, the insider owned 356,642 shares in the company, valued at $180,204,069.76. This trade represents a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of the business's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the completion of the sale, the chief executive officer directly owned 1,695,164 shares in the company, valued at approximately $1,006,503,625. This trade represents a 4.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 189,767 shares of company stock valued at $107,769,409. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials News Roundup

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

• Positive Sentiment: Citi raised its price target on Applied Materials, reinforcing the view that AI infrastructure spending and memory-chip equipment demand should keep driving revenue growth. Applied Materials surges as Citi lifts target on AI demand boom
• Positive Sentiment: Applied Materials launched SENZ, a fully integrated visual system for AI smart glasses, and partnered with EssilorLuxottica and Qualcomm, giving investors a potential new long-term growth avenue. Applied Materials (AMAT) Launches SENZ With Qualcomm And EssilorLuxottica For AI Eyewear
• Positive Sentiment: Recent commentary highlighted Applied Materials as a beneficiary of the AI equipment super-cycle, with strong earnings, robust wafer-fab equipment demand, and favorable analyst sentiment supporting the rally. Applied Materials: The Cheapest Seat On The AI Equipment Super-Cycle

Applied Materials Stock Up 4.1%

Shares of NASDAQ AMAT opened at $617.11 on Friday. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $638.90. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The business's fifty day moving average price is $446.42 and its 200-day moving average price is $363.12. The stock has a market capitalization of $489.96 billion, a PE ratio of 57.94, a P/E/G ratio of 1.65 and a beta of 1.67.

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

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, August 20th. Applied Materials's dividend payout ratio (DPR) is currently 19.91%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AMAT shares. Truist Financial set a $575.00 target price on Applied Materials in a research report on Thursday, May 28th. Seaport Research Partners assumed coverage on shares of Applied Materials in a report on Monday, May 4th. They issued a "buy" rating and a $500.00 price target on the stock. Wall Street Zen upgraded shares of Applied Materials from a "hold" rating to a "buy" rating in a research report on Saturday, May 23rd. Needham & Company LLC raised their price objective on shares of Applied Materials from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Friday, May 15th. Finally, Wells Fargo & Company lifted their price objective on shares of Applied Materials from $435.00 to $520.00 and gave the stock an "overweight" rating in a research report on Friday, May 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $489.16.

Applied Materials 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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