Rep. Marjorie Taylor Greene Buys Applied Materials, Inc. (NASDAQ:AMAT) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Applied Materials, Inc. NASDAQ: AMAT. In a filing disclosed on June 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Applied Materials stock on June 6th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of lululemon athletica NASDAQ: LULU on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 5/16/2025.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $190.44 on Friday. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $224.09. The company has a 50 day moving average price of $175.89 and a 200 day moving average price of $166.00. The stock has a market capitalization of $152.83 billion, a P/E ratio of 23.17, a PEG ratio of 2.12 and a beta of 1.69. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.76 and a current ratio of 2.46.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The manufacturing equipment provider reported $2.39 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.08. Applied Materials had a net margin of 24.06% and a return on equity of 40.15%. The company had revenue of $7.10 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter last year, the firm posted $2.09 EPS. The business's revenue for the quarter was up 6.8% on a year-over-year basis. Equities research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend is Thursday, August 21st. Applied Materials's payout ratio is 22.38%.

Insider Activity

In other news, CAO Adam Sanders sold 562 shares of the company's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total value of $100,373.20. Following the completion of the transaction, the chief accounting officer owned 5,300 shares in the company, valued at approximately $946,580. This represents a 9.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.24% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Applied Materials

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Applied Materials by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 77,039,667 shares of the manufacturing equipment provider's stock worth $12,528,961,000 after acquiring an additional 487,358 shares during the last quarter. Geode Capital Management LLC lifted its position in Applied Materials by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 20,079,451 shares of the manufacturing equipment provider's stock valued at $3,260,178,000 after acquiring an additional 253,078 shares during the last quarter. Northern Trust Corp increased its position in shares of Applied Materials by 18.6% in the 4th quarter. Northern Trust Corp now owns 10,230,464 shares of the manufacturing equipment provider's stock valued at $1,663,780,000 after acquiring an additional 1,602,645 shares during the period. Norges Bank purchased a new position in shares of Applied Materials during the fourth quarter worth $1,588,422,000. Finally, Alliancebernstein L.P. grew its position in Applied Materials by 7.6% during the fourth quarter. Alliancebernstein L.P. now owns 8,338,520 shares of the manufacturing equipment provider's stock valued at $1,356,094,000 after buying an additional 587,036 shares during the period. Institutional investors and hedge funds own 80.56% of the company's stock.

Analyst Ratings Changes

AMAT has been the topic of several research analyst reports. Stifel Nicolaus dropped their price target on Applied Materials from $235.00 to $195.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Citigroup raised their price objective on shares of Applied Materials from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Raymond James Financial reissued an "outperform" rating and issued a $200.00 price objective (down previously from $225.00) on shares of Applied Materials in a research report on Friday, May 16th. Redburn Atlantic lowered shares of Applied Materials from a "strong-buy" rating to a "hold" rating and dropped their price objective for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Finally, TD Cowen decreased their target price on Applied Materials from $225.00 to $220.00 and set a "buy" rating for the company in a research report on Friday, May 16th. Nine investment analysts have rated the stock with a hold rating and seventeen have issued a buy 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 $204.74.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.

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