Which insiders are trading Applied Materials, Inc. (AMAT)?

Applied Materials, Inc. (NASDAQ:AMAT) is now up 9.99% compared to a 12-month low of $41.94. We have seen the price to move 0.99% higher and get settled at $46.13 on 07/13/2018. At recent session, it appeared stuck in a range of $45.5 to $46.23. This company shares are 43.18% off its target price of $66.05 and the current market capitalization stands at $45.56B. The recent change has given its price a -7.77% deficit over SMA 50 and -26.07% deficit over its 52-week high. The stock witnessed -9.51% declines, -17.73% declines and -13.29% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AMAT’s volatility during a week at 1.9% and during a month it has been found around 2.33%.

Applied Materials, Inc. (AMAT) Top Holders

Institutional investors currently hold around $37.17 billion or 82% in AMAT stock. Look at its top three institutional owners. Vanguard Group Inc owns $3.55 billion in Applied Materials, Inc., which represents roughly 7.78% of the company’s market cap and approximately 9.54% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 76,112,124 shares of the stock are valued at $3.51 billion. The third largest holder is State Street Corp, which currently holds $1.89 billion worth of this stock and that ownership represents nearly 4.15% of its market capitalization.

Applied Materials, Inc. 13F Filings

At the end of March reporting period, 515 institutional holders increased their position in Applied Materials, Inc. (NASDAQ:AMAT) by some 65,570,009 shares, 549 decreased positions by 94,901,809 and 164 held positions by 645,312,575. That puts total institutional holdings at 805,784,393 shares, according to SEC filings. The stock grabbed 111 new institutional investments totaling 10,074,139 shares while 97 institutional investors sold out their entire positions totaling 5,841,424 shares.

Applied Materials, Inc. (NASDAQ:AMAT) Insider Trades

Multiple company employees have indulged in significant insider trading. Applied Materials, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Iannotti Thomas J has sold 15,000 shares of Applied Materials, Inc. (AMAT) in trading session dated Mar. 12, 2018. These shares are worth $922,050 and were traded at $61.47 each. The SEC filing shows that Forrest Stephen R performed a sale of 4,000 shares. The Director disposed these shares by way of transaction on Jan. 03, 2018. The company’s shares were given away at $53.67 per share worth to an income of some $214,680 on account of Forrest Stephen R.

Senior VP, CTO, Nalamasu Omkaram, sold 53,466 common shares of Applied Materials, Inc. (AMAT) in the open market. In a transaction dated Jan. 02, 2018, the shares were put up for sale at an average price of $53, raking in a sum of $2,833,698. After this sale, 344,715 common shares of AMAT are directly owned by the insider, with total stake valued at $15,901,703.

In the transaction dated Dec. 29, 2017, the great number of shares disposed came courtesy the Sr. VP, GM Srv., Dspl. & Flex.; Salehpour Ali disposed a total of 125,125 shares at an average price of $51.47, amounting to approximately $6,440,184. The insider now directly owns 485,376 shares worth $22,390,395.

Applied Materials, Inc. (AMAT) Analyst Guide

Several analysts have released their opinion on Applied Materials, Inc. (NASDAQ:AMAT), with 13 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.47 average brokerage recommendation.