Applied Materials (NASDAQ:AMAT) SVP Omkaram Nalamasu Sells 10,737 Shares

Applied Materials, Inc. (NASDAQ:AMAT) SVP Omkaram Nalamasu sold 10,737 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $591.95, for a total value of $6,355,767.15. Following the sale, the senior vice president owned 171,179 shares in the company, valued at $101,329,409.05. The trade was a 5.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Omkaram Nalamasu also recently made the following trade(s):

• On Tuesday, June 16th, Omkaram Nalamasu sold 24,263 shares of Applied Materials stock. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09.

Applied Materials Stock Performance

NASDAQ AMAT traded up $24.69 during trading hours on Wednesday, hitting $592.92. The company had a trading volume of 11,009,669 shares, compared to its average volume of 7,645,653. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $623.35. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The business has a fifty day simple moving average of $436.36 and a 200-day simple moving average of $358.14. The firm has a market cap of $470.75 billion, a P/E ratio of 55.67, a price-to-earnings-growth ratio of 1.63 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter last year, the company earned $2.39 EPS. The company’s revenue for the quarter 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. Equities analysts predict 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. Investors of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is currently 19.91%.

Hedge Funds Weigh In On Applied Materials

A number of institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after acquiring an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC grew its position in Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock worth $590,000 after purchasing an additional 679 shares in the last quarter. Forefront Wealth Partners LLC purchased a new position in Applied Materials during the 2nd quarter worth approximately $410,000. Schnieders Capital Management LLC. grew its position in Applied Materials by 30.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock worth $2,747,000 after purchasing an additional 3,469 shares in the last quarter. Finally, Sei Investments Co. grew its position in Applied Materials by 59.3% during the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock worth $77,383,000 after purchasing an additional 157,426 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Key Applied Materials News

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

• Positive Sentiment: Citi’s higher price target and broader optimism around AI spending are fueling demand for semiconductor equipment stocks, with AMAT singled out as a beneficiary. Applied Materials surges as Citi lifts target on AI demand boom
• Positive Sentiment: Applied Materials unveiled SENZ, a fully integrated visual system for next-generation smart glasses, expanding its addressable market beyond semiconductor tools and into AI/AR hardware infrastructure. Applied Materials shares jump on launch of integrated AR smart glasses system
• Positive Sentiment: Its Semiconductor Systems segment is still benefiting from AI-driven chip investments, with record revenue and strength in advanced packaging pointing to continued momentum in 2026. Can AMAT’s Semiconductor Systems Segment Sustain Momentum in 2026?
• Positive Sentiment: A long-term partnership with EssilorLuxottica to develop AR optics and AI-powered smart eyewear gives AMAT another growth narrative and supports the view that the company is building new revenue streams. EssilorLuxottica and Applied Materials Join Forces to Advance Augmented Reality Optics Platforms for Next-Generation Smart Glasses
• Neutral Sentiment: Several commentary pieces argue that semiconductor equipment suppliers are capturing outsized value in the AI supply chain, reinforcing a favorable industry backdrop for AMAT. Why Semiconductor Equipment Suppliers Are Crushing Their Customers in 2026
• Negative Sentiment: Some market commentary notes AMAT’s valuation has become stretched, which could make the stock more vulnerable if AI demand or analyst enthusiasm cools. Applied Materials valuation tops dot-com peak

Analysts Set New Price Targets

AMAT has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their target price on shares of Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Bank of America raised their price objective on shares of Applied Materials from $465.00 to $540.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Zacks Research cut Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $525.00 target price on shares of Applied Materials in a report on Friday, May 15th. Finally, Stifel Nicolaus set a $530.00 target price on Applied Materials in a report on Friday, May 15th. Twenty-seven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $489.16.

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.