Telemark Asset Management LLC Makes New $10.28 Million Investment in Applied Materials, Inc. $AMAT

Posted by Stanley Muller on Jun 7th, 2026

Telemark Asset Management LLC bought a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 40,000 shares of the manufacturing equipment provider’s stock, valued at approximately $10,280,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Highline Wealth Partners LLC lifted its position in Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after acquiring an additional 38 shares during the last quarter. Joseph Group Capital Management acquired a new position in Applied Materials during the 4th quarter worth $31,000. Redmont Wealth Advisors LLC acquired a new position in Applied Materials during the 3rd quarter worth $26,000. Dogwood Wealth Management LLC lifted its position 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 last quarter. Finally, IMG Wealth Management Inc. lifted its position in Applied Materials by 147.2% during the 4th quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock worth $34,000 after acquiring an additional 78 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In related news, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total transaction of $116,370.96. Following the completion of the sale, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Brice Hill sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the sale, the chief financial officer directly owned 136,113 shares of the company’s stock, valued at approximately $67,901,331.18. This trade represents a 1.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 53,896 shares of company stock valued at $27,135,121. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Price Performance

Shares of Applied Materials stock opened at $453.01 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The firm’s 50-day simple moving average is $408.94 and its 200-day simple moving average is $342.31. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $510.75. The firm has a market cap of $359.67 billion, a P/E ratio of 42.54, a price-to-earnings-growth ratio of 1.27 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the firm posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.

Applied Materials Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials’s payout ratio is presently 19.91%.

Analyst Ratings Changes

AMAT has been the subject of a number of research analyst reports. Erste Group Bank raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. TD Cowen boosted their target price on shares of Applied Materials from $450.00 to $525.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Jefferies Financial Group raised their price target on shares of Applied Materials from $415.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Sanford C. Bernstein restated an “outperform” rating and issued a $525.00 price target on shares of Applied Materials in a research report on Friday, May 15th. Finally, UBS Group raised their price target on shares of Applied Materials from $480.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $470.13.

Read Our Latest Stock Report on AMAT

Key Applied Materials News

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

Positive Sentiment: Applied Materials continues to benefit from AI-related demand and a deeper push into advanced chip packaging, including its completed acquisition of ASMPT NEXX and expanded collaboration with SCREEN Semiconductor, which could support future growth in semiconductor equipment. Applied Materials Deepens AI Chip Packaging Push As Valuation Stretches
Positive Sentiment: The company’s recent earnings results beat estimates, with stronger revenue and EPS, and management’s guidance plus recent analyst price-target increases continue to reinforce the bullish longer-term view. MarketBeat Applied Materials Analysis
Neutral Sentiment: TipRanks noted insider trading activity in AMAT as part of a broader weekend update, adding to investor attention but not necessarily changing the fundamental outlook. Rigetti, McDonald’s, Applied Materials, GM, Rocket Lab Insiders Stir Buzz
Negative Sentiment: Recent insider sales by CFO Brice Hill and executive Prabu G. Raja may have pressured shares, as investors often view heavy insider selling cautiously even when the company’s outlook remains solid. Applied Materials CFO Sells Stock
Negative Sentiment: Semiconductor stocks broadly sold off after the strong jobs report and broader chip-sector weakness tied to the AVGO earnings overhang, which appears to be dragging AMAT lower with the group. Applied Materials, Lam Research, and Nova Stocks Trade Down, What You Need To Know

About Applied Materials

(Free Report)

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.