Avanda Investment Management Pte. Ltd. Has $1.54 Million Position in Applied Materials, Inc. $AMAT

Posted by Brenda Bartman on Jul 15th, 2026

Avanda Investment Management Pte. Ltd. boosted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 40.6% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,500 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,300 shares during the period. Applied Materials comprises approximately 2.4% of Avanda Investment Management Pte. Ltd.’s holdings, making the stock its 11th largest position. Avanda Investment Management Pte. Ltd.’s holdings in Applied Materials were worth $1,538,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in AMAT. Cornerstone Financial Management LLC purchased a new stake in shares of Applied Materials during the fourth quarter worth $25,000. Wilkerson Advisory Group LLC purchased a new position in Applied Materials in the fourth quarter valued at about $26,000. Financial Freedom LLC purchased a new position in Applied Materials in the first quarter valued at about $28,000. Highline Wealth Partners LLC increased its position in Applied Materials by 48.7% in the 4th 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 acquired a new position in Applied Materials in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In related news, SVP Timothy M. Deane sold 8,621 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the sale, the senior vice president owned 134,631 shares in the company, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the sale, the senior vice president directly owned 146,916 shares in the company, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 278,088 shares of company stock valued at $169,654,805 in the last three months. Company insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMAT. Barclays lifted their price target on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. JPMorgan Chase & Co. raised their price objective on shares of Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Truist Financial set a $575.00 target price on shares of Applied Materials in a research note on Thursday, May 28th. TD Cowen boosted their target price on shares of Applied Materials from $525.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Seaport Research Partners started coverage on shares of Applied Materials in a research note on Monday, May 4th. They set a “buy” rating and a $500.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $589.48.

View Our Latest Stock Analysis on AMAT

Key Applied Materials News

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

Positive Sentiment: Applied Materials gained attention after reports of a 10-year AI packaging partnership with TSMC, reinforcing its role in the AI supply chain. Applied Materials (AMAT) Lands 10 Year TSMC AI Packaging Partnership
Positive Sentiment: Analysts and commentators remain upbeat on AMAT’s AI demand outlook, with Bernstein rating the stock a Buy and Stifel-style bullish commentary saying the company should benefit from a long AI investment cycle. Applied Materials (AMAT) Gets a Buy from Bernstein
Positive Sentiment: Applied Materials was included in lists of AI beneficiaries poised to produce strong cash flow and capitalize on heavy semiconductor infrastructure spending. The AI Boom Isn’t Over: 3 Stocks to Buy for 2H 2026
Neutral Sentiment: Market headlines also noted Morgan Stanley kept an Equal Weight rating on AMAT, which is supportive but not a strong bullish signal. Morgan Stanley Maintains an “Equal Weight” Rating on Applied Materials, Inc. (AMAT)
Negative Sentiment: Earlier trading saw AMAT fall with the broader chip sector after weakness in Asian semiconductor names and an oil-price spike pressured tech stocks. Intel, AMD, and Applied Materials Drop 4% as SK Hynix Rout and Oil Spike Hit Chip Stocks

Applied Materials Stock Up 3.5%

AMAT opened at $595.70 on Wednesday. The business has a 50 day moving average of $525.21 and a 200-day moving average of $407.88. The stock has a market capitalization of $472.96 billion, a price-to-earnings ratio of 55.93, a P/E/G ratio of 1.46 and a beta of 1.57. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. Applied Materials’s revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 12.13 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s payout ratio is presently 19.91%.

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.