Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Applied Materials, Inc. (NASDAQ:AMAT). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in Applied Materials stock on September 15th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 9/25/2026.
- Purchased $1,001 – $15,000 in shares of Restaurant Brands International (NYSE:QSR) on 8/6/2026.
- Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/6/2026.
- Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGM) on 7/24/2026.
- Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/24/2026.
- Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 7/23/2026.
- Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/23/2026.
- Purchased $1,001 – $15,000 in shares of NiCE (NASDAQ:NICE) on 7/20/2026.
- Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/20/2026.
- Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 7/17/2026.
Applied Materials Stock Down 0.5%
Shares of NASDAQ AMAT opened at $507.03 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The business has a 50-day moving average of $488.88 and a 200-day moving average of $481.82. The firm has a market capitalization of $402.38 billion, a price-to-earnings ratio of 43.71, a PEG ratio of 1.42 and a beta of 1.60. Applied Materials, Inc. has a 12 month low of $203.40 and a 12 month high of $739.67.
Applied Materials Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s payout ratio is presently 18.28%.
Trending Headlines about Applied Materials
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Applied Materials announced that UCLA’s Samueli School of Engineering will join its EPIC Center to accelerate semiconductor research, process development and commercialization. The collaboration could strengthen the company’s technology pipeline and relationships with chip manufacturers. Applied Materials and UCLA Engineering Accelerate Semiconductor Innovation at the EPIC Center
- Positive Sentiment: Strong planned capital spending by TSMC—potentially reaching $64 billion—supports the outlook for semiconductor manufacturing-equipment suppliers. An Applied Materials veteran suggested TSMC may still need to invest more to meet demand, which could create additional opportunities for AMAT. TSMC Plans Up to $64 Billion in Capex
- Positive Sentiment: Analyst commentary points to improving momentum in Applied Materials’ Applied Global Services business, supported by AI-enabled services, recurring revenue and sustained fabrication-facility demand through 2030. Recent comparisons also indicate AMAT’s revenue growth trajectory has strengthened relative to Qualcomm and Marvell Technology.
- Positive Sentiment: Recent quarterly results provide fundamental support: earnings and revenue exceeded consensus estimates, while revenue increased 24.8% year over year. Management’s fourth-quarter fiscal 2026 earnings guidance also implies continued growth.
- Neutral Sentiment: Brokerage recommendations remain favorable, but the reports caution that average analyst ratings can be overly optimistic and should not be treated as a standalone buy signal. Brokers Suggest Investing in Applied Materials
- Neutral Sentiment: A short-interest update reported zero shares sold short and a zero-day days-to-cover ratio, although the wording describing a “significant increase” appears inconsistent with the reported figures. The data therefore offers little reliable directional information.
- Negative Sentiment: Applied Materials underperformed the broader market in the latest session, falling about 2.1%. Reports also linked the weakness to insider selling, which can raise concerns about near-term sentiment even when it does not change the company’s fundamentals. Applied Materials Stock Falls After Insider Selling
- Negative Sentiment: A member of Congress sold AMAT less than two months after purchasing it and missed a subsequent rally. While the transaction is not a fundamental development, the attention surrounding the sale may add to investor scrutiny. Congressman Sells Applied Materials Stock Before Recent Rally
Analyst Ratings Changes
Several brokerages recently issued reports on AMAT. Argus set a $600.00 target price on shares of Applied Materials and gave the stock a “buy” rating in a research report on Tuesday, August 18th. William Blair assumed coverage on Applied Materials in a research note on Tuesday, August 11th. They set a “market perform” rating for the company. Rothschild & Co Redburn upped their price objective on Applied Materials from $450.00 to $560.00 and gave the stock a “neutral” rating in a report on Wednesday, June 17th. UBS Group raised their price objective on Applied Materials from $675.00 to $695.00 and gave the company a “buy” rating in a report on Tuesday, September 1st. Finally, The Goldman Sachs Group boosted their target price on Applied Materials from $645.00 to $670.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $640.20.
Check Out Our Latest Stock Analysis on AMAT
Institutional Trading of Applied Materials
A number of institutional investors have recently modified their holdings of AMAT. Armstrong Advisory Group Inc. boosted its stake in shares of Applied Materials by 67.0% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 593 shares of the manufacturing equipment provider’s stock valued at $303,000 after purchasing an additional 238 shares in the last quarter. Oak Grove Capital LLC purchased a new stake in Applied Materials in the third quarter worth about $477,000. Marquette Asset Management LLC boosted its position in Applied Materials by 94.4% during the 3rd quarter. Marquette Asset Management LLC now owns 210 shares of the manufacturing equipment provider’s stock valued at $107,000 after acquiring an additional 102 shares in the last quarter. Gilpin Wealth Management LLC grew its holdings in shares of Applied Materials by 4.8% during the 3rd quarter. Gilpin Wealth Management LLC now owns 455 shares of the manufacturing equipment provider’s stock worth $221,000 after acquiring an additional 21 shares during the period. Finally, Valley Wealth Managers Inc. lifted its stake in shares of Applied Materials by 1.8% in the 3rd quarter. Valley Wealth Managers Inc. now owns 2,598 shares of the manufacturing equipment provider’s stock valued at $1,328,000 after purchasing an additional 47 shares during the period. 80.56% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, CFO Brice Hill sold 7,500 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total value of $3,594,375.00. Following the sale, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at $61,637,780.25. This represents a 5.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Adam Sanders sold 725 shares of Applied Materials stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the transaction, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. This trade represents a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 9,225 shares of company stock valued at $4,454,181 over the last ninety days. Company insiders own 0.30% of the company’s stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Applied Materials
Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.
The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.
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