1,171 Applied Materials, Inc. $AMAT Shares Sold by William Allan Corp

Posted by on Oct 15th, 2026

William Allan Corp trimmed its position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 2.9% during the third quarter, HoldingsChannel reports. The fund owned 39,010 shares of the manufacturing equipment provider’s stock after selling 1,171 shares during the quarter. Applied Materials comprises 10.6% of William Allan Corp’s holdings, making the stock its biggest position. William Allan Corp’s holdings in Applied Materials were worth $19,949,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AMAT. Mather Group LLC. boosted its stake in shares of Applied Materials by 32.5% in the third quarter. Mather Group LLC. now owns 22,417 shares of the manufacturing equipment provider’s stock valued at $11,464,000 after buying an additional 5,494 shares in the last quarter. West Wealth Group LLC grew its holdings in Applied Materials by 2.6% during the third quarter. West Wealth Group LLC now owns 1,528 shares of the manufacturing equipment provider’s stock worth $781,000 after acquiring an additional 38 shares during the period. Strategy Asset Managers LLC lifted its holdings in Applied Materials by 122.4% in the third quarter. Strategy Asset Managers LLC now owns 2,738 shares of the manufacturing equipment provider’s stock valued at $1,400,000 after acquiring an additional 1,507 shares during the period. Godsey & Gibb Inc. lifted its holdings in Applied Materials by 2.5% in the third quarter. Godsey & Gibb Inc. now owns 1,296 shares of the manufacturing equipment provider’s stock valued at $663,000 after acquiring an additional 31 shares during the period. Finally, Financial Planning Navigators CORP boosted its position in shares of Applied Materials by 9.9% during the 3rd quarter. Financial Planning Navigators CORP now owns 577 shares of the manufacturing equipment provider’s stock worth $295,000 after purchasing an additional 52 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Applied Materials

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

  • Positive Sentiment: Royal Bank of Canada reaffirmed its “Outperform” rating and assigned a $600 price target, implying substantial potential upside. Analysts overall see roughly 39% upside based on consensus targets, supported by favorable earnings-estimate revisions. Applied Materials long-term targets
  • Positive Sentiment: Applied Materials unveiled its EPIC semiconductor research and development center, backed by major industry partners including Intel, Micron, SK Hynix and Samsung. The approximately $5 billion initiative is intended to accelerate advanced-chip development and strengthen the company’s position in AI infrastructure. Applied Materials EPIC center
  • Positive Sentiment: Management highlighted potential market-share gains, eBeam equipment revenue of about $2 billion in 2026 and semiconductor-services revenue exceeding $12 billion by 2030. Applied Ventures also invested in Flexcompute to advance AI-powered physics modeling for faster chip research and development. Applied Ventures Flexcompute investment
  • Neutral Sentiment: Applied Materials has continued to beat quarterly earnings expectations, but investors are weighing those results against an elevated valuation and concerns about how much future AI spending is already reflected in the stock.
  • Negative Sentiment: The stock came under pressure after the investor-day presentation because the 2030 margin and growth targets were viewed as conservative or insufficiently specific. Reports also pointed to an omission that raised concerns about the company’s future outlook, tempering enthusiasm for the otherwise strong AI-demand narrative. Why Applied Materials sank
  • Negative Sentiment: Semiconductor-equipment shares broadly sold off as investors took profits after a strong run, with weakness in overseas chip markets adding pressure. Broader technology declines and uncertainty ahead of inflation data further reduced risk appetite. Semiconductor equipment stock selloff

Insider Transactions at Applied Materials

In other news, Director Judy Bruner sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the transaction, the director directly owned 25,544 shares of the company’s stock, valued at $11,877,960. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Adam Sanders sold 725 shares of Applied Materials stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total value of $394,806.00. Following the transaction, the chief accounting officer owned 3,181 shares of the company’s stock, valued at $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 9,225 shares of company stock valued at $4,454,181 in the last ninety days. Corporate insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on AMAT shares. Sanford C. Bernstein upped their price target on shares of Applied Materials from $675.00 to $700.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Berenberg Bank increased their price target on shares of Applied Materials from $575.00 to $675.00 and gave the company a “buy” rating in a report on Monday, August 17th. Mizuho reduced their price objective on shares of Applied Materials from $650.00 to $590.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. HC Wainwright set a $850.00 price objective on shares of Applied Materials in a report on Monday, June 29th. Finally, The Goldman Sachs Group boosted their price objective on shares of Applied Materials from $645.00 to $670.00 and gave the stock a “buy” rating in a report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and an average price target of $640.20.

Get Our Latest Stock Analysis on AMAT

Applied Materials Trading Down 3.8%

Shares of AMAT stock opened at $446.63 on Thursday. The stock has a market cap of $354.45 billion, a P/E ratio of 38.50, a P/E/G ratio of 1.29 and a beta of 1.60. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $739.67. The business has a fifty day simple moving average of $485.07 and a 200-day simple moving average of $484.96.

Applied Materials (NASDAQ:AMAT – Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The business had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the previous year, the company posted $2.48 EPS. The business’s revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, analysts forecast that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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 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%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is 18.28%.

About Applied Materials

(Free Report)

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.

Read More

Want to see what other hedge funds are holding AMAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Materials, Inc. (NASDAQ:AMAT – Free Report).

Institutional Ownership by Quarter for Applied Materials (NASDAQ:AMAT)

Receive News & Ratings for Applied Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Materials and related companies with MarketBeat.com's FREE daily email newsletter.