Applied Materials (NASDAQ:AMAT) SVP Omkaram Nalamasu Sells 24,263 Shares

Applied Materials, Inc. (NASDAQ:AMAT) SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the transaction, the senior vice president directly owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, June 15th, Omkaram Nalamasu sold 10,737 shares of Applied Materials stock. The shares were sold at an average price of $591.95, for a total value of $6,355,767.15.

Applied Materials Trading Up 4.3%

Shares of Applied Materials stock traded up $24.69 during midday trading on Wednesday, reaching $592.92. 11,009,669 shares of the company’s stock traded hands, compared to its average volume of 7,645,653. 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 company has a market cap of $470.75 billion, a PE ratio of 55.67, a price-to-earnings-growth ratio of 1.63 and a beta of 1.67. The stock has a 50 day moving average of $436.36 and a 200-day moving average of $358.14. Applied Materials, Inc. has a 12 month low of $154.46 and a 12 month high of $623.35.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities analysts expect that Applied Materials, Inc. will post 12.1 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is currently 19.91%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Jefferies Financial Group increased their target price on 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 reiterated an “outperform” rating and issued a $525.00 price objective on shares of Applied Materials in a report on Friday, May 15th. Cantor Fitzgerald increased their price objective on Applied Materials from $575.00 to $650.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Citigroup increased their price target on shares of Applied Materials from $550.00 to $710.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Mizuho increased their price target on shares of Applied Materials from $500.00 to $540.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $489.16.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMAT. Private Wealth Management Group LLC increased its holdings in shares of Applied Materials by 4.9% during the first quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock valued at $181,000 after acquiring an additional 25 shares in the last quarter. One Day In July LLC increased its holdings in shares of Applied Materials by 2.4% during the first quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider’s stock valued at $372,000 after acquiring an additional 26 shares in the last quarter. Pinnacle Bancorp Inc. increased its holdings in shares of Applied Materials by 1.3% during the first quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock valued at $712,000 after acquiring an additional 27 shares in the last quarter. Horst & Graben Wealth Management LLC increased its stake in Applied Materials by 2.1% during the 1st quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider’s stock valued at $446,000 after purchasing an additional 27 shares in the last quarter. Finally, Warther Private Wealth LLC increased its stake in Applied Materials by 1.5% during the 4th quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock valued at $490,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

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.