Bokf Na Sells 3,029 Shares of Applied Materials, Inc. $AMAT

Bokf Na reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 83,263 shares of the manufacturing equipment provider’s stock after selling 3,029 shares during the quarter. Bokf Na’s holdings in Applied Materials were worth $17,047,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Marquette Asset Management LLC boosted its stake in Applied Materials by 150.0% during the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new position in Applied Materials during the third quarter valued at approximately $26,000. Financial Gravity Companies Inc. bought a new stake in Applied Materials in the second quarter valued at approximately $31,000. Manning & Napier Advisors LLC acquired a new stake in Applied Materials in the third quarter worth $31,000. Finally, Howard Hughes Medical Institute acquired a new stake in Applied Materials in the second quarter worth $32,000. 80.56% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Judy Bruner sold 2,500 shares of Applied Materials stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total value of $979,275.00. Following the sale, the director owned 26,089 shares of the company’s stock, valued at approximately $10,219,322.19. This trade represents a 8.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brice Hill sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the transaction, the chief financial officer directly owned 138,565 shares of the company’s stock, valued at $50,051,063.65. This represents a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,003 shares of company stock worth $4,484,189 over the last three months. Corporate insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

AMAT has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price target on shares of Applied Materials from $420.00 to $432.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 25th. Zacks Research raised Applied Materials from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. lifted their target price on Applied Materials from $220.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Cantor Fitzgerald reissued an “overweight” rating and issued a $470.00 target price on shares of Applied Materials in a research note on Friday, February 13th. Finally, TD Cowen increased their price target on Applied Materials from $315.00 to $450.00 and gave the stock a “buy” rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $363.46.

Applied Materials Trading Up 1.5%

Shares of NASDAQ:AMAT opened at $351.07 on Thursday. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $395.95. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. The company’s fifty day simple moving average is $331.42 and its 200 day simple moving average is $260.02. The firm has a market cap of $278.61 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.56 and a beta of 1.65.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.17. The firm had revenue of $7.01 billion during the quarter, compared to analyst estimates of $6.88 billion. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The company’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Key Applied Materials News

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

• Positive Sentiment: Long‑term partnership with SK hynix to co‑develop advanced DRAM and high‑bandwidth memory (HBM), with engineers collaborating at Applied’s EPIC Center to accelerate AI memory innovation. Applied Materials and SK Hynix partner for next‑gen AI memory development
• Positive Sentiment: Partnership with Micron to develop next‑generation DRAM, HBM and NAND for energy‑efficient AI systems — market coverage reports and trade commentary show investors treating this as a strategic win for AMAT’s equipment and services revenue. Applied Materials and Micron Partner To Advance U.S. Innovation in Next‑Generation AI Memory Solutions
• Positive Sentiment: Sector commentary and trade notes highlight AMAT as a beneficiary of the AI hardware cycle — outlets and analysts point to AMAT and Micron as winners within the AI trade, supporting near‑term investor demand. AMAT and Micron still winning in AI trade despite QQQ and sector weakness
• Neutral Sentiment: Research roundup notes AMAT riding a semiconductor rebound but flags rising risks — this provides context for upside while warning of cyclicality. Top Research Reports for JPMorgan, Johnson & Johnson & Applied Materials
• Neutral Sentiment: Reported short‑interest data in recent feeds shows effectively zero reported short interest (likely a reporting/data artifact), so short‑squeeze risk appears minimal based on available numbers.
• Negative Sentiment: Erste Group initiated coverage with a Hold rating, which may temper upside from the partnership headlines for some institutional holders. Erste Group Initiated Applied Materials, Inc. (AMAT) With a Hold Rating – Here’s Why
• Negative Sentiment: Despite strong free cash flow (Q1 FCF noted), coverage highlighted a recent pullback from highs — reminders of semicon cyclicality and profit‑taking could weigh on near‑term performance. Applied Materials Q1 2026 Free Cash Flow Hit $1.04 Billion, So Why Is the Stock Sliding

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.