Applied Materials, Inc. $AMAT Shares Purchased by Boothbay Fund Management LLC

Posted by James Conley on Jun 18th, 2026

Boothbay Fund Management LLC increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 254.8% in the 4th quarter, Holdings Channel reports. The firm owned 47,983 shares of the manufacturing equipment provider’s stock after purchasing an additional 34,459 shares during the period. Boothbay Fund Management LLC’s holdings in Applied Materials were worth $12,331,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AMAT. Cornerstone Financial Management LLC purchased a new stake in Applied Materials during the 4th quarter valued at about $25,000. Redmont Wealth Advisors LLC purchased a new stake in Applied Materials during the 3rd quarter valued at about $26,000. Wilkerson Advisory Group LLC purchased a new stake in Applied Materials during the 4th quarter valued at about $26,000. Highline Wealth Partners LLC grew its stake in Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after acquiring an additional 38 shares in the last quarter. Finally, Joseph Group Capital Management purchased a new stake in Applied Materials during the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $592.92 on Thursday. 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 stock has a market capitalization of $470.75 billion, a P/E ratio of 55.67, a PEG ratio of 1.58 and a beta of 1.67. The company has a 50 day moving average price of $441.16 and a 200 day moving average price of $360.55. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $623.35.

Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 12.1 EPS for the current year.

Applied Materials Dividend Announcement

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

Insider Buying and Selling

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction that occurred on 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 transaction, the senior vice president owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Prabu G. Raja sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the completion of the transaction, the insider directly owned 356,642 shares of the company’s stock, valued at $180,204,069.76. This represents a 12.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 189,767 shares of company stock worth $107,769,409 over the last three months. 0.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

AMAT has been the subject of several research reports. Mizuho upped their price objective on shares of Applied Materials from $500.00 to $540.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Citigroup upped their price objective on shares of Applied Materials from $550.00 to $710.00 and gave the company a “buy” rating in a research note on Wednesday. Zacks Research downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Barclays raised their price target on shares of Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Finally, Morgan Stanley restated an “equal weight” rating and set a $502.00 price target (up from $454.00) on shares of Applied Materials in a report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $489.16.

Check Out Our Latest Stock Analysis on AMAT

Key Applied Materials News

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

Positive Sentiment: Citi raised its price target on Applied Materials, boosting confidence that AI infrastructure spending and demand for memory-chip manufacturing tools will keep growth strong. Applied Materials surges as Citi lifts target on AI demand boom
Positive Sentiment: The company unveiled SENZ, an integrated AI/AR smart-glasses visual platform, expanding its story beyond semiconductor equipment into next-generation optics and wearable tech. EssilorLuxottica and Applied Materials Join Forces to Advance Augmented Reality Optics Platforms for Next-Generation Smart Glasses
Positive Sentiment: Applied Materials and EssilorLuxottica announced a long-term partnership to develop AR and AI smart-eyewear optics, suggesting an additional growth avenue and validating AMAT’s materials expertise. EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology
Positive Sentiment: Multiple reports highlighted record highs and strong momentum for chip-equipment stocks, with AMAT benefiting from the broader AI-driven rally in semiconductor capital equipment. Applied Materials Stock Is One Of the S&P 500 Leaders Today. It’s AI.

Applied Materials Profile

(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.