Applied Materials (NASDAQ:AMAT) Stock Unloaded by Rep. Josh Gottheimer

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 2.1%

Shares of NASDAQ AMAT opened at $509.57 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The company has a 50-day moving average price of $488.90 and a 200-day moving average price of $481.64. The stock has a market capitalization of $404.39 billion, a P/E ratio of 43.93, a P/E/G ratio of 1.45 and a beta of 1.60. Applied Materials, Inc. has a 1 year low of $203.40 and a 1 year high of $739.67.

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

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is 18.28%.

Key Applied Materials News

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

• Positive Sentiment: AI and semiconductor demand remain key growth drivers. Applied Materials is highlighted alongside NVIDIA, TSMC and Lam Research as a chip-industry company with dependable earnings and exposure to sustained AI-related demand. Its revenue trajectory has also recently strengthened relative to Qualcomm and Marvell Technology. 4 Top Chip Stocks With Dependable Earnings to Ride the AI Boom
• Positive Sentiment: Applied Materials expanded its semiconductor research partnership with UCLA Engineering. The collaboration at the EPIC Center is intended to accelerate the path from semiconductor breakthroughs to commercial manufacturing, potentially supporting future equipment demand and technology leadership. Applied Materials and UCLA Engineering Accelerate Semiconductor Innovation at the EPIC Center
• Positive Sentiment: The company’s Applied Global Services business is showing momentum. AI-enabled services, recurring revenue and continued demand from semiconductor fabs could support AGS growth through 2030, improving the stability of Applied Materials’ revenue mix. Can Applied Materials Sustain Momentum in Its AGS Business?
• Neutral Sentiment: TSMC’s proposed capital spending of up to $64 billion could benefit equipment suppliers such as Applied Materials, though an industry veteran argued that spending may still be insufficient for expected chip demand. TSMC Plans Up to $64 Billion in Capex
• Negative Sentiment: Insider selling added near-term pressure. A report attributed the stock’s weakness partly to sales by company insiders, which can raise concerns about management confidence even when the transactions are not necessarily tied to a change in fundamentals. Applied Materials Stock Falls After Insider Selling
• Negative Sentiment: Applied Materials suffered a larger decline than the general market, suggesting broader investor risk aversion or profit-taking in a richly valued semiconductor-equipment stock. Commentary from Jim Cramer and other bullish analyses supports the business outlook, but valuation remains an important consideration. Applied Materials Suffers a Larger Drop Than the General Market

Wall Street Analyst Weigh In

AMAT has been the topic of a number of recent research reports. Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, September 26th. Barclays increased their price target on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Morgan Stanley reduced their price objective on Applied Materials from $642.00 to $563.00 and set an “equal weight” rating for the company in a research note on Monday, September 28th. William Blair started coverage on shares of Applied Materials in a research report on Tuesday, August 11th. They set a “market perform” rating for the company. Finally, Rothschild & Co Redburn raised their price objective on shares of Applied Materials from $450.00 to $560.00 and gave the stock a “neutral” rating in a report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $640.20.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Ausdal Financial Partners Inc. purchased a new stake in shares of Applied Materials in the 2nd quarter worth about $4,005,000. Caldwell Investment Management Ltd. bought a new position in Applied Materials during the 2nd quarter valued at approximately $1,589,000. CX Institutional raised its stake in Applied Materials by 333.3% during the third quarter. CX Institutional now owns 25,853 shares of the manufacturing equipment provider’s stock valued at $12,631,000 after buying an additional 19,886 shares during the last quarter. Evolve Private Wealth LLC raised its stake in Applied Materials by 59.0% during the first quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock valued at $983,000 after buying an additional 1,067 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Applied Materials by 3.0% in the second quarter. Principal Financial Group Inc. now owns 1,008,591 shares of the manufacturing equipment provider’s stock worth $729,211,000 after acquiring an additional 28,982 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Insider Transactions at Applied Materials

In other news, CAO Adam Sanders sold 725 shares of the firm’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the completion of the transaction, the chief accounting officer directly owned 3,181 shares in the company, valued at $1,732,245.36. This trade represents a 18.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total value of $3,594,375.00. Following the completion of the transaction, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. This represents a 5.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,225 shares of company stock valued at $4,454,181. 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.