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Wednesday, June 7, 2023

Applied Materials Inc. (NASDAQ: AMAT) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Applied Materials Inc. (AMAT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.06, or -0.05%, to $116.00. The Applied Materials Inc. has recorded 932,928 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Applied Materials Announces Q2 FY2023 Earnings Webcast.

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Stocks Info

Applied Materials Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductor Equipment & Materials industry. At the end of the last regular session, the stock closed at $116.06 and fluctuated between $116.62 as its day high and $112.97 as its day low. The current market capitalization of Applied Materials Inc. is $95.03B. A total of 4.87 million shares were traded on the day, compared to an average of 6.35M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, AMAT has seen 9 BUY and 2 SELL insider trades, representing the acquisition of 18,450 and the disposition of 36,257 shares. Over the last 12 months, there were 31 BUYs and 18 SELLs from insiders. Insiders purchased 639,879 shares during that period but sold 350,320.

In the most recent transaction, Nalamasu Omkaram sold 29,444 shares of AMAT for 124.70 per share on Mar 20. After the transaction, the Senior Vice President, CTO now owns 194,298 company shares. In a previous transaction on Feb 28, Little Teri A. sold 6,813 shares at 117.44 per share. AMAT shares that SVP, CLO owns now total 98,332.

Among the insiders who sold shares, CHEN XUN disposed of 377 shares on Jan 20 at a per-share price of $107.80. This resulted in the Director holding 0 shares of AMAT after the transaction. In another insider transaction, Deane Timothy M sold 29 shares at $91.46 per share on Sep 14. Company shares held by the GVP, Applied Global Services now total 87,532.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Applied Materials Inc. pays an annual dividend of $1.28, resulting in a dividend yield of 1.10%, and it has a price to earnings (P/E) ratio of 15.55. AMAT’s most recent ex-dividend date was 5/24/2023 when it declared a $0.32 quarterly dividend that was paid in cash on 6/15/2023. Previously, the company paid the dividend on 3/16/2023 with an ex-dividend date of 2/22/2023. The AMAT stock dividend was $0.26 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for AMAT in the last 3 months, the mean price target is $132.50 with high estimates of $150.00 and low estimates of $90.00. In terms of 52-week highs and lows, AMAT has a high of $125.62 and a low of $71.12.

As of this writing, AMAT has an earnings estimate of $1.84 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $1.87 per share and a lower estimate of $1.8. The company reported an EPS of $2.03 in the last quarter, which was 17.30% higher than expectations of $1.73.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. AMAT’s latest balance sheet shows that the firm has $5.46B in Cash & Short Term Investments as of fiscal 2021. There were $5.45B in debt and $6.34B in liabilities at the time. Its Book Value Per Share was $15.88, while its Total Shareholder’s Equity was $12.25B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMAT is Buy with a score of 4.27.

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