Applied Materials (NASDAQ:AMAT) Stock Sale Disclosed 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 Trading Down 2.1%

Shares of Applied Materials stock opened at $509.57 on Friday. The firm’s 50 day moving average is $488.90 and its 200 day moving average is $481.64. The firm has a market capitalization of $404.39 billion, a PE ratio of 43.93, a price-to-earnings-growth 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. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating the consensus estimate of $3.40 by $0.10. The business had revenue of $9.12 billion during the quarter, compared to the consensus estimate 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 firm earned $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders 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 is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Trending Headlines about Applied Materials

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

• Positive Sentiment: AI and semiconductor demand remain key growth drivers. Analysts and commentary highlighted Applied Materials’ improving revenue trajectory, dependable earnings, and exposure to rising chip complexity and artificial-intelligence infrastructure spending relative to peers such as Qualcomm, Marvell Technology, Lam Research, and KLA. Applied Materials vs. Qualcomm revenue trends Applied Materials vs. Marvell Technology revenue trends
• Positive Sentiment: AGS momentum could support recurring revenue. Applied Materials’ Applied Global Services business is gaining support from AI-enabled services, fab utilization, and recurring customer revenue, with growth potential extending through 2030. Can Applied Materials sustain AGS momentum?
• Positive Sentiment: UCLA partnership strengthens long-term innovation prospects. Applied Materials and UCLA Engineering will collaborate at the EPIC Center to accelerate the commercialization of semiconductor research, potentially shortening the path from laboratory breakthroughs to high-volume manufacturing. Applied Materials and UCLA Engineering partnership
• Neutral Sentiment: TSMC’s planned capital spending is a demand positive, but not an immediate catalyst. An Applied Materials veteran said TSMC may still be underbuilding despite potential capital expenditures of up to $64 billion, underscoring continued equipment demand while also raising questions about investment timing. TSMC capital spending outlook
• Negative Sentiment: Insider selling and market weakness pressured the stock. Reports of insider share sales added a near-term sentiment headwind, while AMAT declined more than the broader market. The move comes despite the company’s strong fundamentals, including recent earnings and revenue beats, leaving valuation sensitivity as another potential concern. Applied Materials insider selling Applied Materials market performance

Insider Buying and Selling 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 shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the sale, the chief accounting officer owned 3,181 shares in the company, valued at approximately $1,732,245.36. This trade represents a 18.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 the company’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the transaction, the chief financial officer owned 128,613 shares of the company’s stock, valued at $61,637,780.25. This trade represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,225 shares of company stock valued at $4,454,181 in the last 90 days. Corporate insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. BlackRock Inc. boosted its holdings in Applied Materials by 1.6% in the 2nd quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock valued at $57,993,650,000 after purchasing an additional 1,237,685 shares during the period. State Street Corp raised its position in shares of Applied Materials by 85.4% in the second quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock worth $50,267,184,000 after buying an additional 32,018,892 shares in the last quarter. Amundi raised its position in shares of Applied Materials by 19.0% in the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock worth $5,645,344,000 after buying an additional 1,246,876 shares in the last quarter. Van ECK Associates Corp boosted its stake in Applied Materials by 16.2% during the second quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider’s stock valued at $5,576,932,000 after buying an additional 1,073,879 shares during the period. Finally, Bank of America Corp DE purchased a new position in Applied Materials during the second quarter worth about $5,252,863,000. 80.56% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMAT has been the subject of a number of research reports. Needham & Company LLC reiterated a “buy” rating and issued a $740.00 price objective on shares of Applied Materials in a report on Friday, August 14th. Barclays upped their price target on shares of Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $605.00 price target (down from $680.00) on shares of Applied Materials in a research note on Friday, August 14th. Rothschild & Co Redburn boosted their price objective on shares of Applied Materials from $450.00 to $560.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 17th. Finally, Stifel Nicolaus increased their price objective on Applied Materials from $530.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $640.20.

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.

Applied Materials Company Profile

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.