Published: Thu, March 15, 2018
Business | By Tara Barton

Applied Materials (AMAT) Receives News Impact Rating of 0.20


The institutional investor held 28,685 shares of the consumer services company at the end of 2017Q3, valued at $1.01 million, up from 10,515 at the end of the previous reported quarter. Middleton & Co Inc who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $83.00 billion market cap company. Zions Bancorporation now owns 2,636 shares of the manufacturing equipment provider's stock worth $137,000 after purchasing an additional 2,049 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Applied Materials by 10.2% during the 4th quarter. After a recent check, Applied Materials, Inc. stock is found to be 3.01% volatile for the week, while 3.42% volatility recorded for the month with ATR of 2.1. It has outperformed by 38.71% the S&P500.

Strategic Wealth Advisors Groupinc increased its stake in Applied Materials (AMAT) by 32.21% based on its latest 2017Q3 regulatory filing with the SEC.

Applied Materials, Inc., (NASDAQ: AMAT) exhibits a change of -2.1% during the last trading, with the company's shares hitting the price near 59.69 on active trading volume of 4127374 contrast its three months average trading volume of 14.13M. The stock decreased 2.10% or $1.28 during the last trading session, reaching $59.69. About 10.98 million shares traded. (NYSE:NWY) has declined 49.15% since March 14, 2017 and is downtrending. It has outperformed by 104.70% the S&P500. Over the last week of the month, it was -0.50%, 16.06% over the last quarter, and 30.96% for the past six months. (NASDAQ:AMAT) has an average volume of 14.16 Million. It also reduced its holding in Verizon Communicatn (NYSE:VZ) by 101,335 shares in the quarter, leaving it with 9,340 shares, and cut its stake in Ishares Tr (DVY). Holderness Invests has 91,827 shares. Its up 0.01, from 0.82 in 2017Q2. 114 funds opened positions while 708 raised stakes. Centre Asset Mgmt Limited Liability Corp owns 160,800 shares or 2.17% of their U.S. portfolio. Smithfield has 8,792 shares. Janus Henderson Group PLC now owns 12,097,037 shares of the manufacturing equipment provider's stock valued at $630,146,000 after acquiring an additional 650,755 shares during the last quarter. Voya Invest Llc has 0% invested in RPX Corporation (NASDAQ:RPXC) for 23,671 shares. Tru Of Virginia Va stated it has 0.03% in Applied Materials, Inc. Manchester Mngmt holds 1,212 shares. Tnb Financial has 3,893 shares. Hutchinson Mgmt Ca reported 169,830 shares. Fmr owns 0.01% invested in Foot Locker, Inc. Analysts study insider data to get a sense of sense of what key shareholders think about the outlook for a particular stock. Legacy Prtn accumulated 37,646 shares or 1.47% of the stock. (NASDAQ:AMAT). Moors & Cabot holds 0.1% in Applied Materials, Inc. 54,095 are owned by Solaris Asset Mngmt Limited Liability Co. Therefore 78% are positive. RPX Corporation had 12 analyst reports since August 20, 2015 according to SRatingsIntel. The stock has a consensus rating of "Buy" and an average target price of $64.10. This based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. The firm has "Buy" rating given on Friday, May 20 by B. Riley & Co. Wunderlich upgraded the shares of MSFT in report on Friday, October 21 to "Buy" rating. The rating was upgraded by Goldman Sachs on Wednesday, February 3 to "Conviction Buy". The rating was downgraded by Robert W. Baird to "Neutral" on Wednesday, December 16. According to their observations and findings, the stock could provide a high EPS of $1.15/share and a low EPS of $1.12/share. AMAT's profit will be $1.19B for 13.33 P/E if the $1.13 EPS becomes a reality. The manufacturing equipment provider reported $1.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.08.

Investigating the productivity proportions of Applied Materials, Inc. stock, the speculator will discover its ROE, ROA, ROI remaining at 33%, 15%, and 24.4%, individually. AMAT institutional ownership is held at 81.7% while insider ownership was 0.5%. Therefore 100% are positive.

According to Zacks, "Applied Materials delivered strong fiscal first-quarter results on the back of demand for chips used in electronic items". Bank of America raised their price target on Applied Materials from $65.00 to $76.00 and gave the stock a "buy" rating in a research report on Wednesday, November 15th. Needham maintained the stock with "Buy" rating in Monday, September 18 report. (NASDAQ:AMAT) on Thursday, April 14 to "Buy" rating. Pacific Crest maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Thursday, February 15. (NASDAQ:AMAT) has "Buy" rating given on Tuesday, August 11 by Summit Research. The firm earned "Underweight" rating on Thursday, August 20 by Barclays Capital. The firm has "Buy" rating by Robert W. Baird given on Monday, October 30.

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That activity is comparable to their recent volume average trend of almost 0.68 million shares which they recorded over a period of three months. Iannotti Thomas J sold 15,000 shares worth $922,050. Shares for $6.44M were sold by Salehpour Ali on Friday, December 29. Also, Director Stephen R. Forrest sold 4,000 shares of the company's stock in a transaction on Wednesday, January 3rd.

This represents an increase of 17% in the number of shares being shorted compared to the previous reading, and implies that investors felt more pessimistic about the stock during the past two weeks. Its up 0.24, from 0.82 in 2017Q2. It fall, as 40 investors sold AMAT shares while 325 reduced holdings. At a certain point in the past four quarters, the shares traded as low as $1.10 but made a 116.36% recovery since then. Nationwide Fund Advsrs holds 0.01% of its portfolio in RPX Corporation (NASDAQ:RPXC) for 172,449 shares. National Planning has 4,052 shares. Applied Materials Inc now has $62.72 billion valuation. (NASDAQ:AMAT). Virginia Retirement Et Al stated it has 0.4% of its portfolio in Applied Materials, Inc. Also, a 55.28% expansion in Applied Materials, Inc. Nicholas Inv Partners Limited Partnership has 0.47% invested in Applied Materials, Inc. Cibc World Inc accumulated 86,570 shares. The Quebec - Canada-based Pub Sector Pension Investment Board has invested 0.03% in Applied Materials, Inc. (NASDAQ:AMAT) for 1.97 million shares.

Despite the past success, investors want to know where the stock is headed from here. Pnc Financial Services Gru has 0.11% invested in Applied Materials, Inc.

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