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Applied Materials Inc. (AMAT): These Numbers Show Where NASDAQ:AMAT Stock Is Going Next

Applied Materials Inc. (NASDAQ: AMAT) is 55.16% higher on its value in year-to-date trading and has touched a low of $129.21 and a high of $249.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AMAT stock was last observed hovering at around $246.29 in the last trading session, with the day’s gains setting it 5.18%.

Currently trading at $251.47, the stock is 6.25% and 13.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.89 million and changing 2.10% at the moment leaves the stock 38.65% off its SMA200. AMAT registered 80.17% gain for a year compared to 6-month gain of 68.77%.

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The stock witnessed a 13.40% loss in the last 1 month and extending the period to 3 months gives it a 20.30%, and is 5.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.94% over the week and 2.61% over the month.

Applied Materials Inc. (AMAT) has around 34000 employees, a market worth around $208.21B and $26.46B in sales. Current P/E ratio is 28.90 and Fwd P/E is 25.87. Profit margin for the company is 27.60%. Distance from 52-week low is 94.62% and 0.82% from its 52-week high. The company has generated returns on investments over the last 12 months (30.54%).

with sales reaching $6.67B over the same period.The EPS is expected to grow by 4.40% this year, but quarterly earnings will post 1.60% year-over-year.

Applied Materials Inc. (AMAT) Top Institutional Holders

The shares outstanding are 833.00M, and float is at 824.95M with Short Float at 1.92%.

Applied Materials Inc. (AMAT) Insider Activity

The most recent transaction is an insider sale by Iannotti Thomas J,the company’sDirector. SEC filings show that Iannotti Thomas J sold 9,827 shares of the company’s common stock on Jun 21 ’24 at a price of $236.65 per share for a total of $2.33 million. Following the sale, the insider now owns 49185.0 shares.

Applied Materials Inc. disclosed in a document filed with the SEC on Jun 18 ’24 that DICKERSON GARY E (President and CEO) sold a total of 400,000 shares of the company’s common stock. The trade occurred on Jun 18 ’24 and was made at $246.45 per share for $98.58 million. Following the transaction, the insider now directly holds 1.54 million shares of the AMAT stock.

Still, SEC filings show that on Jun 18 ’24, Raja Prabu G. (President, Semi. Products Grp.) disposed off 50,000 shares at an average price of $249.17 for $12.46 million. The insider now directly holds 458,417 shares of Applied Materials Inc. (AMAT).

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