The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Applied Materials Inc shares valued at $46,808 were sold by Sanders Adam on Feb 24 ’25. At $172.72 per share, Sanders Adam sold 271 shares. The insider’s holdings dropped to 6,479 shares worth approximately $0.97 million following the completion of this transaction.
Also, Iannotti Thomas J sold 9,827 shares, netting a total of over 2,325,560 in proceeds. Following the sale of shares at $236.65 each, the insider now holds 49,185 shares.
Before that, Raja Prabu G. had sold 50,000 shares from its account. In a trade valued at $12,458,500, the President, Semi. Products Grp. traded Applied Materials Inc shares for $249.17 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $68.74 million.
As published in a research note from Edward Jones on March 12, 2025, Applied Materials Inc [AMAT] has been rated up from a Hold to a Buy. Analysts at KeyBanc Capital Markets upgraded the stock from ‘”a Sector weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid January. As of December 17, 2024, Cleveland Research has initiated its “Neutral” rating for AMAT. Earlier on December 05, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Underweight” for AMAT stock which previously was a “an Equal-weight”.
Analyzing AMAT Stock Performance
During the last five days, there has been a drop of approximately -1.05%. Over the course of the year, Applied Materials Inc shares have dropped approximately -7.80%. Shares of the company reached a 52-week high of $200.55 on 01/22/25 and a 52-week low of $145.37 on 03/11/25. A 50-day SMA is recorded $171.86, while a 200-day SMA reached $192.40.
Support And Resistance Levels for Applied Materials Inc (AMAT)
According to the 24-hour chart, there is a support level at 147.86, which, if violated, would cause prices to drop to 145.77. In the upper region, resistance lies at 152.55. The next price resistance is at 155.15. RSI (Relative Strength Index) is 36.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.11, which suggests the price will decrease in the coming days. Percent R is at 84.66%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
