In a filing, Applied Materials Inc revealed its Corp. Controller & CAO Sanders Adam unloaded Company’s shares for reported $46808.0 on Feb 24 ’25. In the deal valued at $172.72 per share,271 shares were sold. As a result of this transaction, Sanders Adam now holds 6,479 shares worth roughly $0.94 million.
Then, Iannotti Thomas J sold 9,827 shares, generating $2,325,560 in total proceeds. Upon selling the shares at $236.65, the Director now owns 49,185 shares.
Before that, Raja Prabu G. sold 50,000 shares. Applied Materials Inc shares valued at $12,458,500 were divested by the President, Semi. Products Grp. at a price of $249.17 per share. As a result of the transaction, Raja Prabu G. now holds 458,417 shares, worth roughly $66.77 million.
Jefferies upgraded its Applied Materials Inc [AMAT] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Edward Jones’s analysts, who increased its forecast for the stock in mid March from “a Hold” to “a Buy”. KeyBanc Capital Markets also remained covering AMAT and has increased its forecast on January 17, 2025 with a “an Overweight” recommendation from previously “Sector weight” rating. Cleveland Research started covering the stock on December 17, 2024. It rated AMAT as “a Neutral”.
Price Performance Review of AMAT
On Tuesday, Applied Materials Inc [NASDAQ:AMAT] saw its stock jump 0.37% to $145.66. Over the last five days, the stock has lost -5.19%. Applied Materials Inc shares have fallen nearly -10.43% since the year began. Nevertheless, the stocks have fallen -29.37% over the past one year. While a 52-week high of $255.89 was reached on 01/22/25, a 52-week low of $141.16 was recorded on 03/31/25. SMA at 50 days reached $165.92, while 200 days put it at $187.83.
Levels Of Support And Resistance For AMAT Stock
The 24-hour chart illustrates a support level at 142.94, which if violated will result in even more drops to 140.21. On the upside, there is a resistance level at 147.25. A further resistance level may holdings at 148.83. The Relative Strength Index (RSI) on the 14-day chart is 35.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.96%. Stochastics %K at 19.96% indicates the stock is a buying.
How much short interest is there in Applied Materials Inc?
A steep rise in short interest was recorded in Applied Materials Inc stocks on 2025-03-14, growing by 1.64 million shares to a total of 20.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 18.67 million shares. There was a rise of 8.07%, which implies that there is a positive sentiment for the stock.
