In a filing, Applied Materials Inc revealed its President and CEO DICKERSON GARY E acquired Company’s shares for reported $6.87 million on Apr 03 ’25. In the deal valued at $137.30 per share,50,000 shares were bought. As a result of this transaction, DICKERSON GARY E now holds 1,716,058 shares worth roughly $248.73 million.
Then, Sanders Adam sold 450 shares, generating $65,174 in total proceeds. Upon selling the shares at $144.83, the Corp. Controller & CAO now owns 6,077 shares.
Before that, Sanders Adam sold 271 shares. Applied Materials Inc shares valued at $46,808 were divested by the Corp. Controller & CAO at a price of $172.72 per share. As a result of the transaction, Sanders Adam now holds 6,479 shares, worth roughly $0.94 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 Friday, Applied Materials Inc [NASDAQ:AMAT] saw its stock jump 4.85% to $144.94. Over the last five days, the stock has gained 14.17%. Applied Materials Inc shares have fallen nearly -10.88% since the year began. Nevertheless, the stocks have fallen -30.73% over the past one year. While a 52-week high of $255.89 was reached on 01/22/25, a 52-week low of $123.74 was recorded on 04/07/25. SMA at 50 days reached $158.61, while 200 days put it at $183.83.
Levels Of Support And Resistance For AMAT Stock
The 24-hour chart illustrates a support level at 138.22, which if violated will result in even more drops to 131.49. On the upside, there is a resistance level at 148.95. A further resistance level may holdings at 152.95. The Relative Strength Index (RSI) on the 14-day chart is 48.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.96, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.07%. Stochastics %K at 64.13% indicates the stock is a holding.
How much short interest is there in Applied Materials Inc?
A steep rise in short interest was recorded in Applied Materials Inc stocks on 2025-03-31, dropping by -1.86 million shares to a total of 17.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 19.35 million shares. There was a decline of -10.62%, which implies that there is a negative sentiment for the stock.
