Applied Materials Inc’s recently made public that 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 $286.14 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 $1.08 million.
Morgan Stanley upgraded its Applied Materials Inc [AMAT] rating to an Equal-weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid May has reiterated a ‘”a Buy”‘ rating for it. Jefferies also remained covering AMAT and has increased its forecast on March 28, 2025 with a “Buy” recommendation from previously “Hold” rating. Edward Jones revised its rating on March 12, 2025. It rated AMAT as “a Buy” which previously was an “a Hold”.
Price Performance Review of AMAT
On Friday, Applied Materials Inc [NASDAQ:AMAT] saw its stock jump 1.55% to $166.74. Over the last five days, the stock has gained 6.37%. Applied Materials Inc shares have risen nearly 2.53% since the year began. Nevertheless, the stocks have fallen -21.43% 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 $152.45, while 200 days put it at $172.28.
Levels Of Support And Resistance For AMAT Stock
The 24-hour chart illustrates a support level at 164.94, which if violated will result in even more drops to 163.15. On the upside, there is a resistance level at 169.03. A further resistance level may holdings at 171.33. The Relative Strength Index (RSI) on the 14-day chart is 60.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.37%. Stochastics %K at 62.18% indicates the stock is a holding.
