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 $292.74 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 $1.11 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 fall -2.52% to $170.59. Over the last five days, the stock has gained 2.31%. Applied Materials Inc shares have risen nearly 4.89% since the year began. Nevertheless, the stocks have fallen -25.82% 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.
Levels Of Support And Resistance For AMAT Stock
The 24-hour chart illustrates a support level at 169.46, which if violated will result in even more drops to 168.33. On the upside, there is a resistance level at 172.65. A further resistance level may holdings at 174.70.
How much short interest is there in Applied Materials Inc?
A steep rise in short interest was recorded in Applied Materials Inc stocks on 2025-05-30, growing by 0.12 million shares to a total of 16.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 16.53 million shares. There was a rise of 0.72%, which implies that there is a positive sentiment for the stock.
