Applied Materials, Inc. (AMAT) Shares Sold by Private Advisor Group LLC

Reliance Trust who had been investing in Applied Materials Inc for a number of months, seems to be less bullish one the $62.72B market cap company. The company's stock had a trading volume of 16,198,043 shares, compared to its average volume of 16,870,000. About 1.29M shares traded.

Credit Suisse Group restated their outperform rating on shares of Applied Materials (NASDAQ:AMAT) in a report published on Monday, February 26th, Marketbeat Ratings reports. It has outperformed by 104.70% the S&P500.

Maple Capital Management Inc decreased its stake in Bce Inc. BMO Capital Markets maintained Mattel, Inc. The total dollar value of all 1.06 billion outstanding shares is 64.38 billion. Shamrock Asset Mngmt Ltd Liability Com stated it has 0% of its portfolio in Applied Materials, Inc. About 892,446 shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since March 13, 2017 and is uptrending. It has outperformed by 53.29% the S&P500.

Investors sentiment increased to 1.06 in 2017 Q3. This represents a $0.80 annualized dividend and a yield of 1.31%. It turned negative, as 40 investors sold AMAT shares while 325 reduced holdings.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AMAT. Shares are trading price at $60.97 with move of -1.04%. The Paradigm Asset Management Co Llc holds 61,780 shares with $3.22B value, down from 82,091 last quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 49,814 shares of the manufacturing equipment provider's stock worth $2,547,000 after buying an additional 10,200 shares during the last quarter. Webster Bancorp N A invested in 493 shares or 0.01% of the stock. Meiji Yasuda Life Ins has invested 0.12% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Panagora Asset Inc holds 0.55% or 2.66M shares in its portfolio. Nisa Investment Advisors LLC grew its position in shares of Applied Materials by 9.2% in the 4th quarter. 125,125 Applied Materials, Inc. (NASDAQ:AMAT). Nikko Asset Mgmt Americas stated it has 0.07% in Applied Materials, Inc. (NASDAQ:AMAT). Parallax Volatility Advisers Limited Partnership reported 303,872 shares. State Of Wisconsin Investment Board reported 0.21% stake. The TP indicates a potential upside of 19.77% from Intercontinental Hotels Group (LON:IHG)'s current stock price. Goldman Sachs downgraded Applied Materials, Inc. (NASDAQ:AMAT) for 760,373 shares. Oppenheimer Asset Management has invested 0.1% in Applied Materials, Inc.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT) hold onto their early gains? The manufacturing equipment provider reported $1.06 EPS for the quarter, topping the consensus estimate of $0.98 by $0.08. BABA's profit will be $1.95 billion for 62.22 P/E if the $0.76 EPS becomes a reality.

The company reported its last earnings Actual EPS of $1.06/share. Catalyst Capital Advsr Ltd Limited Liability Company holds 0.01% in Applied Materials, Inc. (Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Therefore 100% are positive. BidaskClub upgraded Applied Materials from a "hold" rating to a "buy" rating in a research report on Thursday, March 1st. Nomura has "Buy" rating and $55 target. Tnb Fincl holds 0.03% in Applied Materials, Inc. (NASDAQ:AMAT) rating on Friday, May 27. The stock has "Underperform" rating by RBC Capital Markets on Wednesday, January 25. The rating was downgraded by Standpoint Research to "Reduce" on Thursday, April 20. (NASDAQ:AMAT) on Thursday, August 11 with "Buy" rating. Cowen & Co has "Outperform" rating and $21.50 target. The Company's segments are Semiconductor Systems, which includes semiconductor capital equipment for etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation; Applied Global Services, which provides integrated solutions to optimize equipment and fab performance and productivity; Display and Adjacent Markets, which includes products for manufacturing liquid crystal displays, organic light-emitting diodes, upgrades and roll-to-roll Web coating systems and other display technologies for televisions, personal computers, smart phones and other consumer-oriented devices, and Corporate and Other segment, which includes revenues from products, as well as costs of products sold for fabricating solar photovoltaic cells and modules, and certain operating expenses. FBR Capital maintained Applied Materials, Inc. (NASDAQ:AMAT) was recently trading -2.21% away from the 50-day high and 35.22% removed from the 50-day low. Comm National Bank reported 10,143 shares stake. UBS has "Buy" rating and $5200 target. On Tuesday, January 19 the stock rating was upgraded by CLSA to "Buy". On Wednesday, September 27 the stock rating was maintained by KeyBanc Capital Markets with "Buy". The rating was maintained by Canaccord Genuity with "Hold" on Friday, August 7. The stock has "Sector Perform" rating by RBC Capital Markets on Friday, June 10.

Since October 5, 2017, it had 0 buys, and 5 insider sales for $11.95 million activity. (NASDAQ:AMAT) was sold by Forrest Stephen R. Salehpour Ali also sold $6.44 million worth of Applied Materials, Inc. Mraz Amerine & Assocs holds 14,167 shares or 0.23% of its portfolio. Iannotti Thomas J sold $922,050 worth of Applied Materials, Inc.

In related news, VP Omkaram Nalamasu sold 53,466 shares of Applied Materials stock in a transaction dated Tuesday, January 2nd. It also reduced Veeva Sys Inc Cl A (NYSE:VEEV) stake by 9,523 shares and now owns 21,910 shares. (NYSE:COL) by 4,419 shares in the quarter, for a total of 80,145 shares, and has risen its stake in Paychex Inc.

Investors sentiment is 1.09 in 2017 Q3. Its up 0.24, from 0.82 in 2017Q2. It fall, as 23 investors sold VSAT shares while 40 reduced holdings. 69 funds opened positions while 205 raised stakes. 359.18 million shares or 14.87% more from 312.67 million shares in 2017Q2 were reported. Dreman Value L L C holds 1.54% or 47,044 shares in its portfolio. Legacy Private Tru Company reported 58,880 shares. Systematic Financial LP holds 14,766 shares or 0.03% of its portfolio. First Citizens Bancshares, North Carolina-based fund reported 22,454 shares. Ashford Capital Mngmt has invested 2.86% in Viasat, Inc. Adirondack Com holds 3,520 shares. Fred Alger Mgmt stated it has 4.10M shares. 375 shares were sold by Pfeiffer Nicholas, worth $33,873. (NYSE:STI) for 148,693 shares. Stifel Fincl holds 0.04% of its portfolio in Mattel, Inc. (NYSE:STI) for 30,254 shares. Commerzbank Aktiengesellschaft Fi, Germany-based fund reported 328,630 shares. 4,575 are owned by Bessemer Group.

Capital Research Global Investors, which manages about $331.24B US Long portfolio, decreased its stake in Cms Energy Corp (NYSE:CMS) by 2.87 million shares to 7.07 million shares, valued at $327.70 million in 2017Q3, according to the filing. The insider Chancy Mark A sold $525,975.

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