Applied Materials (NASDAQ:AMAT) CEO Sells $6,651,408.19 in Stock

17 Jun 2026, 23:06 by Kim Johansen · The Markets Daily

Applied Materials, Inc. (NASDAQ:AMAT – Get Free Report) CEO Gary Dickerson sold 11,273 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $590.03, for a total value of $6,651,408.19. Following the sale, the chief executive officer directly owned 1,766,891 shares in the company, valued at $1,042,518,696.73. This represents a 0.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Applied Materials Stock Performance

Shares of NASDAQ AMAT traded up $24.69 during trading on Wednesday, reaching $592.92. 11,009,669 shares of the company traded hands, compared to its average volume of 7,645,653. The stock has a market cap of $470.75 billion, a P/E ratio of 55.67, a PEG ratio of 1.63 and a beta of 1.67. The firm’s fifty day simple moving average is $436.36 and its 200 day simple moving average is $358.14. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $623.35.

Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. During the same quarter in the prior year, the business earned $2.39 earnings per share. The company’s revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, research analysts anticipate that Applied Materials, Inc. will post 12.1 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. Applied Materials’s dividend payout ratio is 19.91%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Cornerstone Financial Management LLC acquired a new position in shares of Applied Materials during the fourth quarter valued at approximately $25,000. Redmont Wealth Advisors LLC acquired a new position in Applied Materials in the 3rd quarter valued at $26,000. Wilkerson Advisory Group LLC acquired a new position in Applied Materials in the 4th quarter valued at $26,000. Financial Freedom LLC acquired a new position in Applied Materials in the 1st quarter valued at $28,000. Finally, Highline Wealth Partners LLC raised its stake in Applied Materials by 48.7% in the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after purchasing an additional 38 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials News Roundup

Here are the key news stories impacting Applied Materials this week:

Positive Sentiment: Citi’s higher price target and broader optimism around AI spending are fueling demand for semiconductor equipment stocks, with AMAT singled out as a beneficiary. Applied Materials surges as Citi lifts target on AI demand boom
Positive Sentiment: Applied Materials unveiled SENZ, a fully integrated visual system for next-generation smart glasses, expanding its addressable market beyond semiconductor tools and into AI/AR hardware infrastructure. Applied Materials shares jump on launch of integrated AR smart glasses system
Positive Sentiment: Its Semiconductor Systems segment is still benefiting from AI-driven chip investments, with record revenue and strength in advanced packaging pointing to continued momentum in 2026. Can AMAT’s Semiconductor Systems Segment Sustain Momentum in 2026?
Positive Sentiment: A long-term partnership with EssilorLuxottica to develop AR optics and AI-powered smart eyewear gives AMAT another growth narrative and supports the view that the company is building new revenue streams. EssilorLuxottica and Applied Materials Join Forces to Advance Augmented Reality Optics Platforms for Next-Generation Smart Glasses
Neutral Sentiment: Several commentary pieces argue that semiconductor equipment suppliers are capturing outsized value in the AI supply chain, reinforcing a favorable industry backdrop for AMAT. Why Semiconductor Equipment Suppliers Are Crushing Their Customers in 2026
Negative Sentiment: Some market commentary notes AMAT’s valuation has become stretched, which could make the stock more vulnerable if AI demand or analyst enthusiasm cools. Applied Materials valuation tops dot-com peak

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Jefferies Financial Group lifted their price objective on shares of Applied Materials from $415.00 to $510.00 and gave the company a “buy” rating in a report on Friday, May 15th. Wells Fargo & Company raised their target price on Applied Materials from $435.00 to $520.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. TD Cowen lifted their price target on Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Raymond James Financial set a $650.00 price target on Applied Materials in a report on Wednesday, June 10th. Finally, Erste Group Bank upgraded Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $489.16.

Get Our Latest Stock Analysis on AMAT

About Applied Materials

(Get Free Report)

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.