DA Davidson Reaffirms Buy Rating for Applied Materials, Inc. (AMAT)

Joanna Estrada
July 15, 2017

Stock traders purchased 2,307 call options on the company. It has outperformed by 104.70% the S&P500.

Thomas Ellis decreased its stake in Psivida Corp (PSDV) by 46.27% based on its latest 2016Q4 regulatory filing with the SEC. Finally, Susquehanna Bancshares Inc restated a "neutral" rating and set a $40.00 price target (up from $35.00) on shares of Applied Materials in a report on Wednesday, May 17th. During its last trading session, Stock traded with the total exchanged volume of 9.03 million shares. The stock of Applied Materials, Inc. It closed at $43.2 lastly. National Instruments Corp (NASDAQ:NATI) has risen 38.06% since July 14, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. (NYSE:CTL) now have an ABR of 2.67.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. Currently, Applied Materials, Inc.net profit margin for the 12 months is at 20.41%. Anderson Scott P sold 10,000 shares worth $467,600. Rust Scott Arthur sold $126,062 worth of stock. GUGINO ANN B had sold 750 shares worth $32,873 on Tuesday, May 30.

If the ratio is less than 1, then we can determine that there has been a decrease in price. Its down 0.13, from 1.17 in 2016Q3. It increased, as 56 investors sold TSCO shares while 183 reduced holdings. 54 funds opened positions while 122 raised stakes. Strategic Limited Liability has 7,670 shares. Tracking ROA value which gives an idea as to how efficient management is at using its assets to generate earnings. Meeder Asset owns 164,582 shares.

Examining shares of Genworth Financial, Inc. Services owns 153 shares. Shelton Mgmt owns 180,204 shares for 0.53% of their portfolio. 32,219 were accumulated by Garrison Financial. Carnegie Cap Asset Management holds 26,426 shares. Hutchin Hill Lp reported 226,100 shares or 0.25% of all its holdings. Investors of record on Thursday, August 24th will be given a dividend of $0.10 per share.

Analysts' mean recommendation for Applied Materials, Inc. A rating of 4 or 5 would represent a Sell recommendation. Therefore 86% are positive. FMC Tech had 52 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has "Hold" rating by Evercore given on Friday, May 27. Creditors will loan money at a cheaper rate to a profitable company than to an unprofitable one; consequently, profitable companies can use leverage to increase stockholders' equity even more. The company was maintained on Friday, August 28 by William Blair. The firm earned "Buy" rating on Wednesday, February 8 by Longbow. The stock of Patterson Companies, Inc. (NASDAQ:AMAT) has "Outperform" rating given on Friday, August 14 by Cowen & Co.

Investors sentiment decreased to 1.55 in 2016 Q4. The hedge funds in our partner's database now have: 851.59 million shares, up from 849.71 million shares in 2016Q3. Green Square Capital Llc, a Tennessee-based fund reported 385,900 shares. Bryn Mawr accumulated 9,415 shares. Westpac holds 1.24M shares or 0% of its portfolio.

From another technical standpoint, Applied Materials, Inc. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 4.96% from last close price of 45.30 and act as support or resistance of price limit. Centurylink Investment Com has invested 0.51% in Applied Materials, Inc.

06/09/2017 - Applied Materials, Inc. had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. (NASDAQ:AMAT) has "Hold" rating given on Thursday, June 29 by RBC Capital Markets. (NASDAQ:AMAT). Bollard Group Limited Liability has 725 shares.

WARNING: "Applied Materials, Inc".

Applied Materials (NASDAQ:AMAT) traded up 0.68% during trading on Monday, hitting $45.61. About shares traded. pSivida Corp. Hengehold Management reported 7,008 shares.

Among 22 analysts covering Applied Materials Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Materials Inc. and related companies with MarketBeat.com's FREE daily email newsletter. Therefore 100% are positive. Vetr raised shares of Applied Materials from a "buy" rating to a "strong-buy" rating and set a $42.81 target price on the stock in a research note on Tuesday, April 11th. On Thursday, October 8 the stock rating was maintained by KeyBanc Capital Markets with "Overweight". Goldman Sachs downgraded the stock to "Neutral" rating in Monday, December 19 report. The price index of Applied Materials, Inc. As per Tuesday, January 19, the company rating was upgraded by Credit Agricole. The rating was maintained by Stifel Nicolaus on Monday, August 15 with "Buy".

The company's consensus rating on Reuter's scale improved from 2.53 to 2.59 during a month.

Since February 21, 2017, it had 0 insider buys, and 2 insider sales for $413,550 activity.

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