Applied Materials Inc (NASDAQ:AMAT) shares traded -1.71% lower at $156.75 on Wall Street last session.
AMAT stock price is now 3.45% away from the 50-day moving average and -9.60% away from the 200-day moving average. The market capitalization of the company currently stands at $125.79B.
With the price target reduced from $225 to $220, TD Cowen maintained Buy rating for Applied Materials Inc (NASDAQ: AMAT). On March 28, 2025, Jefferies Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $195, while ‘Edward Jones’ rates the stock as ‘Buy’
In other news, DICKERSON GARY E, President and CEO bought 50,000 shares of the company’s stock on Apr 03 ’25. The stock was bought for $6,865,082 at an average price of $137.30. Upon completion of the transaction, the President and CEO now directly owns 1,716,058 shares in the company, valued at $268.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Corp. Controller & CAO Sanders Adam sold 450 shares of the business’s stock. A total of $65,174 was realized by selling the stock at an average price of $144.83. This leaves the insider owning 6,077 shares of the company worth $0.95 million. A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, Applied Materials Inc has had a low of $123.74 and a high of $255.89. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 2.46, and a quick ratio of 1.76.
The net profit margin was 24.07% and return on equity was 36.37% for AMAT. The company reported revenue of $7.1 billion for the quarter, compared to $6.65 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.83 percent.
