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Adam Sanders, Corp. Controller & CAO of Applied Materials Inc (NASDAQ:AMAT), sold 562 shares of common stock on June 24, 2025, at a price of $178.60, for a total of $100373.
Following the transaction, Sanders directly owns 5,300 shares of Applied Materials, Inc. common stock, which includes 5,164 restricted stock units that will be converted into shares in installments from July 2025 through January 2029, contingent upon continued employment. The stock currently trades at $183.07, with analysts maintaining a bullish consensus and 20 analysts recently revising earnings estimates upward, according to InvestingPro data.
The sale was reported in a Form 4 filing with the Securities and Exchange Commission. For comprehensive insights into Applied Materials’ valuation, financial health, and 15 additional key ProTips, visit InvestingPro.
In other recent news, Applied Materials announced a quarterly cash dividend of $0.46 per share, representing a 15% increase from the previous dividend of $0.40. This marks the eighth consecutive year of dividend increases for the company, with the dividend payable on September 11, 2025. Morgan Stanley (NYSE:MS) recently upgraded Applied Materials’ stock from underweight to equalweight, setting a new price target of $158. Analysts adjusted their revenue and earnings per share (EPS) estimates for fiscal years 2025 and 2026, projecting revenues of $28.6 billion and $28.1 billion, respectively. TD Cowen lowered its price target for the company to $220, maintaining a Buy rating and highlighting the company’s strong product momentum and pricing power. Cantor Fitzgerald reiterated its Overweight rating with a $200 price target, noting that while EPS exceeded expectations, revenue slightly missed consensus estimates. Citi raised its price target to $190, maintaining a Buy rating, and noted that Applied Materials’ guidance suggests stable DRAM revenue and growth in NAND. These developments reflect the company’s ongoing financial strategies and market positioning.
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