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Applied Materials (NASDAQ:AMAT) SVP, CLO Teri A. Little, sold 4,000 shares of common stock on November 19, 2025, at a price of $234.0802, totaling $936320.
Following the transaction, Little directly owns 88,351 shares of Applied Materials, Inc. common stock. This number includes 57,492 performance share units and restricted stock units that will be converted on a one-for-one basis into shares of Applied Materials, Inc. common stock upon vesting. 22,730 restricted stock units are scheduled to vest in installments in December of 2025 through 2027, and 34,762 performance share units are scheduled to vest in installments in December of 2025 through 2027.
The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission.
In other recent news, Applied Materials reported strong financial results for the October quarter, with revenue reaching $6.80 billion and earnings per share at $2.17. These figures surpassed consensus estimates of $6.68 billion in revenue and $2.11 earnings per share. The company’s guidance for the January quarter also exceeded expectations, with anticipated revenue of $6.85 billion and earnings per share of $2.18. Despite these positive results, Craig-Hallum downgraded Applied Materials from Buy to Hold, citing concerns about growth delays and challenges in the ICAPS and China markets.
Conversely, Stifel reiterated its Buy rating, and Cantor Fitzgerald maintained an Overweight rating, reflecting continued optimism about the company’s prospects. UBS held a Neutral rating, expressing concerns over the company’s loss of market share in the wafer fab equipment sector, particularly in China. Meanwhile, Bernstein raised its price target for Applied Materials to $250 from $195, maintaining an Outperform rating, following the company’s impressive fourth-quarter performance. These developments highlight a mixed outlook among analysts regarding Applied Materials’ future growth trajectory.
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