Randhir Thakur Insider Sell
It was stated in an electronic form which was filled with the SEC that Randhir Thakur, who works for Applied Materials Inc De, and currently holds the position of EVP & GM - Silicon Systems executed an insider transaction on October 2, 2015. He made a sale of 88,435 shares of the public company based on a market price of $14.7 US Dollars for share. As published in the form available here, the total amount of the transaction was $1,303,469 US Dollars. Randhir Thakur now has ownership of 539,940 shares or 0.04% of Applied Materials Inc De’s market cap.
Applied Materials Inc De Sentiment and Fundamentals
Twenty four analysts covering Applied Materials Inc De expect earnings for every share of $1.19 2015, which would translate to a price to earnings ratio of 12.59, and year on year 11.40% percent growth rate.
The share price of Applied Materials Inc De is diving with no signs of trend change after 37.01% move over the last 200 days. We rate Applied Materials Inc De’s stock as sell not only because of the insider stock investment by Randhir but also in accordance with OctaFinance’s backtested stocks time momentum model which is presented on the chart below.
Institutional Ownership
As of Q2 2015, 625 investment managers owned shares of Applied Materials Inc De. Our tracked banks along with hedge funds and other institutional investors have traditionally had an extremely high interest in Applied Materials Inc De’s stock, and that was also the case in Q2 2015. The institutional ownership was 84.66% of the stock’s outstanding shares. They decreased by 112.14 million the total shares they hold. As of that quarter these stock owners owned 1.02 billion shares. A total of 73 funds opened new positions in Applied Materials Inc De and 231 increased their holdings. There were 115 funds that closed their positions and 222 that reduced them.
In all 625 institutional advisors that own Applied Materials Inc De, five have it in Top 10. These are: Clearline Capital Lp, Amiya Capital Llp, Empyrean Capital Partners Lp, Praesidium Investment Management Company Llc, National Investment Services Inc Wi.
Marc Majzner’s Clearline Capital Lp had the greatest investment with ownership of 2.35 million shares as of Q2 2015 for 6.27% of the fund’s portfolio. Ian Mukherjee’s Amiya Capital Llp is another positive player owning 49,745 shares of the company or 5.36% of their stocks portfolio. The California-based fund Empyrean Capital Partners Lp have 4.71% of their stock portfolio invested in the company for 5.25 million shares. Further, The New York-based fund Praesidium Investment Management Company Llc disclosed it had purchased a stake worth 8.05% of the fund’s stock portfolio in the company. The Wisconsin-based fund National Investment Services Inc Wi was also a big believer in the company’s stock, possessing 182,140 shares. Applied Materials Inc De is 3.66% of the fund’s stock portfolio.
Applied Materials NASDAQ:AMAT Company Profile
Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries. Applied’s customers include manufacturers of semiconductor wafers and chips, flat panel liquid crystal displays (LSDs), PV cells and modules, and other electronic devices. Applied operates in four segments: Silicon Systems Group, Applied Global Services, Display, and Energy and Environmental Solutions. Applied’s Silicon Systems Group segment develops, manufactures and sells manufacturing equipment used to fabricate semiconductor chips. Applied’s products for manufacturing LCDs, organic light-emitting diode, and display technologies for televisions, personal computers, tablets and smartphones are reported under its Display segment. The Energy and Environmental Solutions segment includes systems for manufacturing wafer-based crystalline silicon cells and modules.
Company Website: Applied Materials
As of writing its market cap is: $17.94 billion and it has 1.22 billion shares outstanding. The company has 14000 employees. Currently there are 87.59% shareholders and the institutional ownership is 87.59%. Applied Materials Inc De was founded in Delaware on 1987-03-18. The stock closed at $14.67 yesterday and it had average 2 days volume of 4025129 shares. It is down from the 30 days average shares volume of 5289894. Applied Materials Inc De has a 52 weeks low of $14.25 and a one year high of $25.71. The current price is below the 200 days SMA. Applied Materials Inc De last issued its quarterly earnings information on 08/13/2015. The company reported 0.33 EPS for the quarter, same as the consensus estimate of 0.33 . The company had a revenue of 2.49 billion for 7/26/2015 and 2.44 billion for 4/26/2015. Therefore, the revenue was 48.00 million up.
Randhir Thakur is also Vice President of Sandisk Corp, director of Marvell Technology Group Ltd.
* Increased number of shares reflects periodic payroll acquisitions under Employees’ Stock Purchase Plan that are exempt under Rule 16a-10 and Rule 16b-3. Number of shares includes: (a) 465 - 535 performance shares that in the future will be converted on a one-for-one basis into shares of Applied common stock upon vesting - which vesting is scheduled to occur as follows: (i) 105 - 000 shares are scheduled to vest in July 2016 - (ii) 257 - 400 shares are scheduled to vest in installments in December of 2015 and 2016; and (iii) 103 - 135 shares will be scheduled to vest in installments in December of 2015 through 2018 - which number of shares is the target amount - and the actual number of shares that may vest ranges from 0% to 150% of the target amount - depending on achievement of specified performance goals; and (b) 5 - 100 shares of restricted stock that are scheduled to vest in December 2015 (all vesting is subject to continued employment through each applicable vest date).
* Increased number of shares reflects dividend reinvestment under 401(k) Plan that is exempt under Rule 16b-3.
