Applied Matls INC (AMAT) Holding Has Raised by Glaxis Capital Management Llc

June 20, 2018 - By Dolores Ford

Applied Materials, Inc. (NASDAQ:AMAT) LogoInvestors sentiment increased to 0.95 in 2018 Q1. Its up 0.09, from 0.86 in 2017Q4. It improved, as 50 investors sold AMAT shares while 356 reduced holdings. 109 funds opened positions while 278 raised stakes. 762.68 million shares or 4.33% less from 797.20 million shares in 2017Q4 were reported. Polar Asset Ptnrs Incorporated has 405,700 shares for 0.38% of their portfolio. Boston Family Office Lc reported 0.03% stake. 1.57 million are held by Adage Partners Group Lc. The Massachusetts-based Acadian Asset Management Ltd Liability Corporation has invested 0% in Applied Materials, Inc. (NASDAQ:AMAT). Reliance Company Of Delaware invested 0.04% in Applied Materials, Inc. (NASDAQ:AMAT). Tennessee-based Wunderlich Cap Managemnt has invested 0.86% in Applied Materials, Inc. (NASDAQ:AMAT). 5,281 were reported by Thompson Davis Incorporated. Driehaus Cap Mngmt Llc has 0.02% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 10,301 shares. Bingham Osborn Scarborough Limited Liability stated it has 0.02% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Pinnacle Wealth Advisory Gp Ltd Liability Corporation holds 0.12% or 3,765 shares. Integral Derivatives Ltd Liability Co has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Signaturefd owns 6,944 shares or 0.05% of their US portfolio. Intersect Ltd Co stated it has 0.16% in Applied Materials, Inc. (NASDAQ:AMAT). Brinker Capital Inc owns 13,010 shares for 0.03% of their portfolio. Sta Wealth Mngmt Limited Liability Co reported 23,372 shares or 0.44% of all its holdings.

Since December 29, 2017, it had 0 insider purchases, and 4 insider sales for $10.41 million activity. Another trade for 15,000 shares valued at $922,050 was sold by Iannotti Thomas J. Forrest Stephen R sold $214,680 worth of stock or 4,000 shares. Nalamasu Omkaram sold $2.83 million worth of stock or 53,466 shares.

Glaxis Capital Management Llc increased its stake in Applied Matls Inc (AMAT) by 157.68% based on its latest 2018Q1 regulatory filing with the SEC. Glaxis Capital Management Llc bought 82,120 shares as the company’s stock declined 13.54% with the market. The hedge fund held 134,200 shares of the technology company at the end of 2018Q1, valued at $7.46 million, up from 52,080 at the end of the previous reported quarter. Glaxis Capital Management Llc who had been investing in Applied Matls Inc for a number of months, seems to be bullish on the $48.94B market cap company. The stock increased 0.48% or $0.23 during the last trading session, reaching $48.55. About 11.41M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 12.95% since June 20, 2017 and is uptrending. It has outperformed by 0.38% the S&P500.

Glaxis Capital Management Llc, which manages about $142.00M and $68.26 million US Long portfolio, decreased its stake in Microchip Technology Inc (NASDAQ:MCHP) by 61,100 shares to 73,155 shares, valued at $6.68 million in 2018Q1, according to the filing.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Globenewswire.com which released: “Applied Materials Announces Cash Dividend” on June 07, 2018, also Seekingalpha.com with their article: “Applied Materials Is So Attractive Under $50” published on May 22, 2018, Streetinsider.com published: “Nomura Expects Micron Technology (MU) to Guide Ahead of Consensus Tonight” on June 20, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Seekingalpha.com and their article: “Buy Alibaba – Cramer’s Lightning Round (6/12/18)” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Applied Materials Looks Undervalued” with publication date: May 29, 2018.

Applied Materials, Inc. (NASDAQ:AMAT) Ratings Coverage

Among 13 analysts covering Applied Materials (NASDAQ:AMAT), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Applied Materials has $75 highest and $5800 lowest target. $68.36’s average target is 40.80% above currents $48.55 stock price. Applied Materials had 19 analyst reports since January 8, 2018 according to SRatingsIntel. Credit Suisse maintained the stock with “Outperform” rating in Thursday, February 15 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Thursday, February 15 by Deutsche Bank. The rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, April 12. FBR Capital maintained the stock with “Buy” rating in Tuesday, January 16 report. The stock has “Outperform” rating by Credit Suisse on Monday, February 26. The firm has “Buy” rating given on Thursday, February 15 by Stifel Nicolaus. The firm has “Buy” rating given on Tuesday, January 30 by Stifel Nicolaus. The company was maintained on Monday, May 21 by Needham. The rating was upgraded by Susquehanna to “Positive” on Tuesday, January 16. The firm has “Buy” rating given on Tuesday, March 27 by Nomura.

Applied Materials, Inc. (NASDAQ:AMAT) Institutional Positions Chart

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