What Is the Overall Sentiment on Applied Materials (AMAT) Shares?

After this afternoon's -4.7% drop to $243.1 per share, Applied Materials might just keep moving past its target price of $242.29. With an average analyst rating of buy, and target prices from $198.0 to $300.0, the stock's next move is anyone's guess.

Applied Materials's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.9%. The stock's short ratio is 2.95. The company's insiders own 0.3% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 83.1%. In conclusion, we believe there is mixed market sentiment regarding Applied Materials.

Institutions Invested in Applied Materials

Date Reported Holder Percentage Shares Value
2024-03-31 Vanguard Group Inc 9% 75,008,622 $18,234,596,466
2024-03-31 Blackrock Inc. 9% 74,653,757 $18,148,328,782
2024-03-31 State Street Corporation 5% 38,107,593 $9,263,956,090
2024-03-31 Capital International Investors 3% 21,884,967 $5,320,235,611
2024-03-31 Geode Capital Management, LLC 2% 18,657,966 $4,535,751,648
2024-03-31 Capital World Investors 2% 17,671,673 $4,295,983,814
2024-03-31 FMR, LLC 1% 11,769,944 $2,861,273,458
2024-03-31 Bank Of New York Mellon Corporation 1% 11,260,630 $2,737,459,221
2024-03-31 Price (T.Rowe) Associates Inc 1% 11,218,329 $2,727,175,848
2024-03-31 Morgan Stanley 1% 10,145,751 $2,466,432,130
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS