Needham Issues an Upgrade on Applied Materials (NASDAQ:AMAT) Shares. What's Next?

Insiders have sold 312,716 shares of company stock worth $16,218,746 in the last 90 days. The insider Larkins Thomas F sold $1.54M. The stock increased 3.80% or $2.55 during the last trading session, reaching $69.73. The stock had a trading volume of 12,508,161 shares, compared to its average volume of 11,650,000. (OTCMKTS:MKGI) has 0.00% since January 9, 2017 and is. It has underperformed by 16.06% the S&P500. Salehpour Ali also sold $6.44M worth of Applied Materials, Inc. The insider Forrest Stephen R sold 4,000 shares worth $214,680. Therefore 96% are positive. $1.54 million worth of Applied Materials, Inc. The Company offer consulting, spare parts, services, automation software, upgrades and legacy equipment to improve the performance and productivity of the customer's equipment and fab operations. Applied Materials Inc. has $76.0 highest and $12 lowest target.

Gabelli Funds Ltd Company owns 86,000 shares. As per Friday, August 19, the company rating was maintained by Citigroup. Deutsche Bank maintained the stock with "Buy" rating in Friday, February 19 report.

Zacks Investment Management decreased Applied Matls Inc (AMAT) stake by 23.62% reported in 2017Q3 SEC filing.

Since August 23, 2017, it had 0 insider purchases, and 5 selling transactions for $12.03 million activity. Therefore 75% are positive. Craig Hallum maintained Applied Materials, Inc. Buckingham Research initiated Intercontinental Exchange, Inc. The firm has "Buy" rating given on Thursday, June 2 by Goldman Sachs. The firm has "Buy" rating given on Friday, July 7 by Morgan Stanley. Mizuho maintained The Western Union Company (NYSE:WU) rating on Friday, October 13. The firm has "Hold" rating given on Thursday, June 29 by RBC Capital Markets. (NASDAQ:AMAT) has "Sector Perform" rating given on Friday, May 20 by RBC Capital Markets. The stock of Intercontinental Exchange, Inc. The company was maintained on Wednesday, April 5 by RBC Capital Markets. Its up 0.24, from 0.82 in 2017Q2. Atlas Browninc invested in 6,965 shares. 82 funds opened positions while 197 raised stakes. Credit Suisse Ag, Switzerland-based fund reported 2.41M shares. It also reduced United Rentals Inc (NYSE:URI) stake by 3,000 shares and now owns 180,900 shares. Its up 0.61% from 81,700 shares previously. Fiduciary Trust Co holds 0.71% or 431,202 shares. Armstrong Shaw Assoc Incorporated Ct holds 55,147 shares or 3.42% of its portfolio.

Among 28 analysts covering Applied Materials Inc. Parnassus Investments Ca holds 0.02% or 100,000 shares. Hancock Holdg Com has 7,956 shares. Clarivest Asset Limited Liability Corporation holds 1.55% or 1.33 million shares in its portfolio.

TRADEMARK VIOLATION NOTICE: "Kempner Capital Management Inc". Us Bancorporation De invested 0% in The Western Union Company (NYSE:WU). (NYSE:ICE) for 154,743 shares. Glaxis Capital Mgmt stated it has 54,160 shares or 4.3% of all its holdings. (NASDAQ:AMAT). Caprock Grp Inc reported 8,595 shares. Lpl Financial Lc has 91,784 shares.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp decreased Suncor Energy Inc (NYSE:SU) stake by 1.74M shares to 3.89M valued at $170.26 million in 2017Q3. Coca Cola Bottling Co Cons (NASDAQ:COKE) was raised too. Finally, Wells Fargo & Co started coverage on shares of Applied Materials in a research note on Tuesday, December 5th. Asset Mgmt reported 10,477 shares. First Manhattan has 17,132 shares for 0.01% of their portfolio. ICE's profit will be $427.07M for 25.04 P/E if the $0.73 EPS becomes a reality. After $0.93 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 4.30 % EPS growth. Its up 0.24, from 0.82 in 2017Q2.

Applied Materials (NASDAQ:AMAT) was downgraded by equities research analysts at Vetr from a "strong-buy" rating to a "buy" rating in a note issued to investors on Monday. 123 funds opened positions while 263 raised stakes. The manufacturing equipment provider reported $0.93 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.91 by $0.02.

For this year, Applied Materials, Inc. Franklin Resource holds 0.09% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Motco stated it has 103 shares. Greenwich Wealth Mgmt Ltd Co accumulated 110,710 shares. The company's revenue was up 20.4% on a year-over-year basis. analysts expect that Applied Materials will post 4.04 EPS for the current year. (NASDAQ:AMAT). Teachers Retirement Systems Of The State Of Kentucky accumulated 0.48% or 761,917 shares. Capital Research reported 63.45 million shares stake. Arcadia Corp Mi owns 0.03% invested in U.S. Bancorp (NYSE:USB) for 1,601 shares. Seven Eight Capital LP now owns 140,836 shares of the manufacturing equipment provider's stock worth $5,818,000 after buying an additional 128,100 shares in the last quarter. Fulton Fincl Bank Na has invested 0.1% in Applied Materials, Inc. (NASDAQ:AMAT). Weiss Multi holds 0.28% or 145,711 shares. (NASDAQ:AMAT). Nj State Employees Deferred Compensation Plan holds 0.52% of its portfolio in Applied Materials, Inc. Argi Serv Ltd Liability Corporation holds 26,859 shares or 0.1% of its portfolio. Old Mutual Glob Invsts (Uk) Ltd holds 4.39 million shares.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, November 16th.

For the current quarter, 17 analysts are projecting a mean EPS of $0.98/share. Westover Cap Limited reported 0.18% of its portfolio in Applied Materials, Inc. It has a 16.49 P/E ratio. The Semiconductor Systems segment develops, makes, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.

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