Atlantic Trust Group LLC Has Lifted Stake in Applied Matls INC Com (AMAT) by $524.35 Million as Stock Value Rose

March 14, 2018 - By Vivian Currie

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.24, from 0.82 in 2017Q2. It increased, as 40 investors sold AMAT shares while 325 reduced holdings. 123 funds opened positions while 263 raised stakes. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported. Td Asset, a Ontario – Canada-based fund reported 5.00M shares. Mu Invs Com owns 1,100 shares. Driehaus Capital Mgmt Ltd Com reported 509,767 shares. Community Bank & Trust Na holds 1,135 shares or 0.01% of its portfolio. Millennium Mgmt has 6.14 million shares. Fruth Investment Mgmt reported 23,400 shares or 0.56% of all its holdings. Dana holds 147,584 shares or 0.35% of its portfolio. New Amsterdam Ptnrs Limited Liability Company Ny has invested 0.17% in Applied Materials, Inc. (NASDAQ:AMAT). Natixis Asset Mngmt reported 34,244 shares stake. Gemmer Asset Mngmt Lc invested 0.02% in Applied Materials, Inc. (NASDAQ:AMAT). Cwm Ltd Liability Corporation holds 2,242 shares or 0.01% of its portfolio. Panagora Asset Management invested in 2.66M shares. Timber Creek Cap Ltd Liability Corp reported 0.01% stake. The North Carolina-based Piedmont Investment Advsrs Limited Com has invested 0.37% in Applied Materials, Inc. (NASDAQ:AMAT). Balyasny Asset Mgmt Limited Company reported 1.36M shares or 0.28% of all its holdings.

Since October 5, 2017, it had 0 insider purchases, and 5 sales for $11.95 million activity. The insider Iannotti Thomas J sold $922,050. 4,000 Applied Materials, Inc. (NASDAQ:AMAT) shares with value of $214,680 were sold by Forrest Stephen R. 53,466 shares valued at $2.83M were sold by Nalamasu Omkaram on Tuesday, January 2. Salehpour Ali had sold 125,125 shares worth $6.44 million.

Atlantic Trust Group Llc increased its stake in Applied Matls Inc Com (AMAT) by 1892.65% based on its latest 2017Q3 regulatory filing with the SEC. Atlantic Trust Group Llc bought 819,292 shares as the company’s stock rose 23.58% with the market. The institutional investor held 862,580 shares of the technology company at the end of 2017Q3, valued at $552.75 million, up from 43,288 at the end of the previous reported quarter. Atlantic Trust Group Llc who had been investing in Applied Matls Inc Com for a number of months, seems to be bullish on the $63.28B market cap company. The stock increased 0.90% or $0.54 during the last trading session, reaching $60.23. About 11.32M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since March 14, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Atlantic Trust Group Llc, which manages about $22.37 billion US Long portfolio, decreased its stake in Tallgrass Energy Gp Lp Shs Cl A by 140,802 shares to 757,446 shares, valued at $21.40 million in 2017Q3, according to the filing. It also reduced its holding in Simon Ppty Group Inc New Com (NYSE:SPG) by 378,785 shares in the quarter, leaving it with 24,246 shares, and cut its stake in Old Dominion Fght Lines Inc Com (NASDAQ:ODFL).

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: which released: “Applied Materials: Focused On Growth” on February 22, 2018, also with their article: “Applied Materials Hits New 52-Week High on Strong Q1 Results” published on March 12, 2018, published: “Trade of the Day: Applied Materials, Inc. (AMAT)” on March 08, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: and their article: “Applied Materials’ Display Segment Should Grow 10% In FY 2018” published on March 05, 2018 as well as‘s news article titled: “Applied Materials, Inc.: Time To Buy On Big Earnings And A Doubled Dividend” with publication date: February 21, 2018.

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

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 28 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Applied Materials Inc. had 117 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Outperform” rating by BNP Paribas on Thursday, March 31. The firm has “Buy” rating given on Tuesday, June 13 by UBS. Susquehanna upgraded the shares of AMAT in report on Tuesday, June 28 to “Neutral” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Outperform” rating given on Monday, February 26 by Credit Suisse. The firm has “Buy” rating by B. Riley & Co given on Monday, August 14. The company was maintained on Friday, August 18 by Credit Suisse. RBC Capital Markets maintained Applied Materials, Inc. (NASDAQ:AMAT) on Thursday, June 29 with “Hold” rating. UBS maintained Applied Materials, Inc. (NASDAQ:AMAT) on Friday, August 19 with “Buy” rating. The firm has “Outperform” rating by Cowen & Co given on Friday, August 19. As per Wednesday, September 13, the company rating was upgraded by Goldman Sachs.

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