Glaxis Capital Management LLC Lifted Applied Matls INC (AMAT) Holding

June 20, 2018 - By Marguerite Chambers

Applied Materials, Inc. (NASDAQ:AMAT) LogoInvestors sentiment increased to 0.95 in Q1 2018. 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. Waverton Inv Management Limited reported 0.08% in Applied Materials, Inc. (NASDAQ:AMAT). Granite Invest Prtnrs Ltd Limited Liability Company invested in 0.51% or 138,508 shares. 13.21 million are held by Northern. Navellier & Assoc accumulated 142,517 shares. State Of Wisconsin Invest Board invested in 0.21% or 1.30M shares. 4,416 are owned by Bessemer Grp Inc. Guinness Atkinson Asset Mgmt has 4.67% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 137,610 shares. Ci Invs holds 0.07% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 105,700 shares. Bp Public Ltd Com reported 0.25% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Scge Mgmt Ltd Partnership has 6.33% invested in Applied Materials, Inc. (NASDAQ:AMAT). Secor Capital Advsrs Limited Partnership has invested 0.75% in Applied Materials, Inc. (NASDAQ:AMAT). Patten has invested 0.38% in Applied Materials, Inc. (NASDAQ:AMAT). Burney reported 0.7% in Applied Materials, Inc. (NASDAQ:AMAT). Bremer Association has 10,695 shares for 0.17% of their portfolio. Cheviot Value Management Limited Liability Company has 5,000 shares for 0.14% of their portfolio.

Since December 29, 2017, it had 0 insider purchases, and 4 sales for $10.41 million activity. $922,050 worth of Applied Materials, Inc. (NASDAQ:AMAT) was sold by Iannotti Thomas J. On Tuesday, January 2 Nalamasu Omkaram sold $2.83 million worth of Applied Materials, Inc. (NASDAQ:AMAT) or 53,466 shares. $214,680 worth of Applied Materials, Inc. (NASDAQ:AMAT) was sold by Forrest Stephen R.

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 $7.46M, 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 $6.68M in 2018Q1, according to the filing.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Seekingalpha.com which released: “Buy Alibaba – Cramer’s Lightning Round (6/12/18)” on June 13, 2018, also Seekingalpha.com with their article: “Applied Materials Looks Undervalued” published on May 29, 2018, Seekingalpha.com published: “Applied Materials Has Been Overly Punished – Cramer’s Lightning Round (5/29/18)” on May 30, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Seekingalpha.com and their article: “Applied Materials Is So Attractive Under $50” published on May 22, 2018 as well as Streetinsider.com‘s news article titled: “Nomura Expects Micron Technology (MU) to Guide Ahead of Consensus Tonight” with publication date: June 20, 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. The company was maintained on Thursday, February 15 by Susquehanna. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, April 12. The firm has “Outperform” rating given on Thursday, February 15 by Credit Suisse. FBR Capital maintained Applied Materials, Inc. (NASDAQ:AMAT) on Tuesday, January 16 with “Buy” rating. Nomura maintained it with “Buy” rating and $7000 target in Tuesday, March 27 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by Stifel Nicolaus on Tuesday, January 30. The firm has “Positive” rating by Susquehanna given on Tuesday, January 16. The firm earned “Buy” rating on Friday, May 18 by Stifel Nicolaus. Needham maintained it with “Buy” rating and $6800 target in Monday, May 21 report. As per Monday, February 26, the company rating was maintained by Credit Suisse.

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

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