Large Outflow of Money Witnessed in Applied Materials, Inc.

Applied Materials, Inc. (AMAT) managed to eke out gains of 1.43% in intraday trade. The share price increased by 0.49 points to $34.74. Till last observation, the net money flow was recorded at a negative $(-3.51) million. The total inflow of $17.96 million in upticks was completely overshadowed by an outflow of $21.46 million in downticks, giving the up/down ratio a value of 0.84. The shares have seen a change of -0.86% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $5.83 million and the composite value in downticks was $4.36 million. The resultant up/down ratio for the block exchange was 1.34. The block trade had a negative money flow of $(1.47) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Applied Materials, Inc. rose by 1.77% in the last five trading days and 8.55% for the last 4 weeks. Applied Materials, Inc. is up 20.85% in the last 3-month period. Year-to-Date the stock performance stands at 8.55%. Applied Materials, Inc. (NASDAQ:AMAT) rose 2.28% or 0.78 points on Wednesday and made its way into the gainers of the day. After trading began at $34.59 the stock was seen hitting $35.05 as a peak level and $34.5 as the lowest level. The stock ended up at $35.03. The daily volume was measured at 15,244,891 shares. The 52-week high of the share price is $35.15 and the 52-week low is $15.44. The company has a market cap of $37,850 million.

Applied Materials AMAT Dec 1, 2016 0.1000 Mar 15, 2017 Feb 22, 2017 Feb 17, 2017

Company has reported several Insider transactions to the SEC, on Jan 4, 2017, Thomas F Larkins (Sr. VP, GC & Corp. Secretary) sold 100,000 shares at 32.02 per share price.On Jan 3, 2017, Dennis D Powell (director) sold 21,017 shares at 31.95 per share price.On Dec 2, 2016, Omkaram Nalamasu (Senior VP, CTO) sold 16,841 shares at 32.35 per share price.

Applied Materials Last issued its quarterly earnings results on Nov 17, 2016. The company reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.65. The company had revenue of $3297.00 million for the quarter, compared to analysts expectations of $3307.22 million. The companys revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Applied Materials was Downgraded by Goldman to Neutral on Dec 19, 2016.

Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products include semiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games.


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