Evanston Investments INC Dba Evanston Advisors Boosted Holding in Applied Materials (AMAT) as Market Value Rose

December 8, 2017 - By Richard Conner

Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.33, from 1.15 in 2017Q1. It worsened, as 48 investors sold AMAT shares while 346 reduced holdings. 105 funds opened positions while 219 raised stakes. 826.54 million shares or 0.80% less from 833.19 million shares in 2017Q1 were reported. Moreover, Dana Inv has 0.31% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 159,208 shares. Profund Advisors Limited Liability Co holds 304,641 shares. The Massachusetts-based Geode Capital Management Lc has invested 0.2% in Applied Materials, Inc. (NASDAQ:AMAT). Northcoast Asset Limited Liability Corporation holds 331,913 shares or 1.58% of its portfolio. Aviva Public Limited Co owns 677,319 shares for 0.16% of their portfolio. Meiji Yasuda Asset Mgmt Limited accumulated 27,407 shares. Chevy Chase Hldgs holds 1.14 million shares or 0.22% of its portfolio. Barrett Asset Mgmt Ltd Com reported 0.01% stake. Central State Bank & Tru Co invested in 5,954 shares. 54,809 were reported by Synovus Fincl Corp. Thompson Davis & Com stated it has 6,560 shares or 0.44% of all its holdings. Bedrijfstakpensioenfonds Voor De Media Pno has invested 0.29% in Applied Materials, Inc. (NASDAQ:AMAT). Deutsche Bancshares Ag holds 0.16% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 5.39 million shares. Egerton Capital (Uk) Llp invested in 5.69% or 13.73 million shares. Tanaka Management Inc owns 2,462 shares or 0.23% of their US portfolio.

Evanston Investments Inc Dba Evanston Advisors increased its stake in Applied Materials (AMAT) by 2715.94% based on its latest 2017Q2 regulatory filing with the SEC. Evanston Investments Inc Dba Evanston Advisors bought 164,233 shares as the company’s stock rose 23.58% with the market. The institutional investor held 170,280 shares of the technology company at the end of 2017Q2, valued at $7.03 million, up from 6,047 at the end of the previous reported quarter. Evanston Investments Inc Dba Evanston Advisors who had been investing in Applied Materials for a number of months, seems to be bullish on the $55.78 billion market cap company. The stock increased 2.53% or $1.29 during the last trading session, reaching $52.3. About 14.69 million shares traded or 29.66% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since December 8, 2016 and is uptrending. It has outperformed by 104.70% the S&P500.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Seekingalpha.com which released: “Looking Chipper: Buying This Dip In Applied Materials” on December 06, 2017, also Reuters.com with their article: “Chip gear maker Applied Materials posts strong results, forecast” published on November 16, 2017, Nasdaq.com published: “Applied Materials Becomes Oversold (AMAT)” on December 04, 2017. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Benzinga.com and their article: “Applied Materials Outperforms Despite Volatility, Says Wells Fargo” published on December 06, 2017 as well as Seekingalpha.com‘s news article titled: “Applied Materials Is Weak Short Term For Semiconductors, But Strong For Displays” with publication date: November 29, 2017.

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

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 27 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. had 106 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, August 19 by Cowen & Co. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Friday, November 17 by RBC Capital Markets. Bank of America maintained Applied Materials, Inc. (NASDAQ:AMAT) on Wednesday, November 15 with “Buy” rating. On Monday, August 14 the stock rating was maintained by B. Riley & Co with “Buy”. On Thursday, March 31 the stock rating was upgraded by BNP Paribas to “Outperform”. The rating was downgraded by Goldman Sachs on Monday, December 19 to “Neutral”. The firm has “Hold” rating by Nomura given on Friday, August 14. The firm has “Overweight” rating given on Tuesday, August 11 by Pacific Crest. Cowen & Co maintained the shares of AMAT in report on Friday, August 14 with “Outperform” rating. As per Monday, October 26, the company rating was upgraded by Nomura.

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