Shares of Applied Materials (NASDAQ:AMAT) Sees Large Outflow of Money

Applied Materials (NASDAQ:AMAT) traded on a positive note gaining 0.2 points or 0.85% to be valued at $23.83 per share. Intraday, the shares aggregated $15.99 million in upticks but saw an exodus of $26.92 million in downticks. The net money flow was calculated to be $(-10.93) million with the final up/down ratio coming in at 0.59. The share price has seen a change of 1.71% in value during the week. Block trade of up/down ratio of 0.16 was also registered with $2.11 million in upticks and $12.83 million in downticks. The net money flow for the block exchange was disappointing at $(-10.72) Million.


The stock has recorded a 20-day Moving Average of 0.51% and the 50-Day Moving Average is 8.87%. The company shares have rallied 18.39% in the past 52 Weeks. On June 2, 2016 The shares registered one year high of $24.65 and one year low was seen on August 24, 2015 at $14.25. The 50-day moving average is $22.29 and the 200 day moving average is recorded at $19.79. S&P 500 has rallied 1.93% during the last 52-weeks.

Applied Materials (NASDAQ:AMAT): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.69 and $23.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.83, notching a gain of 0.85% for the day. The total traded volume was 7,720,110 . The stock had closed at $23.63 on the previous day.

Currently the company Insiders own 0.25% of Applied Materials shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.09% . Institutional Investors own 84.07% of Applied Materials shares. During last six month period, the net percent change held by insiders has seen a change of -8.09%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Salehpour Ali, officer (Sr. VP, GM New Mrkts & Service) of Applied Materials Inc /De, had unloaded 40,000 shares at an average price of $24.37 in a transaction dated on June 3, 2016. The total value of the transaction was worth $974,800.

Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries. Applied operates in four segments: Silicon Systems Group, Applied Global Services, Display, and Energy and Environmental Solutions. The Silicon Systems Group segment develops, manufactures and sells manufacturing equipment used to fabricate semiconductor chips. The Applied Global Services segment encompasses services, products and integrated solutions to optimize equipment and fab performance and productivity. The Display Segment includes products for manufacturing liquid crystal displays, organic light-emitting diodes and other display technologies for televisions, personal computers, tablets, smartphones and other devices. The Energy and Environmental Solutions segment includes systems for manufacturing wafer-based crystalline silicon cells and modules.

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