Is Applied Materials, Inc. (AMAT) Going to Burn These Hedge Funds?

Page 1 of 2

Will you buy Applied Materials, Inc. (NASDAQ:AMAT)?

In the 21st century investor’s toolkit, there are many metrics investors can use to track stocks. A pair of the most underrated are hedge fund and insider trading activity. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the elite fund managers can beat the broader indices by a significant amount (see just how much).

Equally as necessary, bullish insider trading sentiment is another way to analyze the investments you’re interested in. As the old adage goes: there are many reasons for a corporate insider to sell shares of his or her company, but only one, very simple reason why they would behave bullishly. Plenty of empirical studies have demonstrated the valuable potential of this tactic if investors understand what to do (learn more here).

Applied Materials, Inc. (NASDAQ:AMAT)

What’s more, it’s important to discuss the latest info surrounding Applied Materials, Inc. (NASDAQ:AMAT).

How have hedgies been trading Applied Materials, Inc. (NASDAQ:AMAT)?

In preparation for the third quarter, a total of 31 of the hedge funds we track held long positions in this stock, a change of 35% from the previous quarter. With the smart money’s sentiment swirling, there exists a few noteworthy hedge fund managers who were upping their holdings substantially.

When using filings from the hedgies we track, Natixis Global Asset Management’s Harris Associates had the most valuable position in Applied Materials, Inc. (NASDAQ:AMAT), worth close to $1.0672 billion, accounting for 2.2% of its total 13F portfolio. Coming in second is Third Avenue Management, managed by Martin Whitman, which held a $132.1 million position; the fund has 2.6% of its 13F portfolio invested in the stock. Other hedgies that hold long positions include Sandy Nairn’s Edinburgh Partners, Panayotis Takis Sparaggis’s Alkeon Capital Management and Curtis Macnguyen’s Ivory Capital (Investment Mgmt).

As one would understandably expect, particular hedge funds were breaking ground themselves. Third Avenue Management, managed by Martin Whitman, assembled the largest position in Applied Materials, Inc. (NASDAQ:AMAT). Third Avenue Management had 132.1 million invested in the company at the end of the quarter. Sandy Nairn’s Edinburgh Partners also made a $126.2 million investment in the stock during the quarter. The other funds with new positions in the stock are Panayotis Takis Sparaggis’s Alkeon Capital Management, Curtis Macnguyen’s Ivory Capital (Investment Mgmt), and Daniel Bubis’s Tetrem Capital Management.

What have insiders been doing with Applied Materials, Inc. (NASDAQ:AMAT)?

Insider buying made by high-level executives is at its handiest when the company we’re looking at has seen transactions within the past six months. Over the latest 180-day time period, Applied Materials, Inc. (NASDAQ:AMAT) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll also take a look at the relationship between both of these indicators in other stocks similar to Applied Materials, Inc. (NASDAQ:AMAT). These stocks are Advanced Semiconductor Engineering (ADR) (NYSE:ASX), Cree, Inc. (NASDAQ:CREE), Lam Research Corporation (NASDAQ:LRCX), KLA-Tencor Corporation (NASDAQ:KLAC), and ASML Holding N.V. (ADR) (NASDAQ:ASML). This group of stocks are the members of the semiconductor equipment & materials industry and their market caps resemble AMAT’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!