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

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

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!