As Applied Materials (AMAT) Stock Value Rose, Evanston Investments INC Dba Evanston Advisors Lifted by $6.73 Million Its Stake

December 8, 2017 - By Vivian Currie

Investors sentiment decreased to 0.82 in Q2 2017. Its down 0.33, from 1.15 in 2017Q1. It is negative, 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. Franklin Res Inc holds 3.00 million shares or 0.06% of its portfolio. General Amer Invsts reported 260,000 shares or 1.09% of all its holdings. Geode Capital Management has invested 0.2% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Thrivent Financial For Lutherans has invested 0.55% in Applied Materials, Inc. (NASDAQ:AMAT). Winslow Evans And Crocker Incorporated has invested 0% in Applied Materials, Inc. (NASDAQ:AMAT). Oregon Public Employees Retirement Fund has invested 0.39% in Applied Materials, Inc. (NASDAQ:AMAT). Ledyard Bancorp holds 0.3% or 51,200 shares. Community Comml Bank Na holds 0.01% or 1,135 shares. Banque Pictet Cie Sa, Switzerland-based fund reported 12,000 shares. Grimes And Company reported 5,583 shares. Us Bank & Trust De invested 0.05% in Applied Materials, Inc. (NASDAQ:AMAT). 238,120 are owned by Eaton Vance. 198,767 were reported by Ubs Oconnor Ltd. Kingfisher Capital Limited Liability Co invested in 5,206 shares or 0.15% of the stock. Sii Invs Wi accumulated 0.02% or 7,211 shares.

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 $55.78B market cap company. The stock increased 2.53% or $1.29 during the last trading session, reaching $52.3. About 14.69M 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: Benzinga.com which released: “Applied Materials Outperforms Despite Volatility, Says Wells Fargo” on December 06, 2017, also Seekingalpha.com with their article: “Applied Materials Beats, Raises, CEO Gets Bullish” published on November 20, 2017, Seekingalpha.com published: “Booming Chips” on November 28, 2017. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Reuters.com and their article: “Chip gear maker Applied Materials posts strong results, forecast” published on November 16, 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. On Thursday, August 11 the stock rating was maintained by B. Riley & Co with “Buy”. The firm earned “Overweight” rating on Thursday, March 10 by Pacific Crest. Credit Agricole upgraded Applied Materials, Inc. (NASDAQ:AMAT) on Friday, September 25 to “Buy” rating. Cowen & Co maintained the stock with “Outperform” rating in Wednesday, November 11 report. The company was maintained on Monday, July 10 by DA Davidson. The stock has “Buy” rating by Citigroup on Friday, August 12. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Outperform” rating by Cowen & Co on Friday, May 20. RBC Capital Markets maintained the shares of AMAT in report on Monday, July 24 with “Hold” rating. As per Thursday, September 28, the company rating was maintained by Craig Hallum. The rating was upgraded by Nomura on Monday, October 26 to “Buy”.

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