Earnings
Hennion & Walsh Asset Management Inc. Sells 1,913 Shares of Applied Materials, Inc. $AMAT
Hennion & Walsh Asset Management Inc. has reduced its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 3.6%, selling 1,913 shares and retaining 50,817 shares valued at $36.7 million. Despite this sale and recent insider selling, analysts maintain a "Moderate Buy" rating for Applied Materials, with an average price target of $603.23. The company recently surpassed earnings and revenue expectations, and institutional investors own a significant 80.56% of the stock, while concerns remain about the