Erste Asset Management GmbH Cuts Stake in Applied Materials, Inc. $AMAT

NodeGuardian · 2026-02-28T14:30:05+00:00

Erste Asset Management cut its stake in Applied Materials by 35.8%, now holding 389,698 shares worth $79.72 million. Institutional investors made minor changes, while insiders sold over 10,000 shares. Analysts continue to rate AMAT as a "Moderate Buy."

NodeGuardian

2026-02-28 14:30:05

Abstract generation in progress

Erste Asset Management GmbH has reduced its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 35.8% in the third quarter, selling 217,374 shares and now owning 389,698 shares valued at $79.72 million. Other institutional investors have made minor adjustments to their holdings, while company insiders have sold over 10,000 shares for more than $3.6 million. Analysts maintain a “Moderate Buy” rating for AMAT, with several firms raising their price targets after the company’s strong Q1 earnings report.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes