Sen. Markwayne Mullin Buys Applied Materials, Inc. (NASDAQ:AMAT) Shares

Posted by Defense World Staff on Jan 18th, 2026

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Applied Materials, Inc. (NASDAQ:AMAT). In a filing disclosed on January 16th, the Senator disclosed that they had bought between $15,001 and $50,000 in Applied Materials stock on December 29th.

Senator Markwayne Mullin also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Deere & Company (NYSE:DE) on 12/29/2025.
Purchased $15,001 – $50,000 in shares of Hilton Worldwide (NYSE:HLT) on 12/29/2025.
Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 12/29/2025.
Purchased $15,001 – $50,000 in shares of CocaCola (NYSE:KO) on 12/29/2025.
Purchased $15,001 – $50,000 in shares of Elevance Health (NYSE:ELV) on 12/29/2025.
Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 12/29/2025.
Purchased $100,001 – $250,000 in shares of Amazon.com (NASDAQ:AMZN) on 12/29/2025.
Purchased $50,001 – $100,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 12/29/2025.
Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/29/2025.
Purchased $15,001 – $50,000 in shares of Boston Scientific (NYSE:BSX) on 12/29/2025.

Applied Materials Stock Up 2.5%

NASDAQ:AMAT opened at $327.01 on Friday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $331.00. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32. The stock has a market cap of $259.30 billion, a price-to-earnings ratio of 37.67, a PEG ratio of 3.38 and a beta of 1.67. The stock has a 50-day moving average price of $261.40 and a two-hundred day moving average price of $218.00.

Applied Materials (NASDAQ:AMAT – Get Free Report) last released its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The company had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.68 billion. During the same quarter last year, the firm posted $2.32 earnings per share. Applied Materials’s revenue was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, equities analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, February 19th. This represents a $1.84 annualized dividend and a yield of 0.6%. Applied Materials’s payout ratio is currently 21.20%.

Insider Activity at Applied Materials

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total value of $952,960.00. Following the completion of the transaction, the senior vice president owned 84,351 shares in the company, valued at $20,095,782.24. This represents a 4.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction on Monday, December 1st. The stock was sold at an average price of $255.53, for a total value of $155,617.77. Following the sale, the chief accounting officer owned 4,413 shares in the company, valued at $1,127,653.89. The trade was a 12.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 8,609 shares of company stock valued at $2,044,898. 0.24% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

AMAT has been the subject of a number of research analyst reports. BNP Paribas raised shares of Applied Materials to a “hold” rating in a research note on Monday, November 17th. B. Riley restated a “buy” rating on shares of Applied Materials in a report on Thursday. Sanford C. Bernstein reiterated a “market perform” rating and set a $325.00 price objective on shares of Applied Materials in a report on Monday, January 12th. Needham & Company LLC restated a “buy” rating and issued a $260.00 target price on shares of Applied Materials in a research note on Friday, November 14th. Finally, Stifel Nicolaus upped their price target on Applied Materials from $250.00 to $340.00 and gave the stock a “buy” rating in a research report on Wednesday. Twenty-three research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $282.25.

Get Our Latest Research Report on AMAT

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. IFG Advisory LLC raised its holdings in shares of Applied Materials by 1,008.1% in the second quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock valued at $6,619,000 after purchasing an additional 32,893 shares during the last quarter. Atlantic Union Bankshares Corp grew its position in Applied Materials by 23.0% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock worth $2,315,000 after purchasing an additional 2,363 shares in the last quarter. Sienna Gestion increased its stake in Applied Materials by 10.2% in the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after buying an additional 10,468 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of Applied Materials by 31.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 145,277 shares of the manufacturing equipment provider’s stock worth $26,601,000 after buying an additional 35,012 shares in the last quarter. Finally, Westfield Capital Management Co. LP boosted its stake in shares of Applied Materials by 13,360.6% in the 2nd quarter. Westfield Capital Management Co. LP now owns 694,431 shares of the manufacturing equipment provider’s stock worth $127,129,000 after buying an additional 689,272 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

More Applied Materials News

Here are the key news stories impacting Applied Materials this week:

Positive Sentiment: TSMC’s $52–$56B 2026 capex guidance creates near‑term, high‑certainty demand for equipment suppliers like Applied Materials — MarketBeat explains that TSMC must buy new, specialized deposition and other tools (benefitting AMAT) to move to 2nm production. The $56 Billion Draft: Follow TSMC’s CapEx Stream
Positive Sentiment: Applied topped out at a new all‑time high as investors front‑run TSMC-driven equipment demand; KeyBanc says AMAT can push higher in 2026. Applied Materials Stock Just Hit a New All-Time High. Should You Buy AMAT Here?
Positive Sentiment: Several sell‑side upgrades (Barclays, RBC, Stifel and others) have raised ratings/targets and highlighted AMAT’s exposure to AI capex and HBM growth, supporting upward price momentum. Applied Materials, AEI Industries, MKS in focus as KeyBanc ups targets
Positive Sentiment: Barclays upgrade specifically cited AI‑driven fab spending as a catalyst, which helped spur intraday gains. Barclays upgrades Applied Materials (AMAT)
Positive Sentiment: AMAT’s HBM (hybrid bonding) business hit $1.5B in FY25 and is positioned to double as memory/AI packaging ramps — a structural growth driver cited by analysts. Applied Materials FY25 HBM Revenues Hit $1.5B: A New Growth Driver?
Neutral Sentiment: Market commentary offers trade ideas and allocation strategies (e.g., “drafting the titan”) that favor equipment vendors instead of chip designers — useful context but not a direct company update. Here Is A Smart Way To Invest In AMAT Stock
Neutral Sentiment: AMAT is due to report its next quarter soon; analysts expect a single‑digit EPS decrease, so near‑term guidance and orders will be watched closely for confirmation of the TSMC-driven rebound. Here’s What to Expect From Applied Materials’ Next Earnings Report
Negative Sentiment: Valuation and positioning risk: AMAT is trading near its 52‑week high with elevated multiples (PE/PEG), so any hiccup in order timing, customer pushouts or margin guidance could trigger a pullback. Here is What to Know Beyond Why Applied Materials, Inc. (AMAT) is a Trending Stock

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Applied Materials Company Profile

(Get Free Report)

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.