Yintech Investment Holdings Limited (YIN) At $8.62 Forms Bottom; Macquarie Group LTD Has Boosted Applied Matls (AMAT) Holding

Applied Materials, Inc. (NASDAQ:AMAT) Logo

Yintech Investment Holdings Limited (YIN) formed multiple bottom with $8.10 target or 6.00% below today’s $8.62 share price. Yintech Investment Holdings Limited (YIN) has $608.15 million valuation. The stock decreased 1.60% or $0.14 during the last trading session, reaching $8.62. About 55,011 shares traded. Yintech Investment Holdings Limited (NASDAQ:YIN) has declined 56.70% since May 4, 2017 and is downtrending. It has underperformed by 68.25% the S&P500.

Macquarie Group Ltd increased Applied Matls Inc (AMAT) stake by 631.75% reported in 2017Q4 SEC filing. Macquarie Group Ltd acquired 1.69 million shares as Applied Matls Inc (AMAT)’s stock rose 6.49%. The Macquarie Group Ltd holds 1.96M shares with $100.44M value, up from 268,188 last quarter. Applied Matls Inc now has $53.28 billion valuation. The stock increased 0.36% or $0.18 during the last trading session, reaching $50.71. About 10.79M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 42.67% since May 4, 2017 and is uptrending. It has outperformed by 31.12% the S&P500.

Since December 29, 2017, it had 0 insider purchases, and 4 insider sales for $10.41 million activity. The insider Nalamasu Omkaram sold $2.83M. Salehpour Ali sold $6.44 million worth of stock. 15,000 shares were sold by Iannotti Thomas J, worth $922,050 on Thursday, March 8. $214,680 worth of Applied Materials, Inc. (NASDAQ:AMAT) was sold by Forrest Stephen R on Wednesday, January 3.

Macquarie Group Ltd decreased Express Scripts Hldg Co (NASDAQ:ESRX) stake by 1.07 million shares to 10.18 million valued at $759.26M in 2017Q4. It also reduced 51Job Inc (NASDAQ:JOBS) stake by 10,700 shares and now owns 45,300 shares. Kb Financial Group Inc (NYSE:KB) was reduced too.

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. has $76.0 highest and $12 lowest target. $55.54’s average target is 9.52% above currents $50.71 stock price. Applied Materials Inc. had 120 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Hold” rating by RBC Capital Markets on Monday, July 24. The stock has “Neutral” rating by Goldman Sachs on Monday, December 19. The firm has “Buy” rating by Nomura given on Monday, October 26. The rating was downgraded by Susquehanna on Tuesday, April 19 to “Negative”. CLSA upgraded Applied Materials, Inc. (NASDAQ:AMAT) on Tuesday, January 19 to “Buy” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Sector Perform” rating by RBC Capital Markets on Thursday, February 16. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, June 10. Cowen & Co maintained the shares of AMAT in report on Friday, August 19 with “Outperform” rating. Cowen & Co maintained Applied Materials, Inc. (NASDAQ:AMAT) on Friday, August 14 with “Outperform” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by Bank of America on Wednesday, November 15.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.20, from 1.06 in 2017Q3. It turned negative, as 52 investors sold AMAT shares while 367 reduced holdings. 113 funds opened positions while 249 raised stakes. 797.20 million shares or 1.72% less from 811.15 million shares in 2017Q3 were reported. Bbva Compass Fincl Bank Inc has 0.02% invested in Applied Materials, Inc. (NASDAQ:AMAT). Amica Mutual Ins Commerce reported 0.36% in Applied Materials, Inc. (NASDAQ:AMAT). 3.95M were reported by Swedbank. Cape Cod Five Cents Retail Bank reported 29,784 shares. Livforsakringsbolaget Skandia Omsesidigt invested in 0.24% or 49,814 shares. Cadence Cap Mngmt Lc has 5,492 shares. Avalon Advsr Limited Liability invested in 0.5% or 321,594 shares. Wealthtrust Axiom Llc has invested 0.09% in Applied Materials, Inc. (NASDAQ:AMAT). Deltec Asset Ltd Llc accumulated 170,500 shares. Pillar Pacific Cap Mngmt Limited Liability Company, a California-based fund reported 226,001 shares. 2.39M were accumulated by Millennium Mgmt Limited Co. Cap Fund Management holds 0.43% in Applied Materials, Inc. (NASDAQ:AMAT) or 1.53M shares. Legg Mason Asset Mgmt (Japan) holds 26,000 shares or 0.8% of its portfolio. 11,544 are held by Tradewinds Capital Lc. Paloma Ptnrs Management Com holds 100,589 shares.

More news for Applied Materials, Inc. (NASDAQ:AMAT) were recently published by: 247Wallst.com, which released: “Stifel Says Buy Top Semiconductor Equipment Stocks on Market Pullback” on April 05, 2018. Seekingalpha.com‘s article titled: “Liking Box Since $12 – Cramer’s Lightning Round (5/1/18)” and published on May 02, 2018 is yet another important article.

Applied Materials, Inc. (NASDAQ:AMAT) Institutional Positions Chart