Applied Materials stock pulls back from $396 high as insider sale and March events put AMAT in focus
Applied Materials closed down 0.91% at $372.30 on Friday, with trading volume near 9.04 million shares. A regulatory filing showed director Judy Bruner’s family trust sold 2,500 shares at a weighted average price of $391.71 on Feb. 25. The stock’s decline followed a broader tech pullback after Nvidia’s results and higher-than-expected U.S. wholesale inflation data.