Applied Materials (AMAT) Stock Near Record Highs as TD Cowen Lifts Target to $315 and Big Money Piles In
Applied Materials shares traded near $268 late Friday, just below record highs after a 14% two-week rally. Institutional investors including Amundi and Mirabella increased stakes, with funds now holding about 80.6% of shares. Insiders sold roughly 8,600 shares worth $2 million over the past 90 days. Market cap stands at $214 billion.