Applied Materials Shares Purchased by ProVise Management Group

Investment firm increases stake in semiconductor equipment manufacturer

Published on Mar. 9, 2026

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ProVise Management Group LLC has boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 64.1% during the 3rd quarter, according to a recent SEC filing. The firm now owns 57,903 shares of the manufacturing equipment provider's stock, valued at $11,855,000.

Why it matters

Applied Materials is a leading supplier of equipment and services used in the production of semiconductor chips, flat panel displays, and other advanced materials. The increase in ProVise Management Group's stake suggests confidence in the company's long-term prospects amid ongoing demand for semiconductor manufacturing equipment.

The details

According to the filing, ProVise Management Group acquired an additional 22,628 shares of Applied Materials during the 3rd quarter, bringing its total position to 57,903 shares. Applied Materials is a major supplier of capital equipment and related technologies used across the electronics supply chain, including for critical manufacturing processes like deposition, etch, implantation, and metrology.

  • ProVise Management Group increased its stake in Applied Materials during the 3rd quarter of 2026.

The players

ProVise Management Group LLC

An investment management firm that has increased its stake in semiconductor equipment manufacturer Applied Materials.

Applied Materials, Inc.

A U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials.

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The takeaway

The increase in ProVise Management Group's stake in Applied Materials reflects ongoing investor confidence in the semiconductor equipment manufacturer's long-term growth prospects, as demand for advanced semiconductor manufacturing technology continues to rise.