Diligent Investors Trims Stake in Applied Materials

Institutional investor reduces holdings in semiconductor equipment manufacturer by 59%

Mar. 14, 2026 at 8:38am

Diligent Investors LLC, an institutional investor, decreased its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 59.0% in the third quarter, according to a recent 13F filing with the SEC. The firm now owns 5,603 shares of the manufacturing equipment provider's stock, down from 13,652 shares previously.

Why it matters

Applied Materials is a major supplier of equipment and software used in the production of semiconductors, display panels, and other advanced materials. Changes in institutional ownership can provide insights into investor sentiment and expectations around the company's performance and growth prospects.

The details

According to the 13F filing, Diligent Investors sold 8,049 shares of Applied Materials stock during the third quarter. The firm's holdings in the company are now valued at $1,147,000, down from $2,798,000 at the end of the prior quarter. The sale represents a 59.0% reduction in Diligent Investors' position in Applied Materials.

  • Diligent Investors made the share sale during the third quarter of the year.

The players

Diligent Investors LLC

An institutional investor that has reduced its stake in semiconductor equipment manufacturer Applied Materials.

Applied Materials, Inc.

A leading 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 reduction in Diligent Investors' position in Applied Materials could signal a shift in sentiment around the semiconductor equipment maker's prospects, though a single institutional investor's trading activity does not necessarily indicate broader market trends. Investors will likely continue to monitor changes in ownership and analyst commentary around Applied Materials as it navigates industry dynamics.