Boothbay Fund Management Buys Stake in Applied Materials

Institutional investor adds 13,524 shares of semiconductor equipment manufacturer to portfolio

Mar. 17, 2026 at 7:24am

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Boothbay Fund Management LLC, an institutional investor, purchased a new stake of 13,524 shares in Applied Materials, Inc. (NASDAQ:AMAT) during the third quarter, according to a recent SEC filing. The shares were valued at approximately $2.77 million.

Why it matters

Applied Materials is a leading manufacturer of semiconductor production equipment, a critical component in the global tech supply chain. Institutional investments in the company can signal confidence in the industry's growth prospects.

The details

Boothbay Fund Management's purchase of Applied Materials shares comes as the company continues to see strong demand for its products. In its most recent quarter, Applied Materials reported revenue of $7.01 billion and earnings per share of $2.38, both exceeding analyst estimates.

  • Boothbay Fund Management purchased the shares in the third quarter of 2026.
  • Applied Materials reported its latest quarterly results on February 12, 2026.

The players

Boothbay Fund Management LLC

An institutional investment firm that purchased a new stake of 13,524 shares in Applied Materials.

Applied Materials, Inc.

A leading manufacturer of semiconductor production equipment, a critical component in the global tech supply chain.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The investment by Boothbay Fund Management in Applied Materials reflects the continued strength and growth potential of the semiconductor equipment industry, which plays a vital role in powering the global technology landscape.