Applied Materials Shares Sold by Davis Investment Partners

Institutional investor cuts stake in semiconductor equipment maker by 75%

Mar. 20, 2026 at 8:52am

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Davis Investment Partners LLC reduced its position in Applied Materials, Inc. (NASDAQ:AMAT) by 75.1% in the fourth quarter, according to a filing with the Securities and Exchange Commission. The firm now owns 1,023 shares of the manufacturing equipment provider's stock, down from 4,104 shares previously.

Why it matters

Applied Materials is a major supplier of equipment and software used in semiconductor chip and display panel manufacturing. Changes in institutional ownership of the company's stock can signal shifts in market sentiment and expectations around the semiconductor industry.

The details

According to the SEC filing, Davis Investment Partners sold 3,081 shares of Applied Materials stock during the fourth quarter, leaving the firm with a remaining position of 1,023 shares valued at $275,000. The move represents a significant reduction in the firm's exposure to Applied Materials, which is one of the leading providers of semiconductor manufacturing equipment.

  • The share sale occurred in the fourth quarter of 2025.

The players

Davis Investment Partners LLC

An institutional investment firm that previously held a larger stake in semiconductor equipment maker Applied Materials.

Applied Materials, Inc.

A major American supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials.

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The takeaway

This reduction in institutional ownership of Applied Materials stock could signal a shift in market sentiment around the semiconductor industry, though the full implications remain to be seen. The company's fortunes are closely tied to trends in chip manufacturing and display technology.