Applied Materials Shares Sold by NorthCrest Asset Management

Institutional investor reduces stake in semiconductor equipment provider

Mar. 22, 2026 at 10:52am

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NorthCrest Asset Management LLC, an investment firm, reduced its position in Applied Materials, Inc. (NASDAQ:AMAT) by 2.5% during the fourth quarter, according to a recent SEC filing. The firm now owns 220,103 shares of the manufacturing equipment provider's stock, valued at $62,580,000.

Why it matters

Applied Materials is a major supplier of equipment and services used in the production of semiconductor chips, display panels, and other advanced materials. Changes in institutional ownership of the company's shares can provide insights into market sentiment and expectations around the semiconductor industry.

The details

According to the SEC filing, NorthCrest Asset Management sold 5,757 shares of Applied Materials during the fourth quarter. The firm's total position in the company now represents approximately 1.4% of its portfolio. Applied Materials is the firm's 9th largest holding.

  • The shares were sold during the fourth quarter of 2025.

The players

NorthCrest Asset Management LLC

An investment management firm that reduced its stake in Applied Materials, Inc.

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 NorthCrest Asset Management's position in Applied Materials reflects broader market trends and sentiment around the semiconductor industry. As a major supplier of critical manufacturing equipment, changes in Applied Materials' stock ownership can provide insights into the health and outlook of the overall semiconductor market.