Wallace Advisory Group Reduces Stake in Applied Materials

Institutional investor sells over 1,700 shares of semiconductor equipment manufacturer

Apr. 11, 2026 at 12:22pm

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An extreme close-up of complex, interlocking metal machinery in shades of grey, representing the industrial infrastructure powering the global semiconductor supply chain.An institutional investor's reduced stake in a leading semiconductor equipment maker reflects broader shifts in the tech industry.Santa Clara Today

Wallace Advisory Group LLC decreased its position in Applied Materials, Inc. (NASDAQ:AMAT) by 65.2% in the fourth quarter, according to the company's SEC filing. The institutional investor now owns 946 shares of the manufacturing equipment provider's stock, valued at $243,000 at the end of the quarter.

Why it matters

This transaction reflects the broader trend of institutional investors adjusting their holdings in semiconductor industry leaders like Applied Materials as the sector navigates market shifts and technological advancements.

The details

Wallace Advisory Group sold 1,773 shares of Applied Materials stock during the fourth quarter. The firm now holds 946 shares, down from 2,719 shares previously. Applied Materials is a major supplier of equipment, services and software used in semiconductor chip, display panel and advanced materials manufacturing.

  • The transaction occurred in the fourth quarter of 2025.

The players

Wallace Advisory Group LLC

An institutional investor that has reduced 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

This transaction highlights the ongoing shifts in institutional investment strategies within the semiconductor industry as companies navigate technological changes and market dynamics.