Rep. Josh Gottheimer (D-NJ) Sells Applied Materials (AMAT) Stock
Congressman Josh Gottheimer disclosed selling shares of Applied Materials valued between $1,001 and $15,000.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Josh Gottheimer (D-NJ) sold between $1,001 and $15,000 of Applied Materials, Inc. ($AMAT) stock on September 15, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed October 7, 2026.
Since the trade, $AMAT is up 12.2% after 1 week, up 2.1% after 1 month and down 2.8% to date (from the $421.17 close on Sep 15, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Josh Gottheimer (D-NJ)
- Status:
- Member — House
- State/District:
- NJ-5
- Party:
- Democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Oct 7, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Applied Materials, Inc. ($AMAT) | Sell | Sep 15, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. View the original: STOCK Act disclosure (House Clerk)
AMAT
Applied Materials, Inc.
Key Points
- Rep. Josh Gottheimer, a Democrat from New Jersey, sold shares of Applied Materials, Inc. valued between $1,001 and $15,000.
- Applied Materials, Inc. stock traded around $421.93 on Friday with a market cap of $368.42 billion and a P/E ratio of 40.0.
- The company, headquartered in Santa Clara, CA, provides engineering solutions and equipment for the semiconductor industry.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Applied Materials, Inc. alert may contain errors. Disclosures
Rep. Josh Gottheimer, a Democrat representing New Jersey's 5th district in the House, has disclosed selling shares of Applied Materials, Inc. (NasdaqGS: AMAT). The transaction, valued between $1,001 and $15,000, was reported on October 7, 2026, though it occurred on September 15, 2026.
Josh Gottheimer vs. the S&P 500
Hypothetical returns from Josh Gottheimer's disclosed trades, not real profit or advice. How we model this.
Applied Materials, Inc. Stock Down 1.9%
Shares of Applied Materials, Inc. traded near $421.93 on Friday. The company boasts a sizable market cap of approximately $368.42 billion and has a P/E ratio of 40.0, while its forward P/E stands at 25.2. Known for its volatility, the stock has a beta of 1.60. Over the past year, Applied Materials' stock has ranged from a low of $196.20 to a high of $739.67. Its 50-day moving average is $498.35, and the 200-day moving average is $417.26. The company maintains a current ratio of 2.42 and a quick ratio of 1.63, with a debt-to-equity ratio of 28.67.
Recent Earnings
In its recent earnings report, Applied Materials, Inc. posted revenue of $30.84 billion, reflecting a growth rate of 24.8%. The company's net margin stands at 30.1%, and it delivered a return on equity of 41.1%. Earnings per share came in at $11.60. Investors are looking ahead to the next earnings release scheduled for November 12, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
20 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 5.9%. Revenue beat estimates by 12.9%.
-
Profit surprise
EBITDA beat by 52 percent. Operating income beat by 24 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
20 target raises.
-
Earnings quality
Gross margin up 0.8 points. Operating margin up 1.3 points. Positive free cash flow.
Earnings Call Summary
Applied Materials delivered record revenue of $7.91 billion this quarter driven by strong artificial intelligence infrastructure demand. The company sees its highest gross margin in over 25 years at 50 percent. Management highlighted that artificial intelligence is diversifying beyond training into new areas like agentic applications, which increases demand for memory and processors, and they expect continued strong growth into 2027 and beyond as customers build new factories.
Guidance Applied expects about $8.95 billion in revenue next quarter, up nearly 23 percent from last year. The company expects earnings per share of $3.36, up nearly 36 percent. Management raised its full-year equipment growth outlook to more than 30 percent as artificial intelligence demand accelerates and customers add production capacity.
Clearly positive report. Results were better than expected, though the forward reset is not the strongest.
Dividend
Applied Materials offers an annual dividend rate of $2.12, yielding 0.48%. The company's dividend payout ratio is a modest 16.5%.
About Applied Materials, Inc.
Applied Materials, Inc. is a leader in providing materials engineering solutions and equipment to the semiconductor and related industries. Based in Santa Clara, California, the company operates through its Semiconductor Systems and Applied Global Services segments. The company serves a global market including the United States, China, and other regions, with a workforce of around 38,900 employees. Gary E. Dickerson serves as the CEO.
Related Filing Alerts
Source: Josh Gottheimer's STOCK Act disclosure on $AMAT (Sep 15, 2026). Read the original filing: STOCK Act disclosure (House Clerk). Written by software, not financial advice. How we make alerts