Applied Materials (AMAT) Sees $18.9 Million in Net ETF Buying on Thursday

This article first appeared on GuruFocus.

TQQQ led the move, adding $11.6 million of Applied Materials stock last Thursday as ETF activity turned net positive for a fifth straight session. On the day, 58 ETFs were buying Applied Materials versus 20 selling, for net buying of $18.9 million. The buying streak has included $9.3 million on Wednesday, $23.5 million on Tuesday, $240.8 million on Monday and $70.5 million on Oct. 30. Thursday's net figure was the smallest of the five sessions.

Warning! GuruFocus has detected 5 Warning Signs with MTZ.

Is AMAT fairly valued? Test your thesis with our free DCF calculator.

Every ETF and guru trade in AMAT is tracked on the AMAT guru trades page.

Which ETFs bought AMAT on Thursday?

The largest buyers by dollar value were TQQQ ($11.6 million), CGUS ($6.2 million) and QQQM ($5.3 million). In all, 58 ETFs added shares and 20 cut them.

ETF

Shares changed

Value

Weight in ETF

TQQQ

+36,297

$11.6M

1.22%

CGUS

+19,343

$6.2M

1.30%

QQQM

+16,665

$5.3M

1.21%

IWF

+8,030

$2.6M

0.85%

XLK

+7,884

$2.5M

1.72%

QTEC

+4,464

$1.4M

1.80%

IYW

+4,016

$1.3M

1.43%

SPYM

+3,780

$1.2M

0.40%

TQQQ added 36,297 shares, a 6.3% increase in its stake, while CGUS added $6.2 million and QQQM $5.3 million. IWF, XLK, QTEC, IYW and SPYM also added smaller amounts. Applied Materials sits in the Technology sector and the Semiconductor Equipment & Materials industry, with a market cap of $264.0 billion.

Have ETFs been buying or selling AMAT lately?

Over the last 5 reported days, ETFs were net buyers on 5 and net sellers on 0, so the recent trend is mostly buying.

Date

Net value

Buying

Selling

Nov. 5

$18.9M

Nov. 4

$9.3M

Nov. 3

$23.5M

Nov. 2

$240.8M

Oct. 30

$70.5M

What does AMAT do?

Applied Materials is the leader in materials engineering solutions used to produce virtually every semiconductor in the world, offering the industry's most comprehensive portfolio of wafer fabrication equipment.

Applied Materials reported trailing-12-month revenue of $30.84 billion, up 9.9% year over year, with a gross margin of 49.4% and a net margin of 30.1%. It trades at a P/E of 28.69, P/B of 10.3 and P/S of 8.62. The GF Score is 92, and GF Value of $262.36 compares with a price of $332.71. The dividend yield is 0.66%, and the stock is up 29.93% year to date.

AMAT at a glance

Measure

Value

Price

$332.71

Market cap

$264.00B

Revenue (trailing 12 months)

$30.84B

Revenue growth (1 year)

+9.9%

Gross margin

49.4%

Net margin

30.1%

P/E

28.69

P/B

10.30

P/S

8.62

GF Score

92/100

GF Value

$262.36

Dividend yield

0.66%

Year-to-date return

+29.93%

For a closer look, open the AMAT stock summary, its GF Value chart and insider buying and selling.

What should investors watch next for AMAT?

Watch whether ETF buying extends to a sixth straight session, and whether flows rebound toward Monday's $240.8 million after Thursday's $18.9 million.

Based on ETF holdings changes reported for Nov. 5, 2026.

Looking for a fund? Use the ETF Screener, and follow daily fund activity on the ETF Trends page.