Applied Mat Unusual Options Activity For September 07
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Applied Mat (NASDAQ:AMAT) with 73% of investors opening trades with bearish expectations. The majority of the spotted trades are puts, totaling $664,129. Whales have been targeting a price range from $110.0 to $155.0 for Applied Mat over the last 3 months. The price of AMAT is currently down -4.85% at $145.75. Analysts from Craig-Hallum, Berenberg, Susquehanna, Morgan Stanley, and TD Cowen have maintained their ratings on Applied Mat.

September 07, 2023 | 2:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Applied Mat (NASDAQ:AMAT) has seen a significant bearish stance with 73% of investors opening bearish trades. The price of AMAT is currently down -4.85% at $145.75. Analysts have maintained their ratings on the company.
The bearish stance taken by a majority of investors, coupled with the current decrease in the price of AMAT, indicates a potential short-term negative impact on the stock. However, the maintained ratings by analysts suggest that the long-term outlook may still be positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100