BlackRock Amends APPLIED MATERIALS Stake, Signals Portfolio Shift
Ticker: AMAT · Form: SC 13G/A · Filed: 2024-02-02T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its APPLIED MATERIALS stake, watch for market reaction.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on February 2, 2024, indicating a change in its beneficial ownership of Common Stock in APPLIED MATERIALS INC /DE as of December 31, 2023. This filing, Amendment No. 13, updates BlackRock's previous disclosures regarding its passive investment in the semiconductor equipment giant. For investors, this matters because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its investment strategy or outlook on APPLIED MATERIALS INC /DE's future performance.
Why It Matters
This filing shows BlackRock's updated position in APPLIED MATERIALS INC /DE, which can influence market perception and potentially impact the stock's trading volume and price.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate significant risk to the company or its shareholders.
Analyst Insight
An investor should note BlackRock's updated position as a data point, but without specific share count changes, it's primarily an administrative update rather than a strong buy/sell signal. Further analysis of BlackRock's full 13F filing would be needed for a complete picture.
Key Players & Entities
- BlackRock Inc. (company) — the entity filing the SC 13G/A, reporting its ownership in APPLIED MATERIALS INC /DE
- APPLIED MATERIALS INC /DE (company) — the subject company whose securities are being reported on
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- February 2, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 13 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 13' in the filing.
Who is the 'subject company' in this filing?
The subject company is APPLIED MATERIALS INC /DE, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: APPLIED MATERIALS INC /DE'.
Who is the 'filer' or 'reporting person' in this document?
The filer, or reporting person, is BlackRock Inc., as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of APPLIED MATERIALS INC /DE is 038222105, as listed under 'CUSIP No. 038222105'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
From the Filing
EDGAR Filing Documents for 0001086364-24-006194 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-006194 Filing Date 2024-02-02 Accepted 2024-02-02 14:17:27 Documents 1 Document Format Files Seq Description Document Type Size 1 us0382221051_020224.txt SC 13G/A 12052 Complete submission text file 0001086364-24-006194.txt 13956 Mailing Address 3050 BOWERS AVE SANTA CLARA CA 95054-3299 Business Address 3050 BOWERS AVE SANTA CLARA CA 95054-3299 4085635300 APPLIED MATERIALS INC /DE (Subject) CIK : 0000006951 (see all company filings) EIN. : 941655526 | State of Incorp.: DC | Fiscal Year End: 1027 Type: SC 13G/A | Act: 34 | File No.: 005-13509 | Film No.: 24590224 SIC : 3674 Semiconductors & Related Devices (CF Office: 04 Manufacturing) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)