SEC Form SC 13G/A filed by Applied Materials Inc. (Amendment)

2/14/22 2:34:19 PM ET

Semiconductors

Technology

Get the next $AMAT alert in real time by email

SC 13G/A 1 amat13gadec21.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2) APPLIED MATERIALS INC (Name of Issuer) COMMON STOCK (Title of Class of Securities) 038222105 (CUSIP NUMBER) December 31, 2021 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. ROWE PRICE ASSOCIATES, INC. 52-0556948 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 6,275,874 6. Shared Voting Power* 0 7. Sole Dispositive Power* 15,471,214 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 15,471,214 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 1.7% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: APPLIED MATERIALS INC Item 1(b) Address of Issuer's Principal Executive Offices: 3050 BOWERS AVE, SANTA CLARA, CALIFORNIA 95054-3299 Item 2(a) Name of Person(s) Filing: (1) T. ROWE PRICE ASSOCIATES, INC. ("Price Associates") Item 2(b) Address of Principal Business Office: 100 E. Pratt Street, Baltimore, MD 21202 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: COMMON STOCK Item 2(e) Cusip Number: 038222105 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class This statement is being filed to report the fact that, as of the date of this report, the reporting person(s) has (have) ceased to be the beneficial owner of more than five percent of the class of securities. Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Associates does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Associates serves as investment adviser. Any and all discretionary authority which has been delegated to Price Associates may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Associates which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Associates. (2) With respect to securities owned by any one of the T. Rowe Price Funds, only the custodian for each of such Funds, has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. No other person is known to have such right, except that the shareholders of each such Fund participate proportionately in any dividends and distributions so paid. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. ROWE PRICE ASSOCIATES, INC. Date: February 14, 2022 Signature: /s/ David Oestreicher Name & Title: David Oestreicher, Executive Vice President 12/31/2021

Get the next $AMAT alert in real time by email

Recent Analyst Ratings for

$AMAT

Date	Price Target	Rating	Analyst
6/6/2025		Underweight → Equal-Weight	Morgan Stanley
5/16/2025	$225.00 → $220.00	Buy	TD Cowen
3/28/2025	$195.00	Hold → Buy	Jefferies
3/12/2025		Hold → Buy	Edward Jones
1/17/2025	$225.00	Sector Weight → Overweight	KeyBanc Capital Markets
12/17/2024		Neutral	Cleveland Research
12/5/2024	$179.00 → $164.00	Equal-Weight → Underweight	Morgan Stanley
11/15/2024	$250.00 → $230.00	Buy	TD Cowen

More analyst ratings

SEC Form SC 13G/A filed by Applied Materials Inc. (Amendment)

Chat with this insight

Recent Analyst Ratings for
$AMAT

$AMAT
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Applied Materials upgraded by Morgan Stanley

TD Cowen reiterated coverage on Applied Materials with a new price target

Applied Materials upgraded by Jefferies with a new price target

$AMAT
SEC Filings

SEC Form SD filed by Applied Materials Inc.

SEC Form 10-Q filed by Applied Materials Inc.

Applied Materials Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$AMAT
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

President and CEO Dickerson Gary E bought $6,865,082 worth of shares (50,000 units at $137.30), increasing direct ownership by 3% to 1,716,058 units (SEC Form 4)

$AMAT
Press Releases

Fastest customizable press release news feed in the world

Applied Materials and CEA-Leti Expand Joint Lab To Drive Innovation in Specialty Chips

Applied Materials Announces Cash Dividend

Applied Materials to Participate in Upcoming Investor Conferences

$AMAT
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

President and CEO Dickerson Gary E bought $6,865,082 worth of shares (50,000 units at $137.30), increasing direct ownership by 3% to 1,716,058 units (SEC Form 4)

SVP, CFO Hill Brice covered exercise/tax liability with 10,754 shares, decreasing direct ownership by 8% to 130,475 units (SEC Form 4)

Corp. Controller & CAO Sanders Adam covered exercise/tax liability with 215 shares and sold $65,174 worth of shares (450 units at $144.83), decreasing direct ownership by 10% to 5,862 units (SEC Form 4)

SEC Form SC 13G/A filed by Applied Materials Inc. (Amendment)

Chat with this insight

Recent Analyst Ratings for $AMAT

$AMAT Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Applied Materials upgraded by Morgan Stanley

TD Cowen reiterated coverage on Applied Materials with a new price target

Applied Materials upgraded by Jefferies with a new price target

$AMAT SEC Filings

SEC Form SD filed by Applied Materials Inc.

SEC Form 10-Q filed by Applied Materials Inc.

Applied Materials Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$AMAT Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

President and CEO Dickerson Gary E bought $6,865,082 worth of shares (50,000 units at $137.30), increasing direct ownership by 3% to 1,716,058 units (SEC Form 4)

$AMAT Press Releases

Fastest customizable press release news feed in the world

Applied Materials and CEA-Leti Expand Joint Lab To Drive Innovation in Specialty Chips

Applied Materials Announces Cash Dividend

Applied Materials to Participate in Upcoming Investor Conferences

$AMAT Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

President and CEO Dickerson Gary E bought $6,865,082 worth of shares (50,000 units at $137.30), increasing direct ownership by 3% to 1,716,058 units (SEC Form 4)

SVP, CFO Hill Brice covered exercise/tax liability with 10,754 shares, decreasing direct ownership by 8% to 130,475 units (SEC Form 4)

Corp. Controller & CAO Sanders Adam covered exercise/tax liability with 215 shares and sold $65,174 worth of shares (450 units at $144.83), decreasing direct ownership by 10% to 5,862 units (SEC Form 4)

Recent Analyst Ratings for
$AMAT

$AMAT
Analyst Ratings

$AMAT
SEC Filings

$AMAT
Insider Purchases

$AMAT
Press Releases

$AMAT
Insider Trading