AMAT Manfred Kerschbaum sells $694K worth of shares
Jan 04, 2026, 5:40 AM
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What does AMAT do
Applied Materials, headquartered in Santa Clara, California, employs 34,000 staff and provides equipment and services for semiconductor and display industries across three segments: Semiconductor Systems, AGS, and Display. The company manufactures equipment for semiconductor chips and display technologies, including LCDs and OLEDs.
Manfred Kerschbaum sold 47,889 shares of AMAT on 8 January at $14.50 per share, worth a total of $694K. They now own 137,500 AMAT shares, or a 26% holding decrease.
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