Wilbanks Smith & Thomas Asset Management Cut By $454,508 Its Microsoft (MSFT) Stake; Applied Materials (AMAT) SI Increased By 17.74%

February 15, 2018 - By Henry Gaston

Wilbanks Smith & Thomas Asset Management Llc decreased Microsoft Corp (MSFT) stake by 4.35% reported in 2017Q3 SEC filing. Wilbanks Smith & Thomas Asset Management Llc sold 6,142 shares as Microsoft Corp (MSFT)’s stock rose 4.75%. The Wilbanks Smith & Thomas Asset Management Llc holds 135,067 shares with $10.06 million value, down from 141,209 last quarter. Microsoft Corp now has $711.58B valuation. The stock increased 1.77% or $1.605 during the last trading session, reaching $92.415. About 18.62 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 15, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Applied Materials Incorporated (NASDAQ:AMAT) had an increase of 17.74% in short interest. AMAT’s SI was 12.89 million shares in February as released by FINRA. Its up 17.74% from 10.95M shares previously. With 13.64M avg volume, 1 days are for Applied Materials Incorporated (NASDAQ:AMAT)’s short sellers to cover AMAT’s short positions. The stock increased 3.09% or $1.605 during the last trading session, reaching $53.565. About 20.84M shares traded or 57.15% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since February 15, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Wilbanks Smith & Thomas Asset Management Llc increased Vanguard Midcap Value Etf (VOE) stake by 3,600 shares to 6,650 valued at $703,000 in 2017Q3. It also upped Ishares S&P Glbl Financial (IXG) stake by 10,230 shares and now owns 107,262 shares. Vanguard S&P 500 Etf (VOO) was raised too.

Since August 29, 2017, it had 0 buys, and 2 sales for $5.98 million activity. COURTOIS JEAN PHILIPPE sold 26,763 shares worth $1.98M. Another trade for 55,000 shares valued at $4.00M was made by Hood Amy on Tuesday, August 29.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It improved, as 40 investors sold MSFT shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported. Kj Harrison reported 77,231 shares. New York State Teachers Retirement Sys stated it has 2.46% in Microsoft Corporation (NASDAQ:MSFT). Daiwa Securities Inc, Japan-based fund reported 465,808 shares. Lpl Financial Lc reported 1.48 million shares stake. Kessler Gp Limited Com has 5.01% invested in Microsoft Corporation (NASDAQ:MSFT). Piedmont Ltd Liability Company reported 2.99% in Microsoft Corporation (NASDAQ:MSFT). First Business Fincl Inc stated it has 0.1% in Microsoft Corporation (NASDAQ:MSFT). Kings Point Cap stated it has 1.94% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Kentucky Retirement Insurance Trust Fund holds 2.69% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 204,148 shares. Regions Corp has invested 1.21% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Ironwood Financial owns 631 shares. Boston Private Wealth Ltd owns 1.01M shares for 2.88% of their portfolio. Van Hulzen Asset Mngmt Limited Liability stated it has 0.3% in Microsoft Corporation (NASDAQ:MSFT). Deroy Devereaux Private Counsel reported 0.05% in Microsoft Corporation (NASDAQ:MSFT). Check Cap Inc Ca owns 19,340 shares.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 167 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Neutral” rating by Citigroup on Friday, January 27. The rating was maintained by JP Morgan on Thursday, January 25 with “Neutral”. The firm earned “Outperform” rating on Monday, July 17 by Credit Suisse. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Tuesday, December 12 by Bernstein. The rating was maintained by UBS on Friday, January 19 with “Buy”. Jefferies maintained it with “Sell” rating and $4500 target in Tuesday, June 13 report. The company was maintained on Friday, January 29 by UBS. The rating was upgraded by Bank of America on Thursday, October 1 to “Neutral”. Stifel Nicolaus maintained the shares of MSFT in report on Monday, August 21 with “Buy” rating. The company was maintained on Sunday, July 16 by KeyBanc Capital Markets.

Since August 23, 2017, it had 0 buys, and 5 selling transactions for $12.03 million activity. Another trade for 30,000 shares valued at $1.54M was made by Larkins Thomas F on Thursday, October 5. Shares for $1.00 million were sold by Karsner Alexander on Wednesday, August 23. Nalamasu Omkaram sold 53,466 shares worth $2.83M. 125,125 shares were sold by Salehpour Ali, worth $6.44 million on Friday, December 29. On Wednesday, January 3 Forrest Stephen R sold $214,680 worth of Applied Materials, Inc. (NASDAQ:AMAT) or 4,000 shares.

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.24, from 0.82 in 2017Q2. It increased, as 40 investors sold Applied Materials, Inc. shares while 325 reduced holdings. 123 funds opened positions while 263 raised stakes. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported. Hbk Invs L P stated it has 234,329 shares or 0.1% of all its holdings. Supplemental Annuity Collective Trust Of Nj holds 10,000 shares. The Michigan-based Comerica Bancshares has invested 0.15% in Applied Materials, Inc. (NASDAQ:AMAT). Valicenti Advisory Svcs Inc owns 5,000 shares. Korea Inv reported 2.54 million shares stake. South Dakota Council, South Dakota-based fund reported 87,000 shares. Hall Laurie J Trustee invested in 2.06% or 63,427 shares. British Columbia – Canada-based Connor Clark Lunn Invest Limited has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Old Mutual Invsts (Uk) accumulated 2.39% or 4.39 million shares. Monroe National Bank & Trust & Tru Mi holds 0% or 379 shares in its portfolio. Cibc Ww Markets reported 0.24% in Applied Materials, Inc. (NASDAQ:AMAT). Bnp Paribas Arbitrage holds 0.08% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 592,541 shares. Zweig reported 0.05% stake. 282,830 were accumulated by Nomura Asset Com. Webster Commercial Bank N A reported 533 shares or 0% of all its holdings.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. The company has market cap of $56.34 billion. It operates through three divisions: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. It has a 20.17 P/E ratio. The Semiconductor Systems segment develops, makes, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 28 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Applied Materials Inc. had 113 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 19 by Credit Agricole. Goldman Sachs maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Thursday, June 2. Goldman Sachs has “Buy” rating and $27 target. The firm earned “Sector Perform” rating on Friday, May 20 by RBC Capital Markets. The firm earned “Negative” rating on Tuesday, April 19 by Susquehanna. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Sell” rating given on Thursday, August 13 by Zacks. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by Stifel Nicolaus on Tuesday, January 30. On Thursday, August 11 the stock rating was maintained by B. Riley & Co with “Buy”. B. Riley & Co maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Monday, November 9. B. Riley & Co has “Neutral” rating and $18 target. The stock has “Buy” rating by Citigroup on Wednesday, May 25. The rating was maintained by FBR Capital with “Buy” on Tuesday, January 16.

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