We recently published a list of 19 Mid- And Large-Cap Stocks Insiders Are Buying After Trump’s Tariff Rollout. In this article, we are going to take a look at where Applied Materials, Inc. (NASDAQ:AMAT) stands against other mid- and large-cap stocks insiders are buying after Trump’s tariff rollout.

On April 2, 2025, President Donald Trump declared “Liberation Day” and signed Executive Order 14257, imposing a baseline 10% tariff on nearly all U.S. imports, effective April 5. Higher tariffs—ranging from 11% to 50%—were scheduled for 57 countries and territories, including the European Union, China, and Japan. These increased rates were set to begin April 9 but were postponed for 90 days, with the exception of China, which continued to face elevated tariffs.

In April, some insiders took advantage of the dip to buy shares, while others chose to sell. Analyzing insider trading can provide valuable insights: purchases often signal confidence in the company’s future, while sales may reflect personal or diversification choices. Therefore, insider trading should be evaluated in the context of the company’s financial health and overall market conditions.

Our Methodology

Today, we’re focusing on stocks that insiders are buying in April. Using Insider Monkey’s insider trading screener, we identified 19 mid- and large-cap companies where at least one insider bought shares between April 2 and April 14. From this list, we ranked the top 19 stocks based on the highest value of insider purchases during this period.

Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

A technician in a clean room assembling a semiconductor chip using a microscope.

Applied Materials, Inc. (NASDAQ:AMAT)

Market Cap: $117.42 billion

Applied Materials, Inc. (NASDAQ:AMAT), founded in 1967 and headquartered in Santa Clara, California, provides equipment, software, and services for the semiconductor and display industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display, supporting chip fabrication, equipment optimization, and advanced display technologies. The company serves customers globally, including in the U.S., China, Korea, Taiwan, and Europe. Applied Materials is also one of the 30 best AI stocks to buy according to billionaires.

In March, Applied Materials (NASDAQ:AMAT) announced a 15% increase in its quarterly dividend to $0.46 per share, payable on June 12, 2025, continuing its eight-year streak of dividend growth. The company also authorized a new $10 billion share repurchase program, adding to the $7.6 billion still available from its previous buyback plan.

On April 3, the company’s president and CEO E Gary Dickerson acquired shares first time in nearly a decade, when he bought $6.87 million worth of Applied Materials shares at a price of $137.50. The stock price was declining even before April’s tariffs, as it had lost 29.73% over the past 12 months. Currently, it trades at $144.53, having gained 171.67% over the last five years.

In the first quarter of fiscal 2025, Applied Materials (NASDAQ:AMAT) generated $7.17 billion in revenue, up from $6.71 billion in the same quarter a year earlier. Gross margin improved to 48.8%, compared to 47.8% in the prior-year period. However, net income declined to $1.19 billion from $2.02 billion in Q1 of fiscal 2024.

According to 21 analysts’ estimates, Applied Materials stocks is a “Buy” with a price target of $213.14, reports StockAnalysis. The average price targets suggest an increase of 47.47% from the latest price.

Overall, AMAT ranks 6th on our list of mid- and large-cap stocks insiders are buying after Trump’s tariff rollout. While we acknowledge the potential of AMAT, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AMAT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.