Applied Materials President Prabu Raja sells 50,000 shares for $25.3M in 4 transactions at $504.66–$507.06 on 2026-06-04
Prabu G. Raja, President of the Semiconductors Products Group at Applied Materials, executed four separate sales totaling 50,000 shares for $25,264,196.75 on 2026-06-04, reducing his holdings from 406.6K to 356.6K shares. The blended average price of $505.28 is near the stock's 52-week high of $510.75, and significantly above the current price of $453.01, suggesting this disposal occurred at peak valuation. Raja's prior cross-ticker selling history shows a 100% well-timed rate at the 90-day mark, and his single prior sale at AMAT (2024-06-18) also registered negative 90-day returns, establishing a pattern where his exits have preceded subsequent price declines. This disposition occurs within a fundamental context of 42.26 P/E and $7.9B quarterly revenue, metrics that frame the timing within the company's valuation cycle.