Nanometrics Inc. (NANO) VP Stanislaw M. Borowicz Sells 1,630 Shares of Stock
Nanometrics Inc. (NASDAQ:NANO) VP Stanislaw M. Borowicz sold 1,630 shares of the company’s stock in a transaction that occurred on Thursday, September 22nd. The shares were sold at an average price of $21.98, for a total value of $35,827.40. Following the completion of the sale, the vice president now owns 44,433 shares in the company, valued at approximately $976,637.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Stanislaw M. Borowicz also recently made the following trade(s):
- On Friday, July 1st, Stanislaw M. Borowicz sold 1,195 shares of Nanometrics stock. The shares were sold at an average price of $20.52, for a total value of $24,521.40.
Shares of Nanometrics Inc. (NASDAQ:NANO) opened at 22.01 on Wednesday. Nanometrics Inc. has a 52-week low of $11.91 and a 52-week high of $22.73. The firm has a 50-day moving average price of $20.87 and a 200 day moving average price of $18.78. The stock has a market cap of $545.67 million, a price-to-earnings ratio of 64.17 and a beta of 1.45.
Nanometrics (NASDAQ:NANO) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by $0.01. The company earned $55.80 million during the quarter, compared to analyst estimates of $55.30 million. Nanometrics had a net margin of 4.44% and a return on equity of 6.06%. Nanometrics’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.08 EPS. Analysts expect that Nanometrics Inc. will post $0.99 earnings per share for the current year.
NANO has been the topic of a number of recent research reports. Stifel Nicolaus upped their target price on Nanometrics from $21.00 to $25.00 and gave the company a “buy” rating in a research report on Monday, June 27th. Zacks Investment Research lowered Nanometrics from a “hold” rating to a “sell” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Nanometrics currently has an average rating of “Hold” and a consensus target price of $20.80.
Large investors have recently bought and sold shares of the stock. Prudential Financial Inc. raised its stake in Nanometrics by 3.6% in the first quarter. Prudential Financial Inc. now owns 57,581 shares of the company’s stock worth $912,000 after buying an additional 2,000 shares in the last quarter. Royce & Associates LP raised its stake in Nanometrics by 6.2% in the first quarter. Royce & Associates LP now owns 2,807,174 shares of the company’s stock worth $44,466,000 after buying an additional 162,908 shares in the last quarter. Value Holdings LP raised its stake in Nanometrics by 190.2% in the first quarter. Value Holdings LP now owns 34,825 shares of the company’s stock worth $552,000 after buying an additional 22,825 shares in the last quarter. Springbank Value Partners LP raised its stake in Nanometrics by 141.9% in the first quarter. Springbank Value Partners LP now owns 14,516 shares of the company’s stock worth $230,000 after buying an additional 8,516 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Nanometrics by 8.1% in the first quarter. Geode Capital Management LLC now owns 165,494 shares of the company’s stock worth $2,621,000 after buying an additional 12,399 shares in the last quarter. 82.25% of the stock is currently owned by institutional investors.
Nanometrics Incorporated (Nanometrics) provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness light emitting diodes (HB-LEDs), discrete components and data storage devices. The Company operates in the segment of sale, design, manufacture, marketing and support of thin film and optical critical dimension systems.
Receive News & Stock Ratings for Nanometrics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nanometrics Inc. and related stocks with our FREE daily email newsletter.