Nanometrics Inc. (NASDAQ:NANO) EVP Stanislaw M. Borowicz sold 4,184 shares of the stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $25.50, for a total value of $106,692.00. Following the transaction, the executive vice president now directly owns 38,619 shares of the company’s stock, valued at $984,784.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Nanometrics Inc. (NASDAQ:NANO) remained flat at $24.09 during trading on Thursday. The company’s stock had a trading volume of 265,352 shares. The firm has a market capitalization of $600.23 million, a P/E ratio of 37.94 and a beta of 1.45. The firm has a 50-day moving average price of $21.78 and a 200-day moving average price of $20.58. Nanometrics Inc. has a 1-year low of $12.50 and a 1-year high of $25.69.

Nanometrics (NASDAQ:NANO) last released its earnings results on Thursday, October 27th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.05. Nanometrics had a net margin of 7.61% and a return on equity of 9.34%. The firm earned $58.71 million during the quarter, compared to analyst estimates of $57.53 million. During the same period last year, the business earned $0.05 earnings per share. The business’s revenue was up 28.5% on a year-over-year basis. On average, equities analysts expect that Nanometrics Inc. will post $1.02 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Nanometrics (NASDAQ:NANO)

Institutional investors have recently made changes to their positions in the company. Tanaka Capital Management Inc. raised its position in shares of Nanometrics by 2.5% in the second quarter. Tanaka Capital Management Inc. now owns 28,727 shares of the company’s stock worth $597,000 after buying an additional 705 shares during the last quarter. Prudential Financial Inc. raised its position in shares of 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 during the last quarter. Principal Financial Group Inc. raised its position in shares of Nanometrics by 3.2% in the second quarter. Principal Financial Group Inc. now owns 171,692 shares of the company’s stock worth $3,569,000 after buying an additional 5,287 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Nanometrics by 9.8% in the second quarter. State Board of Administration of Florida Retirement System now owns 29,425 shares of the company’s stock worth $612,000 after buying an additional 2,628 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Nanometrics by 66.1% in the second quarter. Ameriprise Financial Inc. now owns 189,449 shares of the company’s stock worth $3,939,000 after buying an additional 75,399 shares during the last quarter. Institutional investors own 85.82% of the company’s stock.

NANO has been the subject of several research reports. Stifel Nicolaus lowered Nanometrics from a “buy” rating to a “hold” rating and set a $25.00 price objective for the company. in a report on Tuesday. They noted that the move was a valuation call. Zacks Investment Research lowered Nanometrics from a “hold” rating to a “sell” rating in a report on Tuesday, September 27th.

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About Nanometrics

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.

5 Day Chart for NASDAQ:NANO

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