OxFORD Asset Management LLP boosted its stake in shares of Nanometrics Incorporated (NASDAQ:NANO) by 26.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,719 shares of the semiconductor company’s stock after purchasing an additional 29,996 shares during the quarter. OxFORD Asset Management LLP owned about 0.57% of Nanometrics worth $3,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Pacad Investment Ltd. bought a new stake in Nanometrics during the second quarter valued at about $106,000. BNP Paribas Arbitrage SA boosted its position in Nanometrics by 15.0% during the first quarter. BNP Paribas Arbitrage SA now owns 4,812 shares of the semiconductor company’s stock valued at $147,000 after purchasing an additional 626 shares in the last quarter. State of Alaska Department of Revenue boosted its position in Nanometrics by 79.4% during the second quarter. State of Alaska Department of Revenue now owns 4,988 shares of the semiconductor company’s stock valued at $126,000 after purchasing an additional 2,208 shares in the last quarter. Mason Street Advisors LLC boosted its position in Nanometrics by 8.0% during the first quarter. Mason Street Advisors LLC now owns 5,883 shares of the semiconductor company’s stock valued at $179,000 after purchasing an additional 438 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its position in Nanometrics by 29.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 7,000 shares of the semiconductor company’s stock valued at $213,000 after purchasing an additional 1,600 shares in the last quarter. 81.28% of the stock is currently owned by institutional investors.

Shares of Nanometrics Incorporated (NASDAQ:NANO) opened at 28.80 on Friday. Nanometrics Incorporated has a one year low of $18.65 and a one year high of $32.42. The firm has a 50-day moving average price of $25.76 and a 200 day moving average price of $27.50. The firm has a market cap of $734.26 million, a P/E ratio of 15.32 and a beta of 1.74.

Nanometrics (NASDAQ:NANO) last issued its quarterly earnings results on Tuesday, August 1st. The semiconductor company reported $0.30 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.01). Nanometrics had a return on equity of 11.95% and a net margin of 19.94%. The company had revenue of $64.43 million for the quarter, compared to analysts’ expectations of $66.37 million. During the same quarter last year, the company earned $0.26 EPS. Nanometrics’s revenue for the quarter was up 15.5% compared to the same quarter last year. On average, analysts forecast that Nanometrics Incorporated will post $1.20 earnings per share for the current fiscal year.

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A number of equities research analysts recently weighed in on NANO shares. Stifel Nicolaus raised Nanometrics from a “hold” rating to a “buy” rating and raised their price objective for the company from $29.00 to $31.00 in a research report on Friday, June 16th. They noted that the move was a valuation call. BidaskClub downgraded Nanometrics from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. Benchmark Co. reaffirmed a “buy” rating and set a $34.00 price objective on shares of Nanometrics in a research report on Wednesday, August 2nd. Finally, Zacks Investment Research downgraded Nanometrics from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $31.50.

In other news, CEO Timothy J. Stultz sold 20,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $25.19, for a total transaction of $503,800.00. Following the completion of the transaction, the chief executive officer now directly owns 300,651 shares of the company’s stock, valued at approximately $7,573,398.69. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Janet Therese Taylor sold 2,505 shares of the company’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $25.65, for a total value of $64,253.25. Following the transaction, the general counsel now directly owns 35,833 shares of the company’s stock, valued at $919,116.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 71,778 shares of company stock worth $1,865,050. 6.70% of the stock is owned by company insiders.

Nanometrics Profile

Nanometrics Incorporated is a provider of process control metrology and inspection systems used primarily in the fabrication of semiconductors and other solid-state devices, including sensors, optoelectronic devices, high-brightness (HB) light emitting diodes (LEDs), discretes and data storages components.

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Institutional Ownership by Quarter for Nanometrics (NASDAQ:NANO)

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