Public Sector Pension investment Board reduced its holdings in shares of Nanometrics Incorporated (NASDAQ:NANO) by 26.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,034 shares of the semiconductor company’s stock after selling 4,700 shares during the quarter. Public Sector Pension investment Board owned approximately 0.05% of Nanometrics worth $330,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Citigroup Inc. grew its holdings in shares of Nanometrics by 21.7% during the second quarter. Citigroup Inc. now owns 27,322 shares of the semiconductor company’s stock worth $691,000 after buying an additional 4,865 shares in the last quarter. Ativo Capital Management LLC grew its holdings in shares of Nanometrics by 30.8% during the second quarter. Ativo Capital Management LLC now owns 34,007 shares of the semiconductor company’s stock worth $860,000 after buying an additional 8,007 shares in the last quarter. New York State Common Retirement Fund grew its holdings in shares of Nanometrics by 8.5% during the second quarter. New York State Common Retirement Fund now owns 32,201 shares of the semiconductor company’s stock worth $814,000 after buying an additional 2,534 shares in the last quarter. Thrivent Financial For Lutherans grew its holdings in shares of Nanometrics by 8.2% during the second quarter. Thrivent Financial For Lutherans now owns 15,350 shares of the semiconductor company’s stock worth $388,000 after buying an additional 1,160 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Nanometrics by 72.5% during the second quarter. Ameriprise Financial Inc. now owns 320,772 shares of the semiconductor company’s stock worth $8,112,000 after buying an additional 134,802 shares in the last quarter. Hedge funds and other institutional investors own 81.28% of the company’s stock.

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NANO has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of Nanometrics from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Stifel Nicolaus upgraded shares of Nanometrics from a “hold” rating to a “buy” rating and lifted their price target for the stock from $29.00 to $31.00 in a report on Friday, June 16th. They noted that the move was a valuation call. BidaskClub downgraded shares of Nanometrics from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, Benchmark Co. reiterated a “buy” rating and set a $34.00 price target on shares of Nanometrics in a report on Wednesday, August 2nd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $31.67.

In other Nanometrics news, General Counsel Janet Therese Taylor sold 2,505 shares of the business’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $25.65, for a total transaction of $64,253.25. Following the sale, the general counsel now owns 35,833 shares in the company, valued at approximately $919,116.45. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Timothy J. Stultz sold 20,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $25.19, for a total value of $503,800.00. Following the sale, the chief executive officer now owns 300,651 shares in the company, valued at approximately $7,573,398.69. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 69,738 shares of company stock worth $1,850,540. Corporate insiders own 6.70% of the company’s stock.

Shares of Nanometrics Incorporated (NANO) opened at 28.67 on Friday. The stock’s 50 day moving average is $27.05 and its 200-day moving average is $27.44. The stock has a market capitalization of $730.94 million, a P/E ratio of 15.25 and a beta of 1.80. Nanometrics Incorporated has a one year low of $19.42 and a one year high of $32.42.

Nanometrics (NASDAQ:NANO) last posted its quarterly earnings data on Tuesday, August 1st. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.01). The company had revenue of $64.43 million for the quarter, compared to analyst estimates of $66.37 million. Nanometrics had a return on equity of 11.95% and a net margin of 19.94%. Nanometrics’s quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.26 EPS. On average, equities research analysts expect that Nanometrics Incorporated will post $1.20 EPS for the current year.

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.

Institutional Ownership by Quarter for Nanometrics (NASDAQ:NANO)

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