Nanometrics Incorporated (NANO) CEO Sells $367,324.38 in Stock
Nanometrics Incorporated (NASDAQ:NANO) CEO Timothy J. Stultz sold 14,166 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $25.93, for a total transaction of $367,324.38. Following the sale, the chief executive officer now directly owns 294,817 shares of the company’s stock, valued at $7,644,604.81. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Nanometrics Incorporated (NASDAQ:NANO) traded down $0.04 on Tuesday, reaching $26.45. 90,900 shares of the company were exchanged, compared to its average volume of 203,718. The firm has a market cap of $678.00, a price-to-earnings ratio of 25.47, a price-to-earnings-growth ratio of 1.90 and a beta of 1.81. Nanometrics Incorporated has a 1-year low of $22.23 and a 1-year high of $32.42.
Nanometrics (NASDAQ:NANO) last posted its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.22 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.01. Nanometrics had a net margin of 19.23% and a return on equity of 10.26%. The firm had revenue of $56.70 million for the quarter, compared to the consensus estimate of $56.53 million. During the same period in the prior year, the firm posted $0.33 EPS. The firm’s revenue was down 3.4% compared to the same quarter last year. sell-side analysts anticipate that Nanometrics Incorporated will post 1.16 earnings per share for the current year.
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Hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. boosted its stake in Nanometrics by 3.7% during the 2nd quarter. American Century Companies Inc. now owns 164,416 shares of the semiconductor company’s stock valued at $4,158,000 after acquiring an additional 5,832 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Nanometrics by 13.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,213,933 shares of the semiconductor company’s stock valued at $36,976,000 after acquiring an additional 142,005 shares during the last quarter. Summit Global Investments bought a new position in Nanometrics during the 2nd quarter valued at $531,000. State of Wisconsin Investment Board boosted its stake in Nanometrics by 2.2% during the 2nd quarter. State of Wisconsin Investment Board now owns 230,000 shares of the semiconductor company’s stock valued at $5,817,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Nanometrics by 9.5% during the 2nd quarter. Renaissance Technologies LLC now owns 1,011,500 shares of the semiconductor company’s stock valued at $25,581,000 after acquiring an additional 87,900 shares during the last quarter. Hedge funds and other institutional investors own 80.99% of the company’s stock.
A number of research firms recently weighed in on NANO. Zacks Investment Research raised shares of Nanometrics from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. Benchmark Co. reaffirmed a “buy” rating and set a $34.00 price target on shares of Nanometrics in a report on Friday, October 13th. Finally, BidaskClub lowered shares of Nanometrics from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $31.67.
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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