Nanometrics Incorporated (NASDAQ:NANO) General Counsel Janet Therese Taylor sold 2,305 shares of the stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $44.78, for a total transaction of $103,217.90. Following the transaction, the general counsel now owns 33,056 shares in the company, valued at approximately $1,480,247.68. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Janet Therese Taylor also recently made the following trade(s):

  • On Tuesday, August 7th, Janet Therese Taylor sold 747 shares of Nanometrics stock. The stock was sold at an average price of $41.93, for a total transaction of $31,321.71.

Shares of Nanometrics stock opened at $43.99 on Friday. Nanometrics Incorporated has a 1-year low of $22.08 and a 1-year high of $48.26. The company has a market cap of $1.08 billion, a PE ratio of 35.76, a PEG ratio of 1.62 and a beta of 1.79.

Nanometrics (NASDAQ:NANO) last issued its quarterly earnings results on Tuesday, July 31st. The semiconductor company reported $0.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.05. The company had revenue of $88.60 million during the quarter, compared to the consensus estimate of $86.53 million. Nanometrics had a net margin of 16.55% and a return on equity of 19.74%. The firm’s quarterly revenue was up 37.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 EPS. research analysts forecast that Nanometrics Incorporated will post 2.3 earnings per share for the current year.

A number of analysts have recently weighed in on the stock. BidaskClub downgraded shares of Nanometrics from a “buy” rating to a “hold” rating in a report on Friday, June 8th. Stifel Nicolaus downgraded shares of Nanometrics from a “buy” rating to a “hold” rating and upped their price target for the stock from $35.00 to $40.00 in a report on Monday, May 28th. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Nanometrics from a “buy” rating to a “hold” rating in a report on Thursday, July 5th. ValuEngine raised shares of Nanometrics from a “buy” rating to a “strong-buy” rating in a report on Friday, June 1st. Finally, Benchmark upped their price target on shares of Nanometrics to $43.00 and gave the stock a “buy” rating in a report on Wednesday, August 1st. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $35.50.

A number of large investors have recently modified their holdings of the stock. BlackRock Inc. lifted its stake in Nanometrics by 13.8% in the 2nd quarter. BlackRock Inc. now owns 3,575,112 shares of the semiconductor company’s stock valued at $126,595,000 after purchasing an additional 432,200 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Nanometrics by 0.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,537,671 shares of the semiconductor company’s stock valued at $54,450,000 after acquiring an additional 14,027 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Nanometrics by 2.1% during the second quarter. Renaissance Technologies LLC now owns 944,910 shares of the semiconductor company’s stock valued at $33,459,000 after acquiring an additional 19,610 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Nanometrics by 3.4% during the first quarter. Franklin Resources Inc. now owns 923,437 shares of the semiconductor company’s stock valued at $24,840,000 after acquiring an additional 30,327 shares during the last quarter. Finally, Millennium Management LLC raised its stake in shares of Nanometrics by 464.1% during the second quarter. Millennium Management LLC now owns 634,398 shares of the semiconductor company’s stock valued at $22,464,000 after acquiring an additional 521,938 shares during the last quarter. 85.15% of the stock is owned by institutional investors and hedge funds.

About Nanometrics

Nanometrics Incorporated provides process control metrology and inspection systems for use primarily in the fabrication of semiconductors and other solid-state devices worldwide. It offers automated metrology systems that provide optical critical dimension, thin film metrology, and wafer stress for transistor and interconnect metrology applications; and integrated metrology systems that are installed onto wafer processing equipment to provide near real-time measurements.

Further Reading: Find a Trading Strategy That Works

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

Receive News & Ratings for Nanometrics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nanometrics and related companies with MarketBeat.com's FREE daily email newsletter.