Nanometrics Incorporated (NASDAQ:NANO) VP Greg Swyt sold 948 shares of the stock in a transaction that occurred on Friday, November 23rd. The shares were sold at an average price of $30.87, for a total transaction of $29,264.76. Following the sale, the vice president now directly owns 9,884 shares in the company, valued at $305,119.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Greg Swyt also recently made the following trade(s):
- On Monday, November 26th, Greg Swyt sold 1,794 shares of Nanometrics stock. The shares were sold at an average price of $31.05, for a total transaction of $55,703.70.
NASDAQ NANO traded down $0.07 during trading hours on Monday, hitting $30.93. The company’s stock had a trading volume of 163,903 shares, compared to its average volume of 304,574. Nanometrics Incorporated has a twelve month low of $22.08 and a twelve month high of $48.26. The firm has a market capitalization of $750.68 million, a P/E ratio of 25.15, a P/E/G ratio of 1.15 and a beta of 1.79.
Nanometrics (NASDAQ:NANO) last announced its quarterly earnings data on Tuesday, October 30th. The semiconductor company reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.02. Nanometrics had a net margin of 17.32% and a return on equity of 21.49%. The business had revenue of $76.60 million for the quarter, compared to analyst estimates of $74.43 million. During the same period in the prior year, the business posted $0.22 earnings per share. Nanometrics’s revenue was up 35.1% compared to the same quarter last year. Equities research analysts anticipate that Nanometrics Incorporated will post 2.24 earnings per share for the current fiscal year.
Several equities analysts recently weighed in on the stock. DA Davidson lowered shares of Nanometrics from a “buy” rating to a “neutral” rating and set a $21.00 price objective on the stock. in a report on Thursday, August 16th. They noted that the move was a valuation call. ValuEngine upgraded shares of Nanometrics from a “sell” rating to a “hold” rating in a report on Friday, October 12th. Benchmark restated a “buy” rating and issued a $43.00 price objective on shares of Nanometrics in a report on Friday, October 5th. BidaskClub upgraded shares of Nanometrics from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 17th. Finally, Stifel Nicolaus upgraded shares of Nanometrics from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Wednesday, October 31st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $34.00.
A number of hedge funds and other institutional investors have recently made changes to their positions in NANO. BlackRock Inc. raised its holdings in Nanometrics by 1.9% in the third quarter. BlackRock Inc. now owns 3,643,624 shares of the semiconductor company’s stock worth $136,710,000 after purchasing an additional 68,512 shares during the period. Vanguard Group Inc. raised its holdings in Nanometrics by 14.5% in the third quarter. Vanguard Group Inc. now owns 1,722,179 shares of the semiconductor company’s stock worth $64,616,000 after purchasing an additional 218,259 shares during the period. Dimensional Fund Advisors LP raised its holdings in Nanometrics by 2.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,574,627 shares of the semiconductor company’s stock worth $59,078,000 after purchasing an additional 36,956 shares during the period. Renaissance Technologies LLC raised its holdings in Nanometrics by 2.1% in the second quarter. Renaissance Technologies LLC now owns 944,910 shares of the semiconductor company’s stock worth $33,459,000 after purchasing an additional 19,610 shares during the period. Finally, Millennium Management LLC raised its holdings in Nanometrics by 464.1% in the second quarter. Millennium Management LLC now owns 634,398 shares of the semiconductor company’s stock worth $22,464,000 after purchasing an additional 521,938 shares during the period. Institutional investors and hedge funds own 84.07% of the company’s stock.
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Nanometrics Company Profile
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.
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