Nanometrics Incorporated (NASDAQ:NANO) General Counsel Janet Therese Taylor sold 1,654 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $24.54, for a total value of $40,589.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Nanometrics Incorporated (NASDAQ:NANO) traded up $0.52 on Monday, hitting $26.02. The stock had a trading volume of 274,824 shares, compared to its average volume of 195,252. The firm has a market cap of $665.97, a P/E ratio of 22.24, a P/E/G ratio of 1.28 and a beta of 1.65. Nanometrics Incorporated has a fifty-two week low of $22.08 and a fifty-two week high of $32.42.

Nanometrics (NASDAQ:NANO) last announced its earnings results on Tuesday, February 6th. The semiconductor company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.47 by $0.06. The business had revenue of $78.20 million for the quarter, compared to the consensus estimate of $76.95 million. Nanometrics had a return on equity of 12.05% and a net margin of 11.68%. Nanometrics’s revenue was up 32.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.33 EPS. equities analysts predict that Nanometrics Incorporated will post 1.66 EPS for the current fiscal year.

Nanometrics declared that its Board of Directors has approved a stock repurchase program on Wednesday, November 15th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

NANO has been the topic of several analyst reports. BidaskClub lowered Nanometrics from a “hold” rating to a “sell” rating in a research note on Wednesday, December 6th. Zacks Investment Research upgraded Nanometrics from a “sell” rating to a “hold” rating in a research note on Wednesday, December 13th. Finally, Benchmark reiterated a “buy” rating and issued a $33.00 price objective (down from $34.00) on shares of Nanometrics in a research note on Wednesday, February 7th.

Several institutional investors and hedge funds have recently made changes to their positions in NANO. SG Americas Securities LLC acquired a new position in shares of Nanometrics in the 3rd quarter worth approximately $158,000. Teacher Retirement System of Texas acquired a new position in shares of Nanometrics in the 4th quarter worth approximately $209,000. LS Investment Advisors LLC boosted its holdings in shares of Nanometrics by 36.9% in the 3rd quarter. LS Investment Advisors LLC now owns 7,824 shares of the semiconductor company’s stock worth $225,000 after acquiring an additional 2,109 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its holdings in shares of Nanometrics by 39.5% in the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 9,765 shares of the semiconductor company’s stock worth $247,000 after acquiring an additional 2,765 shares in the last quarter. Finally, Virtu KCG Holdings LLC acquired a new position in shares of Nanometrics in the 2nd quarter worth approximately $296,000. 83.00% of the stock is currently owned by institutional investors and hedge funds.

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About Nanometrics

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.

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

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