Condor Capital Management held its position in Nanometrics Incorporated (NASDAQ:NANO) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,323 shares of the semiconductor company’s stock at the end of the first quarter. Condor Capital Management’s holdings in Nanometrics were worth $284,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the company. Thompson Davis & CO. Inc. bought a new position in Nanometrics during the first quarter worth $118,000. Municipal Employees Retirement System of Michigan boosted its position in Nanometrics by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,410 shares of the semiconductor company’s stock worth $121,000 after buying an additional 90 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in Nanometrics by 15.0% in the first quarter. BNP Paribas Arbitrage SA now owns 4,812 shares of the semiconductor company’s stock worth $147,000 after buying an additional 626 shares in the last quarter. LS Investment Advisors LLC boosted its position in Nanometrics by 643.3% in the first quarter. LS Investment Advisors LLC now owns 5,783 shares of the semiconductor company’s stock worth $176,000 after buying an additional 5,005 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in Nanometrics during the fourth quarter worth $227,000. Institutional investors own 83.10% of the company’s stock.
Nanometrics Incorporated (NASDAQ:NANO) remained flat at $27.15 during trading on Friday. The company’s stock had a trading volume of 132,881 shares. The company has a market cap of $685.56 million, a price-to-earnings ratio of 15.02 and a beta of 1.48. Nanometrics Incorporated has a 52 week low of $17.82 and a 52 week high of $32.42. The stock has a 50 day moving average price of $29.18 and a 200-day moving average price of $26.61.
Nanometrics (NASDAQ:NANO) last issued its earnings results on Tuesday, May 2nd. The semiconductor company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.24 by $0.05. The company had revenue of $59.31 million for the quarter, compared to analysts’ expectations of $59.15 million. Nanometrics had a return on equity of 12.62% and a net margin of 19.91%. Equities analysts forecast that Nanometrics Incorporated will post $1.23 earnings per share for the current year.
A number of equities analysts have weighed in on NANO shares. Benchmark Co. restated a “buy” rating and set a $34.00 price objective (up from $30.00) on shares of Nanometrics in a research report on Wednesday, May 3rd. Zacks Investment Research upgraded shares of Nanometrics from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Friday, May 5th. Finally, Stifel Nicolaus reduced their price objective on shares of Nanometrics from $29.00 to $25.00 and set a “hold” rating for the company in a research report on Wednesday, May 3rd.
In other Nanometrics news, VP Kevin Heidrich sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $28.00, for a total transaction of $140,000.00. Following the sale, the vice president now directly owns 47,789 shares in the company, valued at approximately $1,338,092. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Rollin Kocher sold 4,482 shares of the business’s stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $27.97, for a total transaction of $125,361.54. Following the sale, the senior vice president now owns 34,029 shares in the company, valued at $951,791.13. The disclosure for this sale can be found here. Insiders have sold a total of 53,253 shares of company stock worth $1,501,557 over the last 90 days. Insiders own 5.80% of the company’s stock.
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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