Nanometrics Inc. (NASDAQ:NANO) EVP Stanislaw M. Borowicz sold 4,184 shares of Nanometrics stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $25.50, for a total value of $106,692.00. Following the completion of the sale, the executive vice president now directly owns 38,619 shares of the company’s stock, valued at $984,784.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of Nanometrics Inc. (NASDAQ:NANO) opened at 24.09 on Friday. Nanometrics Inc. has a 1-year low of $12.50 and a 1-year high of $25.69. The firm has a market capitalization of $600.23 million, a PE ratio of 37.94 and a beta of 1.45. The stock has a 50 day moving average price of $21.78 and a 200 day moving average price of $20.58.
Nanometrics (NASDAQ:NANO) last issued its quarterly earnings data on Thursday, October 27th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Nanometrics had a return on equity of 9.34% and a net margin of 7.61%. The company earned $58.71 million during the quarter, compared to analysts’ expectations of $57.53 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The business’s revenue was up 28.5% on a year-over-year basis. Equities research analysts anticipate that Nanometrics Inc. will post $1.02 earnings per share for the current fiscal year.
Several equities research analysts have recently commented on NANO shares. Zacks Investment Research cut Nanometrics from a “hold” rating to a “sell” rating in a research note on Tuesday, September 27th. Stifel Nicolaus cut Nanometrics from a “buy” rating to a “hold” rating and set a $25.00 target price for the company. in a research note on Tuesday. They noted that the move was a valuation call.
Several large investors have recently modified their holdings of NANO. Municipal Employees Retirement System of Michigan boosted its stake in shares of Nanometrics by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,410 shares of the company’s stock worth $121,000 after buying an additional 90 shares in the last quarter. Strs Ohio bought a new stake in shares of Nanometrics during the third quarter valued at about $147,000. BNP Paribas Arbitrage SA boosted its stake in shares of Nanometrics by 118.7% in the second quarter. BNP Paribas Arbitrage SA now owns 7,599 shares of the company’s stock valued at $158,000 after buying an additional 4,124 shares during the period. Cornerstone Capital Management Holdings LLC. bought a new stake in shares of Nanometrics during the third quarter valued at about $182,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Nanometrics during the third quarter valued at about $206,000. Institutional investors own 85.82% of the company’s stock.