MKS Instruments, Inc. (NASDAQ:MKSI) Director Sells $53,062.00 in Stock

MKS Instruments, Inc. (NASDAQ:MKSI) Director Peter Hanley sold 430 shares of the business’s stock in a transaction dated Wednesday, March 14th. The stock was sold at an average price of $123.40, for a total value of $53,062.00. Following the completion of the transaction, the director now directly owns 1,992 shares of the company’s stock, valued at approximately $245,812.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Peter Hanley also recently made the following trade(s):

  • On Tuesday, February 20th, Peter Hanley sold 350 shares of MKS Instruments stock. The stock was sold at an average price of $115.10, for a total value of $40,285.00.
  • On Wednesday, February 14th, Peter Hanley sold 100 shares of MKS Instruments stock. The stock was sold at an average price of $107.06, for a total value of $10,706.00.

MKS Instruments stock opened at $110.40 on Friday. The stock has a market cap of $6,119.09, a price-to-earnings ratio of 18.52, a PEG ratio of 1.07 and a beta of 0.92. MKS Instruments, Inc. has a 52-week low of $64.75 and a 52-week high of $128.28. The company has a quick ratio of 3.10, a current ratio of 4.27 and a debt-to-equity ratio of 0.25.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.63 by $0.08. The business had revenue of $512.00 million during the quarter, compared to the consensus estimate of $500.22 million. MKS Instruments had a return on equity of 22.51% and a net margin of 17.70%. The business’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 EPS. sell-side analysts expect that MKS Instruments, Inc. will post 7.89 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Monday, February 26th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.65%. MKS Instruments’s dividend payout ratio is currently 12.08%.

A number of brokerages have weighed in on MKSI. Zacks Investment Research raised MKS Instruments from a “hold” rating to a “buy” rating and set a $127.00 target price for the company in a research report on Friday. BidaskClub lowered MKS Instruments from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Deutsche Bank boosted their target price on MKS Instruments to $140.00 and gave the stock a “buy” rating in a research report on Thursday, March 22nd. ValuEngine raised MKS Instruments from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Dougherty & Co reissued a “buy” rating on shares of MKS Instruments in a research report on Sunday, February 4th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $123.00.

Institutional investors have recently added to or reduced their stakes in the business. Aperio Group LLC grew its stake in shares of MKS Instruments by 2.9% during the 3rd quarter. Aperio Group LLC now owns 17,130 shares of the scientific and technical instruments company’s stock valued at $1,618,000 after acquiring an additional 489 shares during the period. FDx Advisors Inc. grew its stake in shares of MKS Instruments by 8.7% during the 4th quarter. FDx Advisors Inc. now owns 7,380 shares of the scientific and technical instruments company’s stock valued at $697,000 after acquiring an additional 592 shares during the period. CAPROCK Group Inc. grew its stake in shares of MKS Instruments by 26.8% during the 4th quarter. CAPROCK Group Inc. now owns 2,862 shares of the scientific and technical instruments company’s stock valued at $275,000 after acquiring an additional 605 shares during the period. Sit Investment Associates Inc. grew its stake in shares of MKS Instruments by 1.8% during the 4th quarter. Sit Investment Associates Inc. now owns 39,300 shares of the scientific and technical instruments company’s stock valued at $3,714,000 after acquiring an additional 700 shares during the period. Finally, Jefferies Group LLC grew its stake in shares of MKS Instruments by 21.4% during the 4th quarter. Jefferies Group LLC now owns 4,005 shares of the scientific and technical instruments company’s stock valued at $378,000 after acquiring an additional 707 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

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MKS Instruments Company Profile

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

Insider Buying and Selling by Quarter for MKS Instruments (NASDAQ:MKSI)

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