Insider Selling: MKS Instruments, Inc. (NASDAQ:MKSI) VP Sells 3,639 Shares of Stock

MKS Instruments, Inc. (NASDAQ:MKSI) VP Dennis L. Werth sold 3,639 shares of MKS Instruments stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $96.88, for a total value of $352,546.32. Following the transaction, the vice president now directly owns 4,199 shares in the company, valued at approximately $406,799.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

MKS Instruments, Inc. (NASDAQ MKSI) traded up $0.50 during midday trading on Thursday, reaching $96.00. The company had a trading volume of 377,056 shares, compared to its average volume of 509,432. The stock has a market capitalization of $5,210.00, a P/E ratio of 17.17, a PEG ratio of 1.00 and a beta of 1.04. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.23 and a quick ratio of 3.10. MKS Instruments, Inc. has a 1 year low of $60.40 and a 1 year high of $110.60.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.46 by $0.10. MKS Instruments had a return on equity of 21.21% and a net margin of 16.97%. The company had revenue of $486.27 million during the quarter, compared to analyst estimates of $476.24 million. During the same period in the prior year, the firm posted $0.88 earnings per share. The firm’s revenue was up 27.7% on a year-over-year basis. sell-side analysts predict that MKS Instruments, Inc. will post 5.89 EPS for the current fiscal year.

Several hedge funds have recently bought and sold shares of MKSI. Allianz Asset Management GmbH increased its position in MKS Instruments by 121.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 869,399 shares of the scientific and technical instruments company’s stock valued at $82,115,000 after acquiring an additional 476,810 shares during the period. Renaissance Technologies LLC acquired a new stake in MKS Instruments in the 2nd quarter valued at approximately $31,823,000. Vaughan Nelson Investment Management L.P. acquired a new stake in MKS Instruments in the 3rd quarter valued at approximately $41,700,000. Koch Industries Inc. acquired a new stake in MKS Instruments in the 2nd quarter valued at approximately $358,000. Finally, Lazard Asset Management LLC acquired a new stake in MKS Instruments in the 2nd quarter valued at approximately $17,771,000. Institutional investors and hedge funds own 95.42% of the company’s stock.

A number of research analysts recently weighed in on MKSI shares. BidaskClub lowered MKS Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 2nd. Dougherty & Co upped their price objective on MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Stifel Nicolaus reiterated a “buy” rating on shares of MKS Instruments in a research report on Sunday, October 1st. Deutsche Bank boosted their target price on MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Finally, KeyCorp reiterated an “outperform” rating and set a $100.00 target price on shares of MKS Instruments in a research report on Saturday, September 16th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $109.75.

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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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