Peter Hanley Sells 100 Shares of MKS Instruments, Inc. (NASDAQ:MKSI) Stock

MKS Instruments, Inc. (NASDAQ:MKSI) Director Peter Hanley sold 100 shares of the business’s stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $107.06, for a total transaction of $10,706.00. Following the completion of the transaction, the director now owns 2,772 shares of the company’s stock, valued at approximately $296,770.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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 transaction of $40,285.00.
  • On Tuesday, December 5th, Peter Hanley sold 200 shares of MKS Instruments stock. The stock was sold at an average price of $92.58, for a total transaction of $18,516.00.

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) traded down $2.55 during trading on Thursday, hitting $112.20. 611,000 shares of the stock were exchanged, compared to its average volume of 593,249. MKS Instruments, Inc. has a twelve month low of $64.45 and a twelve month high of $116.55. The company has a current ratio of 4.21, a quick ratio of 3.06 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $6,190.00, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 1.13 and a beta of 1.04.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The business had revenue of $512.00 million for the quarter, compared to analyst estimates of $500.22 million. During the same period in the previous year, the business posted $1.05 earnings per share. The business’s revenue was up 26.4% compared to the same quarter last year. equities analysts forecast that MKS Instruments, Inc. will post 7.6 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 26th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, February 23rd. This represents a $0.72 annualized dividend and a yield of 0.64%. MKS Instruments’s payout ratio is currently 11.09%.

A number of equities analysts recently commented on MKSI shares. BidaskClub downgraded shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 2nd. Dougherty & Co boosted their price target on shares of MKS Instruments from $106.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research raised shares of MKS Instruments from a “hold” rating to a “strong-buy” rating and set a $119.00 price target for the company in a research report on Tuesday, February 6th. Stifel Nicolaus reissued a “buy” rating and issued a $133.00 price target on shares of MKS Instruments in a research report on Thursday, February 1st. Finally, Deutsche Bank boosted their price target on shares of MKS Instruments from $104.00 to $116.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. MKS Instruments presently has an average rating of “Buy” and a consensus target price of $116.60.

A number of institutional investors and hedge funds have recently modified their holdings of MKSI. Meeder Asset Management Inc. grew its position in shares of MKS Instruments by 311.2% in the fourth quarter. Meeder Asset Management Inc. now owns 1,065 shares of the scientific and technical instruments company’s stock valued at $101,000 after purchasing an additional 806 shares during the last quarter. Krilogy Financial LLC acquired a new stake in shares of MKS Instruments in the third quarter valued at approximately $144,000. Bridgeworth LLC acquired a new stake in shares of MKS Instruments in the third quarter valued at approximately $203,000. Greenwood Capital Associates LLC acquired a new stake in shares of MKS Instruments in the third quarter valued at approximately $204,000. Finally, Advisor Partners LLC acquired a new stake in shares of MKS Instruments in the fourth quarter valued at approximately $206,000. Institutional investors own 93.92% 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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