MKS Instruments, Inc. (NASDAQ:MKSI) Director Peter Hanley sold 430 shares of the business’s stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $123.40, for a total transaction of $53,062.00. Following the sale, the director now owns 1,992 shares of the company’s stock, valued at approximately $245,812.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $115.10, for a total transaction of $40,285.00.
- On Wednesday, February 14th, Peter Hanley sold 100 shares of MKS Instruments stock. The shares were sold at an average price of $107.06, for a total transaction of $10,706.00.
MKS Instruments, Inc. (MKSI) traded up $0.30 during trading on Friday, hitting $123.55. 651,840 shares of the stock traded hands, compared to its average volume of 568,416. The company has a market capitalization of $6,715.64, a price-to-earnings ratio of 20.01, a P/E/G ratio of 1.17 and a beta of 0.93. 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, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $128.28.
The company also recently declared a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Monday, February 26th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.72 annualized dividend and a dividend yield of 0.58%. MKS Instruments’s dividend payout ratio is currently 11.69%.
MKSI has been the subject of several recent research reports. BidaskClub lowered shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 2nd. Zacks Investment Research upgraded shares of MKS Instruments from a “hold” rating to a “strong-buy” rating and set a $119.00 target price for the company in a research note on Tuesday, February 6th. Stifel Nicolaus reiterated a “buy” rating and set a $133.00 target price on shares of MKS Instruments in a research note on Thursday, February 1st. Dougherty & Co reiterated a “buy” rating on shares of MKS Instruments in a research note on Sunday, February 4th. Finally, KeyCorp reiterated a “buy” rating on shares of MKS Instruments in a research note on Friday, February 2nd. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $116.60.
Institutional investors have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. grew its position in shares of MKS Instruments by 311.2% during the fourth quarter. Meeder Asset Management Inc. now owns 1,065 shares of the scientific and technical instruments company’s stock worth $101,000 after acquiring an additional 806 shares during the last quarter. Krilogy Financial LLC bought a new position in shares of MKS Instruments during the third quarter worth about $144,000. Bridgeworth LLC bought a new position in shares of MKS Instruments during the third quarter worth about $203,000. Advisor Partners LLC bought a new position in shares of MKS Instruments during the fourth quarter worth about $206,000. Finally, Zeke Capital Advisors LLC bought a new position in shares of MKS Instruments during the fourth quarter worth about $220,000. Institutional investors and hedge funds 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.
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