MKS Instruments, Inc. (MKSI) Director Peter Hanley Sells 350 Shares
MKS Instruments, Inc. (NASDAQ:MKSI) Director Peter Hanley sold 350 shares of the business’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $115.10, for a total transaction of $40,285.00. Following the completion of the sale, the director now owns 2,422 shares of the company’s stock, valued at $278,772.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Peter Hanley also recently made the following trade(s):
- 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 transaction of $10,706.00.
- 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.
MKS Instruments, Inc. (MKSI) traded up $4.75 during trading hours on Wednesday, reaching $114.75. 713,800 shares of the company traded hands, compared to its average volume of 593,951. The firm has a market cap of $6,230.00, a PE ratio of 17.68, a P/E/G ratio of 1.09 and a beta of 1.04. MKS Instruments, Inc. has a 1 year low of $64.45 and a 1 year 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 business also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Monday, February 26th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.63%. The ex-dividend date is Friday, February 23rd. MKS Instruments’s payout ratio is currently 11.09%.
Hedge funds have recently made changes to their positions in the company. Meeder Asset Management Inc. raised its stake in shares of MKS Instruments by 311.2% in the 4th quarter. Meeder Asset Management Inc. now owns 1,065 shares of the scientific and technical instruments company’s stock valued at $101,000 after buying an additional 806 shares in the last quarter. Krilogy Financial LLC acquired a new position in shares of MKS Instruments in the 3rd quarter valued at $144,000. Bridgeworth LLC acquired a new position in shares of MKS Instruments in the 3rd quarter valued at $203,000. Greenwood Capital Associates LLC acquired a new position in shares of MKS Instruments in the 3rd quarter valued at $204,000. Finally, Advisor Partners LLC acquired a new position in shares of MKS Instruments in the 4th quarter valued at $206,000. Institutional investors own 93.92% of the company’s stock.
MKSI has been the subject of several research analyst reports. BidaskClub cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. ValuEngine upgraded shares of MKS Instruments from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $108.00 target price (up from $98.00) on shares of MKS Instruments in a research note on Tuesday, October 24th. Dougherty & Co reiterated a “buy” rating on shares of MKS Instruments in a research note on Sunday, February 4th. Finally, 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. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $116.60.
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About MKS Instruments
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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