Rudolph Technologies Inc (NYSE:RTEC) Shares Bought by OxFORD Asset Management LLP

OxFORD Asset Management LLP increased its stake in shares of Rudolph Technologies Inc (NYSE:RTEC) by 7.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,831 shares of the scientific and technical instruments company’s stock after buying an additional 11,358 shares during the period. OxFORD Asset Management LLP owned 0.52% of Rudolph Technologies worth $4,272,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in RTEC. State of Alaska Department of Revenue boosted its position in Rudolph Technologies by 80.0% during the 2nd quarter. State of Alaska Department of Revenue now owns 6,210 shares of the scientific and technical instruments company’s stock worth $141,000 after acquiring an additional 2,760 shares during the last quarter. Acadian Asset Management LLC boosted its position in Rudolph Technologies by 533.0% during the 2nd quarter. Acadian Asset Management LLC now owns 7,748 shares of the scientific and technical instruments company’s stock worth $177,000 after acquiring an additional 6,524 shares during the last quarter. Victory Capital Management Inc. raised its stake in Rudolph Technologies by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 9,387 shares of the scientific and technical instruments company’s stock valued at $214,000 after acquiring an additional 1,408 shares during the period. BNP Paribas Arbitrage SA raised its stake in Rudolph Technologies by 29.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,433 shares of the scientific and technical instruments company’s stock valued at $216,000 after acquiring an additional 2,170 shares during the period. Finally, Trexquant Investment LP bought a new stake in Rudolph Technologies in the 2nd quarter valued at $229,000. 92.52% of the stock is owned by hedge funds and other institutional investors.

In other news, VP Robert Alan Koch sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $26.31, for a total transaction of $92,085.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Daniel H. Berry sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $26.13, for a total value of $156,780.00. Following the sale, the director now owns 24,200 shares of the company’s stock, valued at approximately $632,346. The disclosure for this sale can be found here. Insiders have sold 19,500 shares of company stock worth $511,765 over the last three months. Insiders own 2.00% of the company’s stock.

RTEC has been the topic of a number of research analyst reports. BidaskClub cut Rudolph Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Zacks Investment Research cut Rudolph Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Credit Suisse Group increased their price objective on Rudolph Technologies from $23.00 to $24.00 and gave the stock an “underperform” rating in a research report on Tuesday, October 31st. B. Riley restated a “buy” rating and issued a $30.00 price target on shares of Rudolph Technologies in a research report on Tuesday, October 31st. Finally, DA Davidson restated a “buy” rating and issued a $30.00 price target on shares of Rudolph Technologies in a research report on Monday, September 18th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $28.00.

Rudolph Technologies Inc (NYSE:RTEC) traded down $0.10 during trading hours on Friday, reaching $23.90. The company had a trading volume of 138,662 shares, compared to its average volume of 203,923. The firm has a market capitalization of $758.09, a price-to-earnings ratio of 19.27, a PEG ratio of 1.71 and a beta of 1.03. Rudolph Technologies Inc has a fifty-two week low of $21.00 and a fifty-two week high of $28.10.

Rudolph Technologies (NYSE:RTEC) last released its quarterly earnings data on Monday, October 30th. The scientific and technical instruments company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. Rudolph Technologies had a return on equity of 10.49% and a net margin of 15.99%. The business had revenue of $66.90 million for the quarter, compared to analyst estimates of $66.25 million. During the same period last year, the firm posted $0.29 earnings per share. Rudolph Technologies’s revenue was up 8.6% compared to the same quarter last year. sell-side analysts forecast that Rudolph Technologies Inc will post 1.04 EPS for the current fiscal year.

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About Rudolph Technologies

Rudolph Technologies, Inc (Rudolph) is engaged in the design, development, manufacture and support of process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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