MKS Instruments, Inc. (NASDAQ:MKSI) Director Peter Hanley sold 430 shares of the firm’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $123.40, for a total value of $53,062.00. Following the completion of the sale, the director now directly owns 1,992 shares of the company’s stock, valued at $245,812.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 value 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 value of $10,706.00.
MKS Instruments, Inc. (MKSI) traded up $0.30 during trading hours on Friday, reaching $123.55. The company had a trading volume of 651,840 shares, compared to its average volume of 473,137. The firm has a market cap of $6,731.99, a PE ratio of 20.06, a P/E/G ratio of 1.17 and a beta of 0.93. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.10 and a current ratio of 4.27. MKS Instruments, Inc. has a 1-year low of $64.75 and a 1-year high of $128.28.
The company also recently declared a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Monday, February 26th were issued 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 yield of 0.58%. MKS Instruments’s payout ratio is currently 11.69%.
A number of analysts have recently issued reports on MKSI shares. BidaskClub cut MKS Instruments from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $133.00 price objective on shares of MKS Instruments in a research report on Thursday, February 1st. KeyCorp reaffirmed a “buy” rating on shares of MKS Instruments in a research report on Friday, February 2nd. ValuEngine cut MKS Instruments from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research raised MKS Instruments from a “hold” rating to a “strong-buy” rating and set a $119.00 price objective for the company in a research report on Tuesday, February 6th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. MKS Instruments has a consensus rating of “Buy” and a consensus target price of $116.60.
Large investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. lifted its holdings in MKS Instruments by 311.2% during the 4th quarter. Meeder Asset Management Inc. now owns 1,065 shares of the scientific and technical instruments company’s stock worth $101,000 after purchasing an additional 806 shares during the last quarter. Krilogy Financial LLC acquired a new stake in MKS Instruments during the 3rd quarter worth approximately $144,000. Advisor Partners LLC acquired a new stake in MKS Instruments during the 4th quarter worth approximately $206,000. Bridgeworth LLC acquired a new stake in MKS Instruments during the 3rd quarter worth approximately $203,000. Finally, Zeke Capital Advisors LLC acquired a new stake in MKS Instruments during the 4th quarter worth approximately $220,000. 93.92% of the stock is owned by institutional investors and hedge funds.
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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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