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Nanometrics (NASDAQ:NANO) Director Bruce C. Rhine unloaded 10,000 shares of Nanometrics stock on the open market in a transaction dated Monday, August 4th. The stock was sold at an average price of $16.05, for a total transaction of $160,500.00. Following the sale, the director now directly owns 810,613 shares of the company’s stock, valued at approximately $13,010,339. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of Nanometrics (NASDAQ:NANO) traded up 2.84% during mid-day trading on Wednesday, hitting $16.63. The stock had a trading volume of 105,189 shares. Nanometrics has a 52-week low of $13.37 and a 52-week high of $19.94. The stock has a 50-day moving average of $17.58 and a 200-day moving average of $17.47. The company’s market cap is $401.2 million.

Nanometrics (NASDAQ:NANO) last released its earnings data on Wednesday, July 30th. The company reported $0.05 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.05. The company had revenue of $48.03 million for the quarter, compared to the consensus estimate of $49.36 million. During the same quarter in the prior year, the company posted ($0.17) earnings per share. The company’s quarterly revenue was up 39.0% on a year-over-year basis. On average, analysts predict that Nanometrics will post $-0.13 earnings per share for the current fiscal year.

Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Nanometrics in a research note on Thursday, July 31st. They now have a $17.00 price target on the stock, down previously from $18.00. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $18.89.

Nanometrics Incorporated (NASDAQ:NANO) is a provider of advanced, high-performance process control metrology and inspection systems used primarily in the fabrication of integrated circuits, high-brightness (HB) light emitting diodes (LEDs), data storage devices and solar photovoltaics (solar PV).

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