Rudolph Technologies VP Sells 1,020 Shares of Stock (RTEC)
Rudolph Technologies (NASDAQ:RTEC) VP Matthew Wilson unloaded 1,020 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $9.31, for a total value of $9,496.20. Following the completion of the transaction, the vice president now directly owns 9,140 shares in the company, valued at approximately $85,093. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on RTEC. Analysts at Davidson cut their price target on shares of Rudolph Technologies from $15.00 to $13.00 in a research note on Monday, August 4th. They now have a “buy” rating on the stock. Analysts at Barrington Research initiated coverage on shares of Rudolph Technologies in a research note on Friday, June 13th. They set a “market perform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Rudolph Technologies has a consensus rating of “Buy” and a consensus target price of $13.56.
Rudolph Technologies (NASDAQ:RTEC) traded up 0.97% during mid-day trading on Wednesday, hitting $9.38. 110,782 shares of the company’s stock traded hands. Rudolph Technologies has a 52 week low of $8.91 and a 52 week high of $12.32. The stock’s 50-day moving average is $9.69 and its 200-day moving average is $10.30. The company’s market cap is $312.0 million.
Rudolph Technologies (NASDAQ:RTEC) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.03 by $0.01. The company had revenue of $43.02 million for the quarter, compared to the consensus estimate of $43.62 million. During the same quarter last year, the company posted $0.06 earnings per share. Rudolph Technologies’s revenue was down 6.6% compared to the same quarter last year. On average, analysts predict that Rudolph Technologies will post $0.21 earnings per share for the current fiscal year.
Rudolph Technologies, Inc is engaged in the design, development, and manufacture of process control defect inspection, metrology, and process control software systems used by microelectronics device manufacturers.
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