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Cascade Microtech (NASDAQ:CSCD) Director John D. Delafield bought 153,648 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were purchased at an average price of $10.25 per share, with a total value of $1,574,892.00. Following the transaction, the director now directly owns 98,350 shares in the company, valued at approximately $1,008,088. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on CSCD. Analysts at Canaccord Genuity cut their price target on shares of Cascade Microtech from $16.00 to $15.00 in a research note on Thursday, August 7th.

Cascade Microtech (NASDAQ:CSCD) traded up 1.36% on Thursday, hitting $10.41. 133,886 shares of the company’s stock traded hands. Cascade Microtech has a 1-year low of $7.50 and a 1-year high of $13.95. The stock’s 50-day moving average is $11.29 and its 200-day moving average is $10.96. The company has a market cap of $170.0 million and a P/E ratio of 11.97.

Cascade Microtech (NASDAQ:CSCD) last released its earnings data on Wednesday, August 6th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.02. The company had revenue of $33.50 million for the quarter, compared to the consensus estimate of $33.50 million. On average, analysts predict that Cascade Microtech will post $0.49 earnings per share for the current fiscal year.

Cascade Microtech, Inc designs, develops, manufactures and markets wafer probing and test socket solutions for the electrical measurement and testing of semiconductor devices.

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