Nanometrics Incorporated (NANO) Shares Bought by Northern Trust Corp

Northern Trust Corp grew its stake in shares of Nanometrics Incorporated (NASDAQ:NANO) by 6.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 314,382 shares of the semiconductor company’s stock after acquiring an additional 18,370 shares during the period. Northern Trust Corp owned 1.30% of Nanometrics worth $11,132,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of NANO. Wells Fargo & Company MN grew its holdings in shares of Nanometrics by 18.4% during the 1st quarter. Wells Fargo & Company MN now owns 42,777 shares of the semiconductor company’s stock valued at $1,151,000 after acquiring an additional 6,635 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Nanometrics by 3.9% during the 1st quarter. Millennium Management LLC now owns 112,460 shares of the semiconductor company’s stock valued at $3,025,000 after acquiring an additional 4,230 shares in the last quarter. Fisher Asset Management LLC purchased a new position in shares of Nanometrics during the 2nd quarter valued at $22,344,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of Nanometrics during the 2nd quarter valued at $326,000. Finally, Bank of Montreal Can grew its holdings in shares of Nanometrics by 26.8% during the 2nd quarter. Bank of Montreal Can now owns 53,695 shares of the semiconductor company’s stock valued at $1,902,000 after acquiring an additional 11,342 shares in the last quarter. Institutional investors and hedge funds own 85.10% of the company’s stock.

Shares of NASDAQ:NANO opened at $32.26 on Friday. The firm has a market capitalization of $794.51 million, a P/E ratio of 13.79, a price-to-earnings-growth ratio of 1.22 and a beta of 1.79. Nanometrics Incorporated has a 1 year low of $22.08 and a 1 year high of $48.26.

Nanometrics (NASDAQ:NANO) last issued its quarterly earnings data on Tuesday, October 30th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.02. The firm had revenue of $76.60 million during the quarter, compared to analysts’ expectations of $74.43 million. Nanometrics had a net margin of 17.32% and a return on equity of 21.49%. Nanometrics’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.22 earnings per share. On average, analysts anticipate that Nanometrics Incorporated will post 2.24 EPS for the current fiscal year.

In other Nanometrics news, General Counsel Janet Therese Taylor sold 2,305 shares of the company’s stock in a transaction dated Tuesday, August 28th. The shares were sold at an average price of $44.78, for a total transaction of $103,217.90. Following the completion of the sale, the general counsel now directly owns 33,056 shares in the company, valued at $1,480,247.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Timothy J. Stultz sold 20,000 shares of the company’s stock in a transaction dated Monday, August 13th. The shares were sold at an average price of $41.91, for a total transaction of $838,200.00. Following the sale, the director now owns 281,221 shares of the company’s stock, valued at $11,785,972.11. The disclosure for this sale can be found here. Insiders sold 31,661 shares of company stock valued at $1,343,726 over the last quarter. 6.90% of the stock is currently owned by corporate insiders.

NANO has been the topic of several research analyst reports. Benchmark boosted their price target on shares of Nanometrics to $43.00 and gave the company a “buy” rating in a report on Wednesday, August 1st. BidaskClub upgraded shares of Nanometrics from a “sell” rating to a “hold” rating in a report on Friday, August 3rd. DA Davidson cut shares of Nanometrics from a “buy” rating to a “neutral” rating and set a $21.00 price objective for the company. in a report on Thursday, August 16th. They noted that the move was a valuation call. ValuEngine cut shares of Nanometrics from a “buy” rating to a “hold” rating in a report on Wednesday, September 12th. Finally, Stifel Nicolaus upgraded shares of Nanometrics from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Wednesday, October 31st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Nanometrics presently has an average rating of “Hold” and a consensus target price of $34.00.

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About Nanometrics

Nanometrics Incorporated provides process control metrology and inspection systems for use primarily in the fabrication of semiconductors and other solid-state devices worldwide. It offers automated metrology systems that provide optical critical dimension, thin film metrology, and wafer stress for transistor and interconnect metrology applications; and integrated metrology systems that are installed onto wafer processing equipment to provide near real-time measurements.

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Institutional Ownership by Quarter for Nanometrics (NASDAQ:NANO)

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