November 23, 2016 - By Ellis Scott
According to a public document that has been filled with the SEC on 22/11/2016, Robert Koch an insider in Rudolph Technologies Inc and currently shareholder, sold shares worth $9,960 U.S Dollars in the firm. He sold 500 shares, at average $19.9 per share. Robert Koch now has rights to 0.17% of Rudolph Technologies Inc’s stock market cap with ownership of 51,659 shares.
Out of 5 analysts covering Rudolph Tech (NYSE:RTEC), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. $19 is the highest target while $15.0 is the lowest. The $16.67 average target is -16.02% below today’s ($19.85) stock price. Rudolph Tech has been the topic of 6 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Stifel Nicolaus upgraded it to “Buy” rating and $15.0 target price in Thursday, January 14 report. Barrington Research upgraded it to “Mkt Perform” rating and $15.0 target price in Tuesday, August 4 report. Stifel Nicolaus maintained Rudolph Technologies Inc (NYSE:RTEC) rating on Tuesday, May 3. Stifel Nicolaus has “Buy” rating and $16 price target. The company was downgraded on Friday, July 29 by Dougherty & Company. As per Tuesday, August 4, the company rating was upgraded by Credit Suisse. The company was maintained on Tuesday, May 3 by DA Davidson.
Insitutional Activity: The institutional sentiment increased to 1.57 in 2016 Q2. Its up 0.38, from 1.19 in 2016Q1. The ratio improved, as 15 funds sold all Rudolph Technologies Inc shares owned while 52 reduced positions. 23 funds bought stakes while 57 increased positions. They now own 27.82 million shares or 8.04% less from 30.25 million shares in 2016Q1.
First Quadrant Lp Ca, a California-based fund reported 23,700 shares. Deutsche Bank Ag has invested 0% of its portfolio in Rudolph Technologies Inc (NYSE:RTEC). Clarivest Asset Mgmt Lc accumulated 0.12% or 251,903 shares. Marshall Wace Limited Liability Partnership holds 0% or 24,941 shares in its portfolio. Gagnon Limited Liability Co has 8.53% invested in the company for 637,573 shares. Bailard accumulated 12,200 shares or 0.02% of the stock. Kbc Gp Nv last reported 0.01% of its portfolio in the stock. Foundry Ptnrs Ltd Liability Co has 0.13% invested in the company for 149,595 shares. Geode Cap Mngmt Ltd, a Massachusetts-based fund reported 252,413 shares. Moreover, Envestnet Asset Mgmt has 0% invested in Rudolph Technologies Inc (NYSE:RTEC) for 12,239 shares. The Pennsylvania-based Pnc Financial Group has invested 0% in Rudolph Technologies Inc (NYSE:RTEC). California Employees Retirement Sys, a California-based fund reported 68,400 shares. Eagle Asset, a Florida-based fund reported 664,658 shares. Metropolitan Life Ins has 25,620 shares for 0% of their US portfolio. Intrust Savings Bank Na owns 22,440 shares or 0.14% of their US portfolio.
Insider Transactions: Since May 24, 2016, the stock had 1 insider buy, and 5 selling transactions for $600,685 net activity. Another trade for 15,000 shares valued at $255,000 was sold by ROTH STEVEN R. Another trade for 2,500 shares valued at $42,375 was bought by Roy Rajiv. SONDERMAN THOMAS sold $18,880 worth of Rudolph Technologies Inc (NYSE:RTEC) on Tuesday, November 15. The insider WHITTEN JOHN R sold 7,500 shares worth $129,300. BERRY DANIEL H sold $71,742 worth of stock. Another trade for 13,100 shares valued at $222,700 was made by BERLINGHIERI LEO on Friday, August 5.
About 74,735 shares traded hands. Rudolph Technologies Inc (NYSE:RTEC) has risen 47.25% since April 21, 2016 and is uptrending. It has outperformed by 41.92% the S&P500.
Rudolph Technologies, Inc. is engaged in the design, development, manufacture and support of defect inspection, packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The company has a market cap of $623.33 million. The Firm operates in a segment of the design, development, manufacture and support of process control defect inspection and metrology; packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. It has a 18.63 P/E ratio. It offers Process Control Business, Lithography Business and Integrated Software Solutions.
According to Zacks Investment Research, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions.”
Analysts await Rudolph Technologies Inc (NYSE:RTEC) to report earnings on February, 6. They expect $0.18 earnings per share, up 38.46% or $0.05 from last year’s $0.13 per share. RTEC’s profit will be $5.65M for 27.57 P/E if the $0.18 EPS becomes a reality. After $0.25 actual earnings per share reported by Rudolph Technologies Inc for the previous quarter, Wall Street now forecasts -28.00% negative EPS growth.
Another recent and important Rudolph Technologies Inc (NYSE:RTEC) news was published by Businesswire.com which published an article titled: “Rudolph Technologies to Participate in the Fifth Annual Midtown Cap Investor ..” on November 22, 2016.
Rudolph Technologies, Inc. (Rudolph), incorporated on June 13, 1996, is engaged in the design, development, manufacture and support of defect inspection, packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The Firm operates in a segment of the design, development, manufacture and support of process control defect inspection and metrology; packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Firm offers Process Control Business, Lithography Business and Integrated Software Solutions. The Firm provides process and yield management solutions used in both wafer processing and final manufacturing through a family of systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements. Rudolph markets and sells products to logic, memory, data storage, flat panel and application-specific integrated circuit (ASIC) device manufacturers.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Ellis Scott