November 23, 2016 - By Ellis Scott
2,500 shares of Mks Instruments Inc were sold by Robert Anderson, the firm’s director. Robert Anderson’s shares are valued at precisely $141,898 which has been calculated on the basis of the average transactions stock price ($56.8 for each one share). Robert Anderson currently has in hand 20,128 shares which are equivalent to about 0.04% of the Massachusetts-Company’s market capitalization (total value of the shares outstanding). The date of transaction was November 23, 2016, and it was revealed in a SEC-filed report, which you can read here.
Out of 4 analysts covering MKS Instruments (NASDAQ:MKSI), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $64 is the highest target while $42 is the lowest. The $56.33 average target is -2.12% below today’s ($57.55) stock price. MKS Instruments has been the topic of 7 analyst reports since October 23, 2015 according to StockzIntelligence Inc. Citigroup initiated MKS Instruments, Inc. (NASDAQ:MKSI) on Wednesday, October 12 with “Buy” rating. The rating was maintained by Dougherty & Company with “Buy” on Friday, October 23. Dougherty & Company maintained MKS Instruments, Inc. (NASDAQ:MKSI) rating on Monday, May 2. Dougherty & Company has “Buy” rating and $45 price target. The rating was maintained by Dougherty & Company on Monday, June 13 with “Buy”. The company was maintained on Wednesday, November 23 by Stifel Nicolaus. Pacific Crest initiated MKS Instruments, Inc. (NASDAQ:MKSI) on Monday, January 4 with “Overweight” rating. The stock of MKS Instruments, Inc. (NASDAQ:MKSI) has “Buy” rating given on Thursday, May 12 by Stifel Nicolaus.
Insitutional Activity: The institutional sentiment decreased to 1.37 in Q2 2016. Its down 0.12, from 1.49 in 2016Q1. The ratio turned negative, as 18 funds sold all MKS Instruments, Inc. shares owned while 53 reduced positions. 32 funds bought stakes while 74 increased positions. They now own 54.44 million shares or 1.76% more from 53.49 million shares in 2016Q1.
Los Angeles Cap Mngmt Equity Research accumulated 0.01% or 29,664 shares. Aperio Grp Inc has 0% invested in the company for 9,853 shares. 1832 Asset Management Limited Partnership has 0.11% invested in the company for 608,850 shares. First Trust Ltd Partnership has invested 0.01% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI). Blackrock Institutional Trust Na, a California-based fund reported 1.33M shares. Peak6 Invests L P, a Illinois-based fund reported 1,689 shares. Employees Retirement Systems Of Texas has 0.03% invested in the company for 46,000 shares. Alliancebernstein Lp last reported 646,869 shares in the company. Hays Advisory Limited Liability Corporation holds 180,158 shares or 1.21% of its portfolio. Leuthold Gru Ltd Llc last reported 101,942 shares in the company. Qs Investors Ltd Liability Com has invested 0.02% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI). Gabelli Funds Llc has 20,187 shares for 0.01% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI) for 1,281 shares. Moreover, Commonwealth Equity Svcs has 0% invested in MKS Instruments, Inc. (NASDAQ:MKSI) for 5,404 shares. Oppenheimer And Communication Incorporated has invested 0.01% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI).
Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 16 insider sales for $2.85 million net activity. $235,545 worth of MKS Instruments, Inc. (NASDAQ:MKSI) was sold by COLELLA GERARD G on Tuesday, September 13. $554,500 worth of MKS Instruments, Inc. (NASDAQ:MKSI) was sold by BAGSHAW SETH H. HANLEY PETER sold $12,116 worth of stock. Another trade for 338 shares valued at $13,807 was made by Abrams John R on Thursday, June 2. Lee John Tseng-Chung had sold 9,955 shares worth $461,524 on Wednesday, August 10. Quirk Brian Charles had sold 1,000 shares worth $45,170. Another trade for 2,333 shares valued at $131,605 was made by Werth Dennis L on Thursday, November 17.
The stock increased 0.52% or $0.29 during the last trading session, hitting $57.55. About 227,930 shares traded hands. MKS Instruments, Inc. (NASDAQ:MKSI) has risen 54.26% since April 21, 2016 and is uptrending. It has outperformed by 48.93% the S&P500.
MKS Instruments, Inc. is a provider of instruments, subsystems and process control solutions that measures, controls, powers, monitors and analyzes critical parameters of advanced manufacturing processes to improve process performance and productivity. The company has a market cap of $3.11 billion. The Firm operates through divisions, including Advanced Manufacturing Capital Equipment, which includes the development, manufacturing and sales of instruments, control and vacuum products, power and reactive gas products; Global Service, which includes the worldwide servicing of instruments, control and vacuum products, power and reactive gas products and certain other product groups; Asia Region Sales, which includes sales of products that are re-sold from the Advanced Manufacturing Capital Equipment and Other divisions into Asia regions, and Other. It has a 36.54 P/E ratio.
According to Zacks Investment Research, “MKS Instruments, Inc. is a leading worldwide developer, manufacturer and supplier of instruments, components and subsystems used to measure, control and analyze gases in semiconductor manufacturing and similar industrial manufacturing processes. They offer a range of products including but not limited to semiconductors, optical filters and fiber optics cables, magnetic and optical storage devices and media, solar panels, eyeglasses, architectural glass, cutting tools, and freeze-dried pharmaceuticals.”
Analysts await MKS Instruments, Inc. (NASDAQ:MKSI) to report earnings on January, 25. They expect $1.00 earnings per share, up 194.12% or $0.66 from last year’s $0.34 per share. MKSI’s profit will be $54.04 million for 14.39 P/E if the $1.00 EPS becomes a reality. After $0.88 actual earnings per share reported by MKS Instruments, Inc. for the previous quarter, Wall Street now forecasts 13.64% EPS growth.
More notable recent MKS Instruments, Inc. (NASDAQ:MKSI) news were published by: Wsj.com which released: “MKS Instruments to Buy Newport Corp. for $897 Million in Cash” on February 23, 2016, also Nasdaq.com with their article: “Ex-Dividend Reminder: MKS Instruments, Curtiss-Wright and Matthews International” published on November 21, 2016, Zacks.com published: “Can MKS Instruments (MKS) Run Higher on Strong Earnings Estimate Revisions?” on November 18, 2016. More interesting news about MKS Instruments, Inc. (NASDAQ:MKSI) were released by: Seekingalpha.com and their article: “MKS Instruments And Newport Corporation: A Marriage Of Equals” published on February 25, 2016 as well as Seekingalpha.com‘s news article titled: “MKS Instruments-Newport Acquisition Brings Scale” with publication date: May 02, 2016.
MKS Instruments, Inc. (MKS), incorporated on June 14, 1961, is a well-known provider of instruments, subsystems and process control solutions that measures, controls, powers, monitors and analyzes critical parameters of advanced manufacturing processes to improve process performance and productivity. The Firm operates through divisions, including Advanced Manufacturing Capital Equipment, Global Service, Asia Region Sales and Other. It also provides services relating to the maintenance and repair of its products, software, service and maintenance, installation services and training. The Firm groups its products into three groups of similar products upon the similarity of product function. These three groups of products are instruments, control and vacuum products; power and reactive gas products, and analytical solutions group products.
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By Ellis Scott