Insider Activity: Nanometrics Incorporated (NASDAQ:NANO)’s EVP – Business Operations Stanislaw Borowicz Sold 4,184 Shares

November 24, 2016 - By Marie Mckinney

Insider Activity: Nanometrics Incorporated (NASDAQ:NANO)'s EVP   Business Operations Stanislaw Borowicz Sold 4,184 Shares

Stanislaw Borowicz Insider Sell

After the publishing of a form filled with U.S. Security and Exchange Commission; a sale became apparent. The EVP – Business Operations of Nanometrics Inc, Stanislaw Borowicz; completed a trade in the open market by selling 4,184 shares at an average price per share of $25.5 of the firm having a market value of $106,692 U.S Dollars. He also sold 416 shares valued at $9,485 USD in the last month. Currently, Mr. Stanislaw, has in hand 38,619 shares, which accounts for 0.16% of the Company’s market capitalization.

Nanometrics Incorporated (NASDAQ:NANO) Ratings Coverage

Out of 4 analysts covering Nanometrics (NASDAQ:NANO), 0 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 0 are positive. $25 is the highest target while $19 is the lowest. The $21.67 average target is -10.05% below today’s ($24.09) stock price. Nanometrics has been the topic of 6 analyst reports since August 10, 2015 according to StockzIntelligence Inc. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, November 23 report. The stock of Nanometrics Incorporated (NASDAQ:NANO) earned “Buy” rating by Stifel Nicolaus on Monday, June 27. The stock of Nanometrics Incorporated (NASDAQ:NANO) earned “Neutral” rating by DA Davidson on Monday, August 10. TheStreet downgraded the shares of NANO in a report on Friday, October 16 to “Sell” rating. On Wednesday, October 12 the stock rating was downgraded by Pacific Crest to “Sector Weight”.

Insitutional Activity: The institutional sentiment decreased to 1.89 in Q2 2016. Its down 0.36, from 2.25 in 2016Q1. The ratio is negative, as 6 funds sold all Nanometrics Incorporated shares owned while 26 reduced positions. 30 funds bought stakes while 42 increased positions. They now own 19.93 million shares or 0.04% more from 19.93 million shares in 2016Q1.

Kingdom Ridge Limited Liability Co holds 115,093 shares or 1.17% of its portfolio. Teacher Retirement Sys Of Texas has invested 0% of its portfolio in Nanometrics Incorporated (NASDAQ:NANO). The Georgia-based Invesco Limited has invested 0% in Nanometrics Incorporated (NASDAQ:NANO). Eam Invsts Ltd Liability last reported 0.58% of its portfolio in the stock. The New York-based Jpmorgan Chase & Com has invested 0% in Nanometrics Incorporated (NASDAQ:NANO). Highbridge Capital Mgmt Lc has 23,226 shares for 0.01% of their US portfolio. Parametric Assocs Limited Liability last reported 0% of its portfolio in the stock. Manufacturers Life Insur The has 0% invested in the company for 16,425 shares. Wells Fargo & Mn holds 0.01% or 700,515 shares in its portfolio. The Wisconsin-based State Of Wisconsin Investment Board has invested 0.02% in Nanometrics Incorporated (NASDAQ:NANO). Dimensional Fund Advsr Limited Partnership owns 888,974 shares or 0.01% of their US portfolio. Eagle Asset Mngmt reported 43,053 shares or 0.01% of all its holdings. Panagora Asset Inc has 4,345 shares for 0% of their US portfolio. Paradigm Asset Mgmt Com has 0% invested in the company for 2,400 shares. Geode Mngmt Ltd Llc has 175,332 shares for 0% of their US portfolio.

Insider Transactions: Since May 27, 2016, the stock had 0 insider purchases, and 11 sales for $889,083 net activity. On Friday, July 1 the insider Taylor Janet Therese sold $22,428. 10,000 shares with value of $220,800 were sold by Rhine Bruce C on Monday, October 3. 416 Nanometrics Incorporated (NASDAQ:NANO) shares with value of $7,613 were sold by Borowicz Stanislaw M. On Monday, November 7 Heidrich Kevin sold $67,826 worth of the stock or 3,083 shares. Shares for $112,725 were sold by Andreson Jeff on Thursday, September 22.

The stock decreased 4.14% or $1.04 on November 23, hitting $24.09. About 265,352 shares traded hands or 70.09% up from the average. Nanometrics Incorporated (NASDAQ:NANO) has risen 53.93% since April 22, 2016 and is uptrending. It has outperformed by 48.52% the S&P500.

Nanometrics Incorporated provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness light emitting diodes (HB-LEDs), discrete components and data storage devices. The company has a market cap of $608.47 million. The Firm operates in the segment of sale, design, manufacture, marketing and support of thin film and optical critical dimension systems. It has a 38.87 P/E ratio. The Company’s automated and integrated systems address process control applications, including critical dimension and film thickness measurement, device topography, defect inspection, and analysis of various other film properties, such as optical, electrical and material characteristics.

According to Zacks Investment Research, “Nanometrics Inc. is a leader in the design, manufacture, marketing, and support of process monitoring systems for the semiconductor, data storage, and flat panel display industries. The company’s primary products are thin film measurement/analysis and overlay metrology systems. These products are used to analyze manufacturing quality at critical steps in production and to provide feedback for production control or notification of out-of-control processes.”

Analysts await Nanometrics Incorporated (NASDAQ:NANO) to report earnings on February, 7. NANO’s profit will be $6.57M for 23.16 P/E if the $0.26 EPS becomes a reality. After $0.33 actual earnings per share reported by Nanometrics Incorporated for the previous quarter, Wall Street now forecasts -21.21% negative EPS growth.

NANO Company Profile

Nanometrics Incorporated (Nanometrics), incorporated on January 18, 2005, provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness light emitting diodes (HB-LEDs), discrete components and data storage devices. The Firm operates in the segment of sale, design, manufacture, marketing and support of thin film and optical critical dimension systems. The Company’s automated and integrated systems address process control applications, including critical dimension and film thickness measurement, device topography, defect inspection, and analysis of various other film properties, such as optical, electrical and material characteristics. The Company’s process control solutions are deployed throughout the fabrication process, from front-end-of-line substrate manufacturing, to high-volume production of semiconductors and other devices, to advanced wafer-scale packaging applications.

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