Nanometrics Incorporated (NANO) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP lowered its stake in Nanometrics Incorporated (NASDAQ:NANO) by 8.3% during the fourth quarter, HoldingsChannel reports. The firm owned 270,709 shares of the semiconductor company’s stock after selling 24,366 shares during the quarter. Two Sigma Investments LP’s holdings in Nanometrics were worth $7,398,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Wells Fargo & Company MN raised its holdings in shares of Nanometrics by 65.1% in the third quarter. Wells Fargo & Company MN now owns 66,506 shares of the semiconductor company’s stock worth $2,495,000 after acquiring an additional 26,234 shares during the last quarter. LSV Asset Management acquired a new position in Nanometrics in the third quarter valued at $4,029,000. SG Americas Securities LLC increased its stake in Nanometrics by 550.0% in the third quarter. SG Americas Securities LLC now owns 82,789 shares of the semiconductor company’s stock valued at $3,106,000 after purchasing an additional 70,053 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Nanometrics by 6.8% in the third quarter. JPMorgan Chase & Co. now owns 82,385 shares of the semiconductor company’s stock valued at $3,092,000 after purchasing an additional 5,275 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its stake in Nanometrics by 68.4% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 9,108 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 3,700 shares during the last quarter. 85.90% of the stock is currently owned by institutional investors.

In other news, Director Timothy J. Stultz sold 30,000 shares of the company’s stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of $28.68, for a total value of $860,400.00. Following the completion of the sale, the director now owns 243,208 shares of the company’s stock, valued at $6,975,205.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Timothy J. Stultz sold 17,667 shares of the company’s stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $30.13, for a total value of $532,306.71. Following the completion of the sale, the director now directly owns 253,208 shares of the company’s stock, valued at approximately $7,629,157.04. The disclosure for this sale can be found here. Insiders have sold 48,270 shares of company stock valued at $1,408,827 over the last 90 days. 6.90% of the stock is currently owned by insiders.



Shares of NASDAQ:NANO opened at $29.62 on Monday. The stock has a market cap of $724.51 million, a price-to-earnings ratio of 12.50, a PEG ratio of 1.95 and a beta of 1.68. Nanometrics Incorporated has a 12 month low of $24.74 and a 12 month high of $48.26.

Nanometrics (NASDAQ:NANO) last announced its quarterly earnings results on Tuesday, February 5th. The semiconductor company reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.14. The company had revenue of $77.00 million during the quarter, compared to analyst estimates of $72.65 million. Nanometrics had a return on equity of 20.36% and a net margin of 17.76%. The firm’s revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.53 earnings per share. Sell-side analysts anticipate that Nanometrics Incorporated will post 1.27 EPS for the current fiscal year.

NANO has been the subject of several analyst reports. ValuEngine lowered Nanometrics from a “hold” rating to a “sell” rating in a research note on Friday, December 7th. BidaskClub lowered Nanometrics from a “hold” rating to a “sell” rating in a research note on Saturday, December 8th. Benchmark reiterated a “buy” rating and issued a $37.00 target price on shares of Nanometrics in a research note on Wednesday, December 26th. Finally, Zacks Investment Research upgraded Nanometrics from a “sell” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Wednesday, January 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Nanometrics has a consensus rating of “Hold” and a consensus price target of $32.75.

ILLEGAL ACTIVITY NOTICE: “Nanometrics Incorporated (NANO) Shares Sold by Two Sigma Investments LP” was originally published by Dakota Financial News and is the sole property of of Dakota Financial News. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://dakotafinancialnews.com/2019/03/25/nanometrics-incorporated-nano-shares-sold-by-two-sigma-investments-lp.html.

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.

Featured Story: Trading Strategy Examples and Plans

Want to see what other hedge funds are holding NANO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nanometrics Incorporated (NASDAQ:NANO).

Institutional Ownership by Quarter for Nanometrics (NASDAQ:NANO)

Receive News & Ratings for Nanometrics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nanometrics and related companies with MarketBeat.com's FREE daily email newsletter.