MKS Instruments, Inc. (NASDAQ:MKSI) Director Sells $42,768.00 in Stock

MKS Instruments, Inc. (NASDAQ:MKSI) Director Elizabeth Mora sold 400 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $106.92, for a total value of $42,768.00. Following the transaction, the director now directly owns 15,818 shares of the company’s stock, valued at approximately $1,691,260.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of MKSI traded down $1.82 during trading hours on Tuesday, hitting $104.52. 265,318 shares of the company were exchanged, compared to its average volume of 524,187. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.38 and a quick ratio of 2.89. The company has a market capitalization of $5.66 billion, a PE ratio of 13.35 and a beta of 1.48. The firm has a fifty day simple moving average of $105.85 and a 200-day simple moving average of $87.02. MKS Instruments, Inc. has a one year low of $56.37 and a one year high of $115.12.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Wednesday, October 23rd. The scientific and technical instruments company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.25. MKS Instruments had a return on equity of 13.84% and a net margin of 9.10%. The company had revenue of $462.45 million for the quarter, compared to analyst estimates of $442.90 million. During the same period in the previous year, the firm earned $1.88 earnings per share. MKS Instruments’s revenue for the quarter was down 5.1% compared to the same quarter last year. Sell-side analysts expect that MKS Instruments, Inc. will post 4.37 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 25th will be paid a $0.20 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.80 dividend on an annualized basis and a yield of 0.77%. MKS Instruments’s dividend payout ratio is currently 10.22%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Invesco Ltd. lifted its stake in MKS Instruments by 171.9% during the second quarter. Invesco Ltd. now owns 1,489,870 shares of the scientific and technical instruments company’s stock valued at $116,046,000 after buying an additional 941,917 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of MKS Instruments by 22.6% in the second quarter. JPMorgan Chase & Co. now owns 1,489,079 shares of the scientific and technical instruments company’s stock worth $116,878,000 after acquiring an additional 274,145 shares in the last quarter. Silvercrest Asset Management Group LLC increased its position in shares of MKS Instruments by 0.4% in the second quarter. Silvercrest Asset Management Group LLC now owns 842,966 shares of the scientific and technical instruments company’s stock worth $65,659,000 after acquiring an additional 3,178 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of MKS Instruments by 3.8% in the third quarter. Fisher Asset Management LLC now owns 809,451 shares of the scientific and technical instruments company’s stock worth $74,696,000 after acquiring an additional 29,259 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of MKS Instruments by 4.6% during the second quarter. Victory Capital Management Inc. now owns 621,336 shares of the scientific and technical instruments company’s stock valued at $48,395,000 after acquiring an additional 27,195 shares during the period. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Several equities research analysts have commented on MKSI shares. Citigroup boosted their price target on shares of MKS Instruments from $115.00 to $124.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Cowen raised their price objective on shares of MKS Instruments from $110.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. DA Davidson lifted their price objective on shares of MKS Instruments to $125.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. ValuEngine cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Benchmark reiterated a “buy” rating and issued a $120.00 target price on shares of MKS Instruments in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company’s stock. MKS Instruments currently has a consensus rating of “Buy” and an average target price of $119.88.

MKS Instruments Company Profile

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. It operates through two segments, Vacuum and Analysis, and Light and Motion. The Vacuum and Analysis segment offers analytical and control solutions, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; direct and indirect pressure measurement and integrated process solutions; and materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with control capabilities that are optimized for a given application.

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