Cwm LLC Lowers Position in MKS Instruments, Inc. (NASDAQ:MKSI)

Cwm LLC trimmed its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 21.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 730 shares of the scientific and technical instruments company’s stock after selling 204 shares during the period. Cwm LLC’s holdings in MKS Instruments were worth $75,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Mendota Financial Group LLC purchased a new position in shares of MKS Instruments during the fourth quarter valued at about $27,000. Baystate Wealth Management LLC purchased a new position in MKS Instruments during the 4th quarter valued at approximately $56,000. Signaturefd LLC increased its stake in MKS Instruments by 22.1% in the 3rd quarter. Signaturefd LLC now owns 928 shares of the scientific and technical instruments company’s stock worth $80,000 after acquiring an additional 168 shares during the last quarter. Avior Wealth Management LLC purchased a new stake in shares of MKS Instruments during the 4th quarter worth approximately $138,000. Finally, SG Americas Securities LLC purchased a new position in shares of MKS Instruments in the third quarter valued at $131,000. 99.79% of the stock is currently owned by institutional investors.

Insider Transactions at MKS Instruments

In other news, Director Elizabeth Mora sold 250 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $133.00, for a total value of $33,250.00. Following the transaction, the director now directly owns 16,862 shares in the company, valued at $2,242,646. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Elizabeth Mora sold 250 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $133.00, for a total value of $33,250.00. Following the transaction, the director now owns 16,862 shares of the company’s stock, valued at $2,242,646. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Kathleen Flaherty Burke sold 7,411 shares of MKS Instruments stock in a transaction on Friday, March 1st. The shares were sold at an average price of $122.89, for a total value of $910,737.79. Following the sale, the executive vice president now directly owns 42,999 shares of the company’s stock, valued at $5,284,147.11. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,776 shares of company stock worth $6,226,307. 0.51% of the stock is currently owned by insiders.

MKS Instruments Stock Down 1.3 %

Shares of NASDAQ MKSI opened at $123.32 on Wednesday. The company has a market cap of $8.27 billion, a P/E ratio of -4.48, a PEG ratio of 4.01 and a beta of 1.69. The firm has a 50-day simple moving average of $123.66 and a two-hundred day simple moving average of $104.93. MKS Instruments, Inc. has a 1 year low of $63.44 and a 1 year high of $135.51. The company has a debt-to-equity ratio of 1.90, a current ratio of 3.18 and a quick ratio of 2.01.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings data on Wednesday, February 7th. The scientific and technical instruments company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.28. MKS Instruments had a positive return on equity of 9.95% and a negative net margin of 50.80%. The company had revenue of $893.00 million during the quarter, compared to analysts’ expectations of $845.25 million. During the same quarter in the previous year, the business earned $2.00 EPS. MKS Instruments’s revenue was down 17.7% compared to the same quarter last year. Research analysts anticipate that MKS Instruments, Inc. will post 4.54 earnings per share for the current year.

Wall Street Analyst Weigh In

MKSI has been the subject of several research reports. Wells Fargo & Company increased their price objective on shares of MKS Instruments from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 2nd. KeyCorp increased their price target on shares of MKS Instruments from $115.00 to $140.00 and gave the company an “overweight” rating in a report on Friday, February 9th. Benchmark boosted their price objective on MKS Instruments from $85.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. StockNews.com raised MKS Instruments from a “sell” rating to a “hold” rating in a research note on Thursday, February 15th. Finally, Needham & Company LLC boosted their target price on MKS Instruments from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $128.75.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.