MKS Instruments, Inc. (MKSI) CFO Seth H. Bagshaw Sells 10,000 Shares

MKS Instruments, Inc. (NASDAQ:MKSI) CFO Seth H. Bagshaw sold 10,000 shares of the firm’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $102.07, for a total transaction of $1,020,700.00. Following the completion of the sale, the chief financial officer now owns 11,766 shares of the company’s stock, valued at approximately $1,200,955.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) traded up $0.20 on Tuesday, hitting $96.20. 284,600 shares of the company’s stock were exchanged, compared to its average volume of 484,444. The firm has a market cap of $5,280.00, a price-to-earnings ratio of 17.21, a PEG ratio of 0.95 and a beta of 1.04. MKS Instruments, Inc. has a 52 week low of $60.40 and a 52 week high of $110.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.10 and a current ratio of 4.23.

MKS Instruments (NASDAQ:MKSI) last posted its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.46 by $0.10. The business had revenue of $486.27 million for the quarter, compared to analyst estimates of $476.24 million. MKS Instruments had a net margin of 16.97% and a return on equity of 21.21%. The business’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.88 EPS. equities research analysts anticipate that MKS Instruments, Inc. will post 5.89 EPS for the current year.

A number of brokerages have recently weighed in on MKSI. Stifel Nicolaus reissued a “buy” rating on shares of MKS Instruments in a research note on Sunday, October 1st. Deutsche Bank lifted their target price on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Dougherty & Co lifted their target price on shares of MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. ValuEngine cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, BidaskClub cut shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 2nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $109.75.

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in MKS Instruments by 3.5% in the 2nd quarter. Vanguard Group Inc. now owns 4,872,574 shares of the scientific and technical instruments company’s stock worth $327,924,000 after buying an additional 163,192 shares in the last quarter. State Street Corp increased its position in shares of MKS Instruments by 4.9% in the 2nd quarter. State Street Corp now owns 1,350,159 shares of the scientific and technical instruments company’s stock worth $90,865,000 after purchasing an additional 63,140 shares during the last quarter. Allianz Asset Management GmbH increased its position in shares of MKS Instruments by 121.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 869,399 shares of the scientific and technical instruments company’s stock worth $82,115,000 after purchasing an additional 476,810 shares during the last quarter. Northern Trust Corp increased its position in shares of MKS Instruments by 4.6% in the 2nd quarter. Northern Trust Corp now owns 742,249 shares of the scientific and technical instruments company’s stock worth $49,954,000 after purchasing an additional 32,701 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of MKS Instruments by 34.6% in the 3rd quarter. Principal Financial Group Inc. now owns 569,835 shares of the scientific and technical instruments company’s stock worth $53,822,000 after purchasing an additional 146,476 shares during the last quarter. Institutional investors and hedge funds own 95.42% of the company’s stock.

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MKS Instruments Company Profile

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

Insider Buying and Selling by Quarter for MKS Instruments (NASDAQ:MKSI)

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