MKS Instruments, Inc. (NASDAQ:MKSI) Director Sells $27,225.00 in Stock

MKS Instruments, Inc. (NASDAQ:MKSI) Director Jacqueline F. Moloney sold 250 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $108.90, for a total value of $27,225.00. Following the completion of the sale, the director now owns 10,283 shares of the company’s stock, valued at approximately $1,119,818.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

MKS Instruments Stock Performance

Shares of NASDAQ:MKSI opened at $105.85 on Thursday. MKS Instruments, Inc. has a 12 month low of $63.44 and a 12 month high of $147.40. The firm’s 50-day moving average is $112.85 and its 200 day moving average is $122.77. The company has a market capitalization of $7.10 billion, a price-to-earnings ratio of -3.97, a PEG ratio of 0.77 and a beta of 1.64. The company has a current ratio of 3.58, a quick ratio of 2.31 and a debt-to-equity ratio of 2.16.

MKS Instruments (NASDAQ:MKSI) last issued its earnings results on Wednesday, August 7th. The scientific and technical instruments company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.51. The firm had revenue of $887.00 million during the quarter, compared to analyst estimates of $866.38 million. MKS Instruments had a net margin of 0.25% and a return on equity of 14.91%. The business’s revenue was down 11.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.32 earnings per share. Research analysts predict that MKS Instruments, Inc. will post 5.6 EPS for the current year.

MKS Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Monday, August 26th were issued a dividend of $0.22 per share. The ex-dividend date was Monday, August 26th. This represents a $0.88 annualized dividend and a yield of 0.83%. MKS Instruments’s payout ratio is currently -3.30%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on MKSI shares. Morgan Stanley began coverage on shares of MKS Instruments in a research note on Monday, August 5th. They issued an “overweight” rating and a $155.00 price objective for the company. Benchmark reiterated a “buy” rating and issued a $142.00 price target on shares of MKS Instruments in a research note on Thursday, August 8th. Cantor Fitzgerald started coverage on MKS Instruments in a research note on Tuesday, September 10th. They set an “overweight” rating and a $140.00 target price on the stock. TD Cowen boosted their price target on shares of MKS Instruments from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, June 12th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on MKS Instruments from $140.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, August 9th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, MKS Instruments currently has a consensus rating of “Moderate Buy” and a consensus target price of $142.00.

Institutional Trading of MKS Instruments

Hedge funds have recently added to or reduced their stakes in the business. Atlas Capital Advisors LLC purchased a new stake in shares of MKS Instruments during the 1st quarter worth $25,000. Allspring Global Investments Holdings LLC purchased a new position in shares of MKS Instruments in the first quarter worth $25,000. Rise Advisors LLC acquired a new stake in shares of MKS Instruments during the first quarter worth $26,000. Massmutual Trust Co. FSB ADV grew its holdings in shares of MKS Instruments by 196.9% during the third quarter. Massmutual Trust Co. FSB ADV now owns 288 shares of the scientific and technical instruments company’s stock valued at $31,000 after buying an additional 191 shares during the last quarter. Finally, Key Financial Inc acquired a new position in shares of MKS Instruments in the 2nd quarter valued at $39,000. 99.79% of the stock is owned by hedge funds and other institutional investors.

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.