MKS Instruments, Inc. (MKSI) CEO Gerard G. Colella Sells 5,000 Shares of Stock

MKS Instruments, Inc. (NASDAQ:MKSI) CEO Gerard G. Colella sold 5,000 shares of the firm’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $95.26, for a total transaction of $476,300.00. Following the sale, the chief executive officer now owns 5,025 shares in the company, valued at $478,681.50. 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 $3.00 during trading hours on Friday, hitting $97.20. 837,136 shares of the company were exchanged, compared to its average volume of 1,136,497. The firm has a market capitalization of $5,114.55, a price-to-earnings ratio of 17.81, a price-to-earnings-growth ratio of 1.02 and a beta of 1.04. MKS Instruments, Inc. has a fifty-two week low of $58.50 and a fifty-two week high of $110.60. The company has a current ratio of 4.23, a quick ratio of 3.10 and a debt-to-equity ratio of 0.29.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Monday, November 27th were given a $0.18 dividend. The ex-dividend date was Friday, November 24th. This represents a $0.72 dividend on an annualized basis and a yield of 0.74%. This is an increase from MKS Instruments’s previous quarterly dividend of $0.18. MKS Instruments’s dividend payout ratio (DPR) is 12.90%.

A number of equities research analysts recently commented on MKSI shares. Dougherty & Co raised their price objective on shares of MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Deutsche Bank raised their price objective on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Stifel Nicolaus restated a “buy” rating and set a $108.00 price objective (up from $98.00) on shares of MKS Instruments in a report on Tuesday, October 24th. BidaskClub lowered shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 2nd. Finally, ValuEngine lowered shares of MKS Instruments from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $109.75.

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in MKS Instruments by 3.5% in the second quarter. Vanguard Group Inc. now owns 4,872,574 shares of the scientific and technical instruments company’s stock valued at $327,924,000 after purchasing an additional 163,192 shares in the last quarter. State Street Corp grew its position in MKS Instruments by 4.9% in the second quarter. State Street Corp now owns 1,350,159 shares of the scientific and technical instruments company’s stock valued at $90,865,000 after purchasing an additional 63,140 shares in the last quarter. Allianz Asset Management GmbH grew its position in MKS Instruments by 121.5% in the third quarter. Allianz Asset Management GmbH now owns 869,399 shares of the scientific and technical instruments company’s stock valued at $82,115,000 after purchasing an additional 476,810 shares in the last quarter. Northern Trust Corp grew its position in MKS Instruments by 4.6% in the second quarter. Northern Trust Corp now owns 742,249 shares of the scientific and technical instruments company’s stock valued at $49,954,000 after purchasing an additional 32,701 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in MKS Instruments by 34.6% in the third quarter. Principal Financial Group Inc. now owns 569,835 shares of the scientific and technical instruments company’s stock valued at $53,822,000 after purchasing an additional 146,476 shares in the last quarter. 95.54% of the stock is owned by institutional investors and hedge funds.

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About MKS Instruments

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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