Nanometrics Inc. (NASDAQ:NANO) shares saw an uptick in trading volume on Monday . 220,809 shares traded hands during trading, an increase of 28% from the previous session’s volume of 172,197 shares.The stock last traded at $22.24 and had previously closed at $21.88.

Several equities research analysts recently issued reports on the stock. Stifel Nicolaus reaffirmed a “buy” rating and issued a $21.00 price objective on shares of Nanometrics in a research note on Wednesday, June 1st. TheStreet raised shares of Nanometrics from a “hold” rating to a “buy” rating in a research note on Tuesday, April 26th. Zacks Investment Research lowered shares of Nanometrics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 6th. Finally, Benchmark Co. lifted their price objective on shares of Nanometrics to $18.50 and gave the company a “buy” rating in a research note on Tuesday, March 29th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Nanometrics currently has a consensus rating of “Buy” and an average price target of $20.83.

The stock has a market cap of $543.85 million and a PE ratio of 147.62. The company has a 50-day moving average of $20.30 and a 200 day moving average of $16.53.

Nanometrics (NASDAQ:NANO) last issued its quarterly earnings results on Tuesday, April 26th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.10. The firm earned $47.49 million during the quarter, compared to analyst estimates of $46.25 million. The firm’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.14 EPS. Analysts expect that Nanometrics Inc. will post $1.07 earnings per share for the current fiscal year.

In other news, VP Stanislaw M. Borowicz sold 5,000 shares of Nanometrics stock in a transaction on Wednesday, April 27th. The shares were sold at an average price of $18.15, for a total value of $90,750.00. Following the completion of the sale, the vice president now owns 49,560 shares in the company, valued at approximately $899,514. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bruce C. Rhine sold 10,000 shares of Nanometrics stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $20.08, for a total transaction of $200,800.00. Following the completion of the sale, the director now owns 803,329 shares of the company’s stock, valued at approximately $16,130,846.32. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Nanometrics stock. Dimensional Fund Advisors LP increased its stake in shares of Nanometrics Inc. (NASDAQ:NANO) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 828,108 shares of the company’s stock after buying an additional 5,941 shares during the period. Dimensional Fund Advisors LP owned about 3.42% of Nanometrics worth $12,538,000 as of its most recent filing with the SEC.

Nanometrics Incorporated (Nanometrics) provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness LEDs (HB-LED), discrete components and data storage devices. The Company’s automated and integrated systems address numerous process control applications, including critical dimension and film thickness measurement, device topography, defect inspection, and analysis of various other film properties, such as optical, electrical and material characteristics.

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