Federated Investors Inc. PA grew its holdings in Nanometrics Incorporated (NASDAQ:NANO) by 235.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,676 shares of the semiconductor company’s stock after buying an additional 18,019 shares during the quarter. Federated Investors Inc. PA owned 0.10% of Nanometrics worth $649,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. State of Alaska Department of Revenue grew its holdings in shares of Nanometrics by 79.4% in the 2nd quarter. State of Alaska Department of Revenue now owns 4,988 shares of the semiconductor company’s stock worth $126,000 after purchasing an additional 2,208 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of Nanometrics by 15.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,812 shares of the semiconductor company’s stock worth $147,000 after purchasing an additional 626 shares during the last quarter. LS Investment Advisors LLC grew its holdings in shares of Nanometrics by 643.3% in the 1st quarter. LS Investment Advisors LLC now owns 5,783 shares of the semiconductor company’s stock worth $176,000 after purchasing an additional 5,005 shares during the last quarter. Mason Street Advisors LLC grew its holdings in shares of Nanometrics by 8.0% in the 1st quarter. Mason Street Advisors LLC now owns 5,883 shares of the semiconductor company’s stock worth $179,000 after purchasing an additional 438 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in shares of Nanometrics by 29.6% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 7,000 shares of the semiconductor company’s stock worth $213,000 after purchasing an additional 1,600 shares during the last quarter. Institutional investors own 81.28% of the company’s stock.

In other Nanometrics news, CEO Timothy J. Stultz sold 20,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $26.17, for a total transaction of $523,400.00. Following the completion of the transaction, the chief executive officer now owns 300,651 shares of the company’s stock, valued at $7,868,036.67. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Janet Therese Taylor sold 2,505 shares of the business’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $25.65, for a total value of $64,253.25. Following the transaction, the general counsel now directly owns 35,833 shares of the company’s stock, valued at approximately $919,116.45. The disclosure for this sale can be found here. In the last ninety days, insiders sold 64,545 shares of company stock valued at $1,668,963. 6.70% of the stock is owned by insiders.

WARNING: This report was reported by Daily Political and is the property of of Daily Political. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at https://www.dailypolitical.com/2017/09/20/federated-investors-inc-pa-acquires-18019-shares-of-nanometrics-incorporated-nano.html.

NANO has been the topic of several analyst reports. Stifel Nicolaus raised shares of Nanometrics from a “hold” rating to a “buy” rating and upped their target price for the stock from $29.00 to $31.00 in a report on Friday, June 16th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Nanometrics from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Benchmark Co. reaffirmed a “buy” rating and issued a $34.00 target price on shares of Nanometrics in a report on Wednesday, August 2nd. Finally, BidaskClub lowered shares of Nanometrics from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $31.50.

Shares of Nanometrics Incorporated (NANO) opened at 27.42 on Wednesday. The company has a market cap of $699.07 million, a price-to-earnings ratio of 14.59 and a beta of 1.74. Nanometrics Incorporated has a 12-month low of $18.65 and a 12-month high of $32.42. The stock has a 50 day moving average of $25.76 and a 200 day moving average of $27.50.

Nanometrics (NASDAQ:NANO) last posted its quarterly earnings results on Tuesday, August 1st. The semiconductor company reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.01). The company had revenue of $64.43 million during the quarter, compared to analyst estimates of $66.37 million. Nanometrics had a net margin of 19.94% and a return on equity of 11.95%. The firm’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same period last year, the firm earned $0.26 EPS. On average, equities analysts expect that Nanometrics Incorporated will post $1.20 earnings per share for the current fiscal year.

Nanometrics Company Profile

Nanometrics Incorporated is a provider of process control metrology and inspection systems used primarily in the fabrication of semiconductors and other solid-state devices, including sensors, optoelectronic devices, high-brightness (HB) light emitting diodes (LEDs), discretes and data storages components.

Institutional Ownership by Quarter for Nanometrics (NASDAQ:NANO)

Receive News & Ratings for Nanometrics Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nanometrics Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.