Crossmark Global Holdings Inc. bought a new position in shares of Rudolph Technologies, Inc. (NYSE:RTEC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,100 shares of the scientific and technical instruments company’s stock, valued at approximately $292,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in RTEC. State of Alaska Department of Revenue boosted its position in Rudolph Technologies by 80.0% during the second quarter. State of Alaska Department of Revenue now owns 6,210 shares of the scientific and technical instruments company’s stock worth $141,000 after acquiring an additional 2,760 shares during the last quarter. Acadian Asset Management LLC raised its stake in Rudolph Technologies by 533.0% during the second quarter. Acadian Asset Management LLC now owns 7,748 shares of the scientific and technical instruments company’s stock worth $177,000 after purchasing an additional 6,524 shares during the period. Victory Capital Management Inc. raised its stake in Rudolph Technologies by 17.6% during the second quarter. Victory Capital Management Inc. now owns 9,387 shares of the scientific and technical instruments company’s stock worth $214,000 after purchasing an additional 1,408 shares during the period. BNP Paribas Arbitrage SA raised its stake in Rudolph Technologies by 29.9% during the second quarter. BNP Paribas Arbitrage SA now owns 9,433 shares of the scientific and technical instruments company’s stock worth $216,000 after purchasing an additional 2,170 shares during the period. Finally, Trexquant Investment LP purchased a new position in Rudolph Technologies during the second quarter worth approximately $229,000. Hedge funds and other institutional investors own 92.77% of the company’s stock.

In other news, VP Robert Alan Koch sold 3,500 shares of the firm’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $26.31, for a total value of $92,085.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Silveira Elvino M. Da sold 10,000 shares of the firm’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $26.29, for a total transaction of $262,900.00. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.

Rudolph Technologies, Inc. (NYSE:RTEC) traded down $0.60 during trading hours on Wednesday, reaching $25.95. 833,400 shares of the company’s stock were exchanged, compared to its average volume of 232,300. The stock has a market capitalization of $838.63, a P/E ratio of 26.20, a P/E/G ratio of 1.85 and a beta of 1.08. Rudolph Technologies, Inc. has a 12 month low of $18.85 and a 12 month high of $28.10.

Rudolph Technologies (NYSE:RTEC) last issued its earnings results on Monday, October 30th. The scientific and technical instruments company reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.02. Rudolph Technologies had a net margin of 15.99% and a return on equity of 10.49%. The business had revenue of $66.90 million for the quarter, compared to the consensus estimate of $66.25 million. During the same quarter last year, the firm posted $0.29 EPS. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. analysts forecast that Rudolph Technologies, Inc. will post 1.05 EPS for the current year.

RTEC has been the topic of a number of recent analyst reports. BidaskClub downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Credit Suisse Group increased their price target on shares of Rudolph Technologies from $23.00 to $24.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 31st. Zacks Investment Research downgraded shares of Rudolph Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. B. Riley reaffirmed a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research note on Tuesday, October 31st. Finally, DA Davidson reaffirmed a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research note on Monday, September 18th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Rudolph Technologies currently has a consensus rating of “Hold” and an average target price of $28.00.

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Rudolph Technologies Company Profile

Rudolph Technologies, Inc (Rudolph) is engaged in the design, development, manufacture and support of process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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