EAM Global Investors LLC lowered its position in shares of Nanometrics Incorporated (NASDAQ:NANO) by 33.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 25,438 shares of the semiconductor company’s stock after selling 13,013 shares during the quarter. EAM Global Investors LLC owned about 0.11% of Nanometrics worth $954,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC purchased a new stake in shares of Nanometrics during the 3rd quarter worth about $128,000. Sei Investments Co. lifted its position in Nanometrics by 12,967.9% during the 2nd quarter. Sei Investments Co. now owns 3,659 shares of the semiconductor company’s stock worth $129,000 after acquiring an additional 3,631 shares in the last quarter. Advisors Preferred LLC acquired a new position in Nanometrics during the 2nd quarter worth approximately $167,000. Piedmont Investment Advisors LLC acquired a new position in Nanometrics during the 2nd quarter worth approximately $196,000. Finally, Pinebridge Investments L.P. acquired a new position in Nanometrics during the 2nd quarter worth approximately $198,000. Institutional investors and hedge funds own 84.07% of the company’s stock.

In other Nanometrics news, General Counsel Janet Therese Taylor sold 2,305 shares of the company’s stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $44.78, for a total value of $103,217.90. Following the transaction, the general counsel now directly owns 33,056 shares of the company’s stock, valued at approximately $1,480,247.68. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 6.90% of the company’s stock.

Several equities analysts recently commented on the company. ValuEngine lowered Nanometrics from a “buy” rating to a “hold” rating in a research report on Wednesday, September 12th. BidaskClub lowered Nanometrics from a “hold” rating to a “sell” rating in a research report on Thursday, September 13th. Benchmark reissued a “buy” rating and set a $43.00 price target on shares of Nanometrics in a research report on Friday, October 5th. Zacks Investment Research lowered Nanometrics from a “hold” rating to a “sell” rating in a research report on Friday, November 2nd. Finally, Stifel Nicolaus raised Nanometrics from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a research report on Wednesday, October 31st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $34.00.

Nanometrics stock opened at $30.60 on Tuesday. The company has a market cap of $764.00 million, a P/E ratio of 13.26, a P/E/G ratio of 1.17 and a beta of 1.79. Nanometrics Incorporated has a one year low of $22.08 and a one year high of $48.26.

Nanometrics (NASDAQ:NANO) last released its quarterly earnings results on Tuesday, October 30th. The semiconductor company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.45 by $0.02. Nanometrics had a return on equity of 21.49% and a net margin of 17.32%. The firm had revenue of $76.60 million for the quarter, compared to analyst estimates of $74.43 million. During the same period in the previous year, the company posted $0.22 EPS. Nanometrics’s revenue for the quarter was up 35.1% on a year-over-year basis. Analysts predict that Nanometrics Incorporated will post 2.24 earnings per share for the current fiscal year.

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Nanometrics Profile

Nanometrics Incorporated provides process control metrology and inspection systems for use primarily in the fabrication of semiconductors and other solid-state devices worldwide. It offers automated metrology systems that provide optical critical dimension, thin film metrology, and wafer stress for transistor and interconnect metrology applications; and integrated metrology systems that are installed onto wafer processing equipment to provide near real-time measurements.

Further Reading: Balanced Fund

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Institutional Ownership by Quarter for Nanometrics (NASDAQ:NANO)

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