MKS Inc. (NASDAQ:MKSI – Get Free Report) EVP Kathleen Flaherty Burke sold 4,355 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $319.94, for a total transaction of $1,393,338.70. Following the sale, the executive vice president owned 49,439 shares of the company’s stock, valued at approximately $15,817,513.66. This represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Kathleen Flaherty Burke also recently made the following trade(s):
- On Friday, February 20th, Kathleen Flaherty Burke sold 4,254 shares of MKS stock. The stock was sold at an average price of $250.00, for a total transaction of $1,063,500.00.
MKS Trading Down 4.0%
Shares of MKS stock traded down $12.73 during trading on Tuesday, reaching $306.98. 988,835 shares of the stock were exchanged, compared to its average volume of 1,410,819. The company has a quick ratio of 0.70, a current ratio of 1.11 and a debt-to-equity ratio of 0.94. The stock’s fifty day moving average is $251.77 and its 200 day moving average is $208.07. The firm has a market cap of $20.73 billion, a price-to-earnings ratio of 64.37, a price-to-earnings-growth ratio of 1.62 and a beta of 1.98. MKS Inc. has a 1 year low of $80.22 and a 1 year high of $326.83.
Hedge Funds Weigh In On MKS
Institutional investors and hedge funds have recently made changes to their positions in the business. USA Financial Formulas bought a new position in shares of MKS during the fourth quarter valued at approximately $26,000. Global Retirement Partners LLC increased its stake in shares of MKS by 560.0% during the fourth quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 140 shares in the last quarter. IFP Advisors Inc increased its stake in shares of MKS by 616.7% during the fourth quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 148 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of MKS by 74.5% during the third quarter. Smartleaf Asset Management LLC now owns 260 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 111 shares in the last quarter. Finally, Danske Bank A S bought a new position in shares of MKS during the third quarter valued at approximately $37,000. Institutional investors own 99.79% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. The Goldman Sachs Group reiterated a “sell” rating and set a $265.00 target price on shares of MKS in a report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $380.00 price target on shares of MKS in a research note on Friday. Cantor Fitzgerald increased their price target on shares of MKS from $300.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Citigroup increased their price target on shares of MKS from $290.00 to $355.00 and gave the stock a “buy” rating in a research note on Friday. Finally, TD Cowen reissued a “buy” rating on shares of MKS in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $317.23.
Check Out Our Latest Report on MKSI
About MKS
MKS Instruments, Inc (NASDAQ: MKSI) designs, manufactures and markets technology solutions that enable advanced processes in a variety of high‐technology and industrial markets. The company’s core offerings include vacuum and gas delivery systems, pressure and flow measurement instruments, optical metrology tools, photonics subsystems and critical components for manufacturing processes. These products support the precise control and monitoring needs of semiconductor, industrial manufacturing, life and health sciences, and research applications.
The company’s product portfolio features mass flow controllers, pressure transducers, vacuum gauges, gas purity monitors, laser-based metrology systems and photonic devices such as lasers and detectors.
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