A Director at Nanometrics Inc is Exercising Options


Today it was reported that a Director at Nanometrics Inc (NASDAQ: NANO), Bruce Rhine, exercised options to sell 3,655 NANO shares at $14.80 a share, for a total transaction value of $155.9K.

Following Bruce Rhine’s last NANO Sell transaction on May 08, 2018, the stock climbed by 6.6%.

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Based on Nanometrics Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $88.6 million and quarterly net profit of $17.68 million. In comparison, last year the company earned revenue of $64.43 million and had a net profit of $8.29 million. NANO’s market cap is $1.03B and the company has a P/E ratio of 20.55. Currently, Nanometrics Inc has an average volume of 346.1K.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy NANO with a $43 price target. Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $41.67, reflecting a 0.1% upside.

The insider sentiment on Nanometrics Inc has been negative according to 49 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Nanometrics, Inc. engages in the production of process control metrology and inspection systems used in the fabrication of semiconductors and other solid-state devices. It operates through the following geographical segments: South Korea; China; Singapore; United States; Taiwan; Japan; and Others.

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