Rudolph Technologies, Inc. (NYSE:RTEC) VP Robert Alan Koch sold 3,500 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $26.31, for a total transaction of $92,085.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Rudolph Technologies, Inc. (NYSE:RTEC) opened at $23.70 on Thursday. Rudolph Technologies, Inc. has a one year low of $20.30 and a one year high of $28.10. The company has a market cap of $745.45, a PE ratio of 23.60, a PEG ratio of 1.68 and a beta of 1.03.
Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings data 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. The company had revenue of $66.90 million during the quarter, compared to the consensus estimate of $66.25 million. Rudolph Technologies had a net margin of 15.99% and a return on equity of 10.49%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.29 EPS. research analysts predict that Rudolph Technologies, Inc. will post 1.04 earnings per share for the current year.
A number of research analysts have issued reports on RTEC shares. Zacks Investment Research lowered shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. B. Riley initiated coverage on shares of Rudolph Technologies in a report on Monday, September 11th. They issued a “buy” rating and a $30.00 target price on the stock. DA Davidson reaffirmed a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research note on Monday, September 18th. BidaskClub raised shares of Rudolph Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. Finally, Credit Suisse Group upped their price objective on shares of Rudolph Technologies from $23.00 to $24.00 and gave the company an “underperform” rating in a research note on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Rudolph Technologies has an average rating of “Hold” and a consensus target price of $28.00.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kalos Management Inc. acquired a new stake in Rudolph Technologies during the 3rd quarter worth approximately $330,000. Granahan Investment Management Inc. MA increased its position in Rudolph Technologies by 4.3% during the 3rd quarter. Granahan Investment Management Inc. MA now owns 294,878 shares of the scientific and technical instruments company’s stock worth $7,755,000 after purchasing an additional 12,154 shares in the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new stake in Rudolph Technologies during the 3rd quarter worth approximately $139,000. Allianz Asset Management GmbH increased its position in Rudolph Technologies by 29.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 403,284 shares of the scientific and technical instruments company’s stock worth $10,606,000 after purchasing an additional 91,751 shares in the last quarter. Finally, OxFORD Asset Management LLP increased its position in Rudolph Technologies by 7.4% during the 3rd quarter. OxFORD Asset Management LLP now owns 163,831 shares of the scientific and technical instruments company’s stock worth $4,272,000 after purchasing an additional 11,358 shares in the last quarter. 92.58% of the stock is owned by hedge funds and other institutional investors.
About Rudolph Technologies
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.
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