Rudolph Technologies Inc (NYSE:RTEC) insider Steven R. Roth sold 18,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $26.01, for a total transaction of $468,180.00. Following the sale, the insider now directly owns 74,073 shares of the company’s stock, valued at approximately $1,926,638.73. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Rudolph Technologies Inc (NYSE:RTEC) opened at $26.00 on Friday. The company has a market cap of $831.29, a P/E ratio of 23.91, a PEG ratio of 1.79 and a beta of 1.13. Rudolph Technologies Inc has a 52-week low of $21.00 and a 52-week high of $28.50.
Rudolph Technologies (NYSE:RTEC) last announced its quarterly earnings data on Thursday, February 1st. The scientific and technical instruments company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.25 by $0.04. The company had revenue of $60.08 million during the quarter, compared to the consensus estimate of $60.79 million. Rudolph Technologies had a net margin of 12.90% and a return on equity of 11.08%. The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.21 EPS. equities research analysts predict that Rudolph Technologies Inc will post 1.47 earnings per share for the current year.
Several institutional investors and hedge funds have recently modified their holdings of the stock. MetLife Investment Advisors LLC bought a new position in shares of Rudolph Technologies in the 4th quarter worth $313,000. Millennium Management LLC lifted its holdings in shares of Rudolph Technologies by 530.3% in the 4th quarter. Millennium Management LLC now owns 208,511 shares of the scientific and technical instruments company’s stock worth $4,983,000 after purchasing an additional 175,428 shares in the last quarter. TIAA CREF Investment Management LLC lifted its holdings in shares of Rudolph Technologies by 19.4% in the 4th quarter. TIAA CREF Investment Management LLC now owns 326,855 shares of the scientific and technical instruments company’s stock worth $7,812,000 after purchasing an additional 53,100 shares in the last quarter. Two Sigma Investments LP lifted its holdings in shares of Rudolph Technologies by 64.3% in the 4th quarter. Two Sigma Investments LP now owns 71,991 shares of the scientific and technical instruments company’s stock worth $1,721,000 after purchasing an additional 28,176 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its holdings in shares of Rudolph Technologies by 1.4% in the 4th quarter. Two Sigma Advisers LP now owns 258,850 shares of the scientific and technical instruments company’s stock worth $6,187,000 after purchasing an additional 3,538 shares in the last quarter. Institutional investors own 89.08% of the company’s stock.
Several analysts have recently commented on RTEC shares. B. Riley reaffirmed a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research report on Tuesday, October 31st. DA Davidson reaffirmed a “buy” rating and set a $33.00 price objective on shares of Rudolph Technologies in a research report on Wednesday, January 17th. Zacks Investment Research raised shares of Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Friday, February 9th. Stifel Nicolaus raised their price objective on shares of Rudolph Technologies from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Finally, BidaskClub downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $29.67.
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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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