WCM Investment Management LLC Buys 7,136 Shares of MKS Instruments, Inc. (NASDAQ:MKSI)

WCM Investment Management LLC boosted its position in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 25.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,069 shares of the scientific and technical instruments company’s stock after acquiring an additional 7,136 shares during the period. WCM Investment Management LLC owned 0.05% of MKS Instruments worth $3,650,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Nordea Investment Management AB raised its position in shares of MKS Instruments by 10.4% during the 4th quarter. Nordea Investment Management AB now owns 2,525,037 shares of the scientific and technical instruments company’s stock valued at $265,874,000 after purchasing an additional 237,979 shares during the period. State Street Corp raised its holdings in MKS Instruments by 3.5% during the third quarter. State Street Corp now owns 1,954,881 shares of the scientific and technical instruments company’s stock valued at $212,515,000 after acquiring an additional 65,200 shares during the period. Geode Capital Management LLC lifted its position in shares of MKS Instruments by 4.6% in the third quarter. Geode Capital Management LLC now owns 1,172,517 shares of the scientific and technical instruments company’s stock valued at $127,496,000 after acquiring an additional 51,519 shares in the last quarter. Barclays PLC boosted its stake in shares of MKS Instruments by 108.6% in the third quarter. Barclays PLC now owns 1,019,134 shares of the scientific and technical instruments company’s stock worth $110,789,000 after acquiring an additional 530,620 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of MKS Instruments by 7.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 663,414 shares of the scientific and technical instruments company’s stock worth $72,120,000 after purchasing an additional 45,862 shares in the last quarter. Hedge funds and other institutional investors own 99.79% of the company’s stock.

Insider Buying and Selling

In other MKS Instruments news, Director Jacqueline F. Moloney sold 300 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $114.80, for a total value of $34,440.00. Following the completion of the sale, the director now owns 9,983 shares of the company’s stock, valued at $1,146,048.40. This trade represents a 2.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Elizabeth Mora sold 275 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $113.41, for a total value of $31,187.75. Following the transaction, the director now owns 17,659 shares of the company’s stock, valued at $2,002,707.19. This trade represents a 1.53 % decrease in their position. The disclosure for this sale can be found here. 0.46% of the stock is owned by corporate insiders.

MKS Instruments Price Performance

NASDAQ:MKSI opened at $109.38 on Monday. The firm has a market capitalization of $7.36 billion, a price-to-earnings ratio of 243.07, a PEG ratio of 0.55 and a beta of 1.66. The company has a debt-to-equity ratio of 1.98, a current ratio of 3.42 and a quick ratio of 2.21. The business has a 50 day simple moving average of $111.52 and a 200-day simple moving average of $110.69. MKS Instruments, Inc. has a 1 year low of $97.54 and a 1 year high of $147.40.

Analyst Ratings Changes

A number of research analysts recently commented on MKSI shares. Needham & Company LLC reissued a “buy” rating and issued a $156.00 price target on shares of MKS Instruments in a report on Wednesday, January 15th. The Goldman Sachs Group lowered their target price on shares of MKS Instruments from $143.00 to $128.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. Benchmark reaffirmed a “buy” rating and set a $142.00 target price on shares of MKS Instruments in a research note on Monday, November 18th. JPMorgan Chase & Co. started coverage on shares of MKS Instruments in a research note on Friday, December 13th. They issued an “overweight” rating and a $145.00 price target on the stock. Finally, Citigroup upgraded MKS Instruments from a “neutral” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $141.75.

About MKS Instruments

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.