Mks Instruments Inc (MKSI) Files Form 4 Insider Selling : Brian Charles Quirk Sells 1,000 Shares

Mks Instruments Inc (MKSI): Brian Charles Quirk , Sr. VP, Global Operations of Mks Instruments Inc sold 1,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $36.25 per share for a total value of $36,250.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Richard S Chute (director) sold 3,000 shares at $35.94 per share price.On May 9, 2016, Robert R Anderson (director) purchased 3,500 shares at $35.94 per share price.Also, On May 4, 2016, Peter Hanley (director) sold 323 shares at $36.60 per share price.On Mar 21, 2016, Brian Charles Quirk (Sr. VP, Global Operations) sold 1,000 shares at $36.00 per share price.

MKS Instruments: On Monday, May 16, 2016 heightened volatility was witnessed in MKS Instruments which led to swings in the share price. The shares opened for trading at $36.25 and hit $36.85 on the upside , eventually ending the session at $36.48, with a gain of 0.52% or 0.19 points. The heightened volatility saw the trading volume jump to 2,36,758 shares. The 52-week high of the share price is $39.65 and the company has a market cap of $1,947 M . The 52-week low of the share price is at $29.

MKS Instruments Money Flow Index Chart

On May 3, 2016, MKS Instruments announced a cash dividend of $0.1700. The company’s management has announced May 26, 2016 as the ex-dividend date and fixed the record date on May 30, 2016. The payable date has been fixed on Jun 10, 2016.

Company has been under the radar of several Street Analysts.MKS Instruments is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 49 from a previous price target of $43 .The Rating was issued on May 12, 2016.MKS Instruments is Reiterated by Dougherty & Company to Buy and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $42 .The Rating was issued on May 2, 2016.

MKS Instruments Inc. (MKS) is a provider of instruments subsystems and process control solutions that measures controls powers monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates in four segments: Advanced Manufacturing Capital Equipment; Analytical Solutions Group; Europe Region Sales & Service and Asia Region Sales & Service. The Advanced Manufacturing Capital Equipment segment includes the development manufacture sales and servicing of instruments and control products power and reactive gas products materials delivery products and vacuum products. The Analytical Solutions Group includes gas composition analysis information technology products and custom fabrication services. The Europe and Asia region sales and service segments resell and service the Advanced Manufacturing Capital Equipment and Analytical Solutions Group products sold into their respective regions.

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