Mks Instruments Inc (MKSI) Files Form 4 Insider Selling : John R Abrams Sells 338 Shares

Mks Instruments Inc (MKSI): John R Abrams , Sr. VP, Global Sales & Service of Mks Instruments Inc sold 338 shares on Jun 2, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $40.85 per share for a total value of $13,807.30 , 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 31, 2016, Peter Hanley (director) sold 800 shares at $40.60 per share price.On May 17, 2016, Brian Charles Quirk (Sr. VP, Global Operations) sold 1,000 shares at $36.25 per share price.Also, 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.

Shares of MKS Instruments (MKSI) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -0.24% at $41.57 with 2,30,440 shares getting traded. Post opening the session at $41.28, the shares hit an intraday low of $40.33 and an intraday high of $41.74 and the price vacillated in this range throughout the day. The company has a market cap of $2,219 M and the number of outstanding shares has been calculated to be 5,33,73,754 shares. The 52-week high of MKS Instruments is $41.74 and the 52-week low is $29.

MKS Instruments Money Flow Index Chart

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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