Filings Don’t Lie: Rudolph Technologies Inc: Gagnon Neil Opened Big New Position

Filings Don't Lie: Rudolph Technologies Inc: Gagnon Neil Opened Big New Position

The New Gagnon Neil Holding in Rudolph Technologies Inc

Gagnon Neil filed with the SEC SC 13G/A form for Rudolph Technologies Inc. The form can be accessed here: 000101905616001618. As reported in Gagnon Neil’s form, the filler as of late owns 4.97% or 1,538,759 shares of the Information Technology–company.

Rudolph Technologies Inc stake is a new one for the and it was filed because of activity on October 28, 2016. We feel this shows Gagnon Neil’s positive view for the stock.

Rudolph Technologies Inc Institutional Sentiment

Latest Security and Exchange filings show 141 investors own Rudolph Technologies Inc. The institutional ownership in Q3 2015 is high, at 88.80% of the outstanding shares. This is decreased by 663542 the total institutional shares. 27474771 were the shares owned by these institutional investors. In total 19 funds opened new Rudolph Technologies Inc stakes, 55 increased stakes. There were 12 that closed positions and 44 reduced them.

3 managers had the stock in their top Ten. Notable investors are: Gagnon Advisors Llc, Pacific Ridge Capital Partners Llc, Gagnon Securities Llc..

Perritt Capital Management Inc is an institutional investor bullish on Rudolph Technologies Inc, owning 392609 shares as of Q3 2015 for 1.03% of its portfolio. Tanaka Capital Management Inc owns 71034 shares or 2.24% of its portfolio. NY Gagnon Advisors Llc have 6.46% of their stock portfolio for 637573 shares. Further, Gagnon Securities Llc reported stake worth 4.80% of its US stock portfolio. The OR Pacific Ridge Capital Partners Llc owns 375960 shares. Rudolph Technologies Inc is 2.30% of the manager’s US portfolio.

Business Profile

Rudolph Technologies, Inc. (Rudolph) is engaged in the design, development, manufacture and support of defect inspection, packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The Company operates in a segment of the design, development, manufacture and support of process control defect inspection and metrology; packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. It offers Process Control Business, Lithography Business and Integrated Software Solutions. It provides process and yield management solutions used in both wafer processing and final manufacturing through a family of systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements. Rudolph markets and sells products to logic, memory, data storage, flat panel and application-specific integrated circuit (ASIC) device manufacturers.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 1.19 in 2016 Q2. Its down 0.38, from 1.57 in 2016Q1. The ratio is negative, as 15 funds sold all Rudolph Technologies Inc shares owned while 52 reduced positions. 23 funds bought stakes while 57 increased positions. They now own 27.82 million shares or 8.04% less from 30.25 million shares in 2016Q1.

Vanguard Grp holds 0% of its portfolio in Rudolph Technologies Inc (NYSE:RTEC) for 1.49 million shares. The Illinois-based Northern has invested 0% in Rudolph Technologies Inc (NYSE:RTEC). Swiss Fincl Bank accumulated 0% or 47,500 shares. California Pub Employees Retirement System last reported 68,400 shares in the company. Etrade Cap Management Ltd Liability accumulated 0.05% or 59,277 shares. Moreover, Arizona State Retirement Sys has 0% invested in Rudolph Technologies Inc (NYSE:RTEC) for 16,024 shares. First Quadrant Lp Ca owns 23,700 shares or 0.01% of their US portfolio. Renaissance Technology Limited Com accumulated 0.02% or 579,036 shares. Int Gp accumulated 22,446 shares or 0% of the stock. New York State Teachers Retirement System reported 113,586 shares or 0% of all its holdings. Bancorp Of America De, a North Carolina-based fund reported 22,102 shares. Moreover, Tanaka Mgmt has 2.94% invested in Rudolph Technologies Inc (NYSE:RTEC) for 73,649 shares. Intrust Financial Bank Na has 0.14% invested in the company for 22,440 shares. Blackrock Grp last reported 31,419 shares in the company. The Mississippi-based Hancock Com has invested 0.08% in Rudolph Technologies Inc (NYSE:RTEC).

Insider Transactions: Since May 16, 2016, the stock had 1 buy, and 8 sales for $894,320 net activity. SONDERMAN THOMAS had sold 1,000 shares worth $17,180. 2,337 shares with value of $33,629 were sold by Roy Rajiv on Wednesday, May 25. BERRY DANIEL H had sold 5,000 shares worth $71,742 on Tuesday, May 24. 7,500 Rudolph Technologies Inc (NYSE:RTEC) shares with value of $129,300 were sold by WHITTEN JOHN R. 15,000 shares with value of $255,000 were sold by ROTH STEVEN R on Tuesday, August 2. $222,700 worth of Rudolph Technologies Inc (NYSE:RTEC) was sold by BERLINGHIERI LEO on Friday, August 5.

Analysts await Rudolph Technologies Inc (NYSE:RTEC) to report earnings on November, 7. They expect $0.27 EPS, up 12.50% or $0.03 from last year’s $0.24 per share. RTEC’s profit will be $8.26M for 16.53 P/E if the $0.27 EPS becomes a reality. After $0.28 actual EPS reported by Rudolph Technologies Inc for the previous quarter, Wall Street now forecasts -3.57% negative EPS growth.

The stock decreased 1.11% or $0.2 during the last trading session, hitting $17.85. About 328,613 shares traded hands or 44.22% up from the average. Rudolph Technologies Inc (NYSE:RTEC) has risen 35.82% since April 4, 2016 and is uptrending. It has outperformed by 34.73% the S&P500.

Rudolph Technologies, Inc. is engaged in the design, development, manufacture and support of defect inspection, packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The company has a market cap of $546.18 million. The Firm operates in a segment of the design, development, manufacture and support of process control defect inspection and metrology; packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. It has a 17.96 P/E ratio. It offers Process Control Business, Lithography Business and Integrated Software Solutions.

Rudolph Technologies Inc (NYSE:RTEC) Ratings Coverage

Out of 5 analysts covering Rudolph Tech (NYSE:RTEC), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. $19 is the highest target while $15.0 is the lowest. The $16.67 average target is -6.61% below today’s ($17.85) stock price. Rudolph Tech has been the topic of 6 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Stifel Nicolaus on Tuesday, May 3. The rating was upgraded by Credit Suisse on Tuesday, August 4 to “Neutral”. DA Davidson maintained it with “Buy” rating and $19 target price in Tuesday, May 3 report. The rating was downgraded by Dougherty & Company to “Neutral” on Friday, July 29. The company was upgraded on Tuesday, August 4 by Barrington Research. Stifel Nicolaus upgraded Rudolph Technologies Inc (NYSE:RTEC) on Thursday, January 14 to “Buy” rating.

More news for Rudolph Technologies Inc (NYSE:RTEC) were recently published by: Quotes.Wsj.com, which released: “News Rudolph Technologies Inc.RTEC” on February 13, 2011. Zacks.com‘s article titled: “Rudolph Technologies is Now a Strong Buy: Should You Add?” and published on September 27, 2016 is yet another important article.

According to Zacks Investment Research, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions.”

RTEC Company Profile

Rudolph Technologies, Inc. (Rudolph), incorporated on June 13, 1996, is engaged in the design, development, manufacture and support of defect inspection, packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The Firm operates in a segment of the design, development, manufacture and support of process control defect inspection and metrology; packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Firm offers Process Control Business, Lithography Business and Integrated Software Solutions. The Firm provides process and yield management solutions used in both wafer processing and final manufacturing through a family of systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements. Rudolph markets and sells products to logic, memory, data storage, flat panel and application-specific integrated circuit (ASIC) device manufacturers.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment