Pacific Ridge Capital Partners LLC Sells 1,370 Shares of Rudolph Technologies Inc (NYSE:RTEC)

Pacific Ridge Capital Partners LLC lessened its stake in shares of Rudolph Technologies Inc (NYSE:RTEC) by 3.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,500 shares of the scientific and technical instruments company’s stock after selling 1,370 shares during the quarter. Pacific Ridge Capital Partners LLC owned about 0.13% of Rudolph Technologies worth $946,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its stake in shares of Rudolph Technologies by 529.3% during the first quarter. Quadrant Capital Group LLC now owns 1,183 shares of the scientific and technical instruments company’s stock valued at $25,000 after acquiring an additional 995 shares during the last quarter. AlphaOne Investment Services LLC bought a new stake in Rudolph Technologies during the 4th quarter valued at $34,000. First Mercantile Trust Co. bought a new stake in shares of Rudolph Technologies in the 4th quarter worth $50,000. Quantamental Technologies LLC bought a new stake in shares of Rudolph Technologies in the 4th quarter worth $83,000. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Rudolph Technologies by 2,950.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,559 shares of the scientific and technical instruments company’s stock worth $150,000 after buying an additional 6,344 shares in the last quarter. Institutional investors and hedge funds own 93.26% of the company’s stock.

Shares of RTEC traded down $0.79 during midday trading on Friday, reaching $27.63. The stock had a trading volume of 1,546,200 shares, compared to its average volume of 193,691. Rudolph Technologies Inc has a 52 week low of $18.13 and a 52 week high of $30.90. The company has a quick ratio of 5.71, a current ratio of 8.06 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average of $24.27. The firm has a market cap of $846.40 million, a P/E ratio of 19.46, a P/E/G ratio of 2.37 and a beta of 0.92.

Rudolph Technologies (NYSE:RTEC) last announced its earnings results on Monday, May 6th. The scientific and technical instruments company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. Rudolph Technologies had a return on equity of 10.48% and a net margin of 14.35%. The company had revenue of $60.89 million for the quarter, compared to analyst estimates of $59.53 million. During the same period in the previous year, the firm earned $0.51 earnings per share. Rudolph Technologies’s revenue for the quarter was down 16.7% compared to the same quarter last year. Sell-side analysts expect that Rudolph Technologies Inc will post 1.15 earnings per share for the current year.

About Rudolph Technologies

Rudolph Technologies, Inc designs, develops, manufactures, and supports process control defect inspection and metrology, advanced packaging lithography, and process control software systems used by microelectronic device manufacturers. It offers process and yield management solutions used in bare silicon wafer production and processing facilities, and device packaging and test facilities through standalone systems for macro-defect inspection, packaging lithography, probe card test and analysis, and transparent and opaque thin film measurements.

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Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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