MKS Instruments, Inc. (NASDAQ:MKSI), saw an insider improve his stakes in the company through a series of transactions first initiated last week on August 8th, and officially filed today, August 12th. Director Robert R. Anderson bought 5,931 shares at prices ranging from $15.84 to $24.35 per share. Following these purchases, Anderson now holds a total of 20,336.548 shares directly.
A $1.72 billion market cap company, MKS Instruments, Inc. (NASDAQ:MKSI) is a provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze parameters of manufacturing processes. It also provides services relating to the maintenance and repair of its products, software maintenance, installation services and training.
In addition, while there are multiple outsiders involved with the company, one in particular has by far the most substantial stake. Chuck Royce‘s Royce & Associates fund reported a 1% increase in its activity last quarter, and now holds 8,019,000 shares worth about $239.7 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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