Mattson Technology (NASDAQ:MTSN) designs, manufactures, markets, and supports semiconductor wafer processing equipment used in the fabrication of integrated circuits worldwide.
Insider buying during the last 30 days
Here is a table of Mattson Technology's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Tyler Purvis||CAO||May 1||5,000||25,000 shares||+25.0%|
|Michael Dodson||CFO||May 1||20,000||70,000 shares||+40.0%|
|Fusen Chen||CEO||May 1||20,000||163,750 shares||+13.9%|
There have been 45,000 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of Mattson Technology's insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 277,000 shares purchased, and there have been zero shares sold by insiders since January 2013.
Mattson Technology reported the first-quarter financial results on April 24 with the following highlights:
|Net income||$2.5 million|
The three insiders purchased their shares after these results.
Mattson Technology's second-quarter guidance is as follows:
|Revenue||$41 million plus or minus $2 million|
|EPS||$0.03 plus or minus $0.02|
|Qtrly Rev Growth (yoy):||1.14||0.39||0.45|
|PEG (5 yr expected):||0.55||1.77||0.58|
Mattson Technology has the lowest P/S ratio among these three companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only Mattson Technology has seen intensive insider buying during the last 30 days.
There have been three different insiders buying Mattson Technology, and there have not been any insiders selling Mattson Technology during the last 30 days. All three of these insiders increased their holdings by more than 10%. Mattson Technology has an insider ownership of 8.09%.
The three insiders purchased their shares at prices ranging from $1.91 to $1.93. I believe Mattson Technology could be a good pick below $1.93 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in MTSN over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.