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Summary

  • 3 insiders purchased Mattson Technology's stock within one month.
  • The stock was sold by no insiders in the month of intensive purchasing.
  • All 3 of these insiders increased their holdings by more than 10%.

Mattson Technology (NASDAQ:MTSN) designs, manufactures, markets, and supports semiconductor wafer processing equipment used in the fabrication of integrated circuits worldwide.

(click to enlarge)

Insider buying during the last 30 days

Here is a table of Mattson Technology's insider activity during the last 30 days.

NameTitleTrade DateShares PurchasedCurrent OwnershipIncrease In Shares
Tyler PurvisCAOMay 15,00025,000 shares+25.0%
Michael DodsonCFOMay 120,00070,000 shares+40.0%
Fusen ChenCEOMay 120,000163,750 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.

MonthInsider buying / sharesInsider selling / shares
May 201445,0000
April 201400
March 201400
February 20148,0000
January 201400
December 201300
November 201300
October 201300
September 201300
August 201300
July 201300
June 201335,0000
May 201339,0000
April 2013150,0000
March 201300
February 201300
January 201300

There have been 277,000 shares purchased, and there have been zero shares sold by insiders since January 2013.

Financials

Mattson Technology reported the first-quarter financial results on April 24 with the following highlights:

Revenue$43.2 million
Net income$2.5 million
Cash$17.3 million

The three insiders purchased their shares after these results.

Outlook

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

Competition

Mattson Technology's competitors include Applied Materials (NASDAQ:AMAT) and Lam Research Corporation (NASDAQ:LRCX). Here is a table comparing these companies.

CompanyMTSNAMATLRCX
Market Cap:138.51M23.00B9.27B
Employees:26413,7006,600
Qtrly Rev Growth (yoy):1.140.390.45
Revenue:142.40M8.13B4.34B
Gross Margin:0.330.410.45
EBITDA:6.40M1.46B924.32M
Operating Margin:0.020.130.14
Net Income:998.00K475.00M484.60M
EPS:0.020.392.84
P/E:139.3348.6220.11
PEG (5 yr expected):0.551.770.58
P/S:0.872.832.14

Mattson Technology has the lowest P/S ratio among these three companies.

Here is a table of these competitors' insider activities this year.

CompanyInsider buying / sharesInsider selling / shares
AMAT01,039,114
LRCX0214,242

Only Mattson Technology has seen intensive insider buying during the last 30 days.

Conclusion

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.

Source: Mattson Technology: 3 Different Insiders Have Purchased Shares This Month