CyberOptics Co. (CYBE) Stake Raised by Penbrook Management LLC

Penbrook Management LLC increased its stake in CyberOptics Co. (NASDAQ:CYBE) by 3.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 98,060 shares of the scientific and technical instruments company’s stock after buying an additional 3,460 shares during the quarter. CyberOptics makes up 1.7% of Penbrook Management LLC’s holdings, making the stock its 14th biggest position. Penbrook Management LLC’s holdings in CyberOptics were worth $1,677,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CYBE. Wedge Capital Management L L P NC acquired a new stake in shares of CyberOptics in the 4th quarter valued at approximately $289,000. Barclays PLC lifted its holdings in CyberOptics by 11,138.1% during the 4th quarter. Barclays PLC now owns 11,800 shares of the scientific and technical instruments company’s stock valued at $208,000 after purchasing an additional 11,695 shares during the last quarter. Vanguard Group Inc lifted its holdings in CyberOptics by 3.0% during the 3rd quarter. Vanguard Group Inc now owns 339,473 shares of the scientific and technical instruments company’s stock valued at $6,857,000 after purchasing an additional 9,900 shares during the last quarter. Vanguard Group Inc. lifted its holdings in CyberOptics by 3.0% during the 3rd quarter. Vanguard Group Inc. now owns 339,473 shares of the scientific and technical instruments company’s stock valued at $6,857,000 after purchasing an additional 9,900 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new stake in CyberOptics during the 4th quarter valued at $70,000. 58.59% of the stock is owned by institutional investors.

Several equities research analysts have issued reports on the company. Lake Street Capital reaffirmed a “buy” rating and set a $25.00 price target on shares of CyberOptics in a report on Wednesday, February 20th. Zacks Investment Research raised CyberOptics from a “sell” rating to a “hold” rating in a report on Wednesday, April 17th. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $23.00.

CyberOptics stock traded up $0.33 during mid-day trading on Wednesday, hitting $18.07. 286 shares of the company’s stock traded hands, compared to its average volume of 28,175. CyberOptics Co. has a fifty-two week low of $14.55 and a fifty-two week high of $22.61. The company has a market capitalization of $125.51 million, a price-to-earnings ratio of 46.10, a P/E/G ratio of 3.00 and a beta of 0.14.

CyberOptics (NASDAQ:CYBE) last announced its quarterly earnings results on Tuesday, February 19th. The scientific and technical instruments company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. CyberOptics had a return on equity of 5.22% and a net margin of 4.37%. The business had revenue of $18.06 million during the quarter. As a group, sell-side analysts expect that CyberOptics Co. will post 0.5 EPS for the current year.

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CyberOptics Company Profile

CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide. Its sensors are being used in surface mount technology (SMT), semiconductor, and metrology markets to improve yields and productivity. The company offers multi-reflection suppression sensors for application in the SMT, semiconductor, and metrology markets; and strobe inspection modules for use in 2D automated optical inspection (AOI) systems.

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Institutional Ownership by Quarter for CyberOptics (NASDAQ:CYBE)

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