NEWS BITES - PEOPLE IN BUSINESS
Seth H. Bagshaw's performance as CFO of MKS Instruments is ranked in the third quartile of BuySellSignals Large MCap performers for the past year; a percentile ranking of 30.4. The shares were up 0.1% in USD terms for the year ended September 22, 2023.
People in Business Dashboard End-of-Day Sep 26, 2023
| Name | Seth H. Bagshaw |
| Designations | Chief Financial Officer, Vice President and Treasurer |
| Tenure | 13 Yrs, 9 Mos (appointed on January 01, 2010) |
| Past Year Insider Selling | 25,000 shares worth approx. $2.4 million |
| Shares Held | 20,547 worth 1.7 million at today's price of MKSI $84.8 |
IN TODAY'S REPORT:
SECTION 1: BIOGRAPHY: SETH H. BAGSHAW, CFO, TREASURER AND VICE PRESIDENT
SECTION 2: MKS INSTRUMENTS: SEC FILINGS
SECTION 3: MKS INSTRUMENTS: BOARD AND MANAGEMENT
SECTION 4: MKS INSTRUMENTS: PRICE PERFORMANCE SCORECARD
SECTION 5: MKS INSTRUMENTS: FINANCIALS AND GROWTH PERFORMANCE SCORECARD
SECTION 1: BIOGRAPHY: SETH H. BAGSHAW, CFO, TREASURER AND VICE PRESIDENT
Mr. Bagshaw has served as our Senior Vice President and Chief Financial Officer since May 2017 and as Treasurer since March 2011. From January 2010 to May 2017, he served as our Vice President and Chief Financial Officer. From March 2006 until January 2010, Mr. Bagshaw served as our Vice President and Corporate Controller. Prior to joining MKS, Mr. Bagshaw served as Vice President and Chief Financial Officer of Vette Corp., an integrated global supplier of thermal management systems, from 2004 until 2006. From 1999 until 2004, Mr. Bagshaw served as Vice President and Corporate Controller of Varian Semiconductor Equipment Associates, Inc., a leading producer of ion implantation equipment used in the semiconductor manufacturing industry, and from 1998 until 1999, he served as Vice President and Chief Financial Officer of Palo Alto Products International, Inc., an industrial design, engineering and manufacturing company, until its acquisition by Flextronics International, Ltd. Prior to that, Mr. Bagshaw held several senior financial management positions at Waters Corporation, a developer of innovative analytical science solutions, most recently as Vice President and Chief Financial Officer of its Asia-Pacific region, and was a Senior Manager at PricewaterhouseCoopers LLP. Mr. Bagshaw has been a member of the Board of Directors of Associated Industries of Massachusetts, a non-profit state-wide employer advocacy and service organization, since 2010 and has served on its Audit Committee since 2014. Mr. Bagshaw is a Certified Public Accountant and has a B.S. in Business Administration from Boston University and an M.B.A. from Cornell University.
Remuneration
Year: 2018
Salary ($): 509,231
Bonus ($): 40,728
Stock Awards ($): 1,400,000
Non-Equity Incentive Plan Compensation ($): 419,606
All Other Compensation ($): 60,628
Total ($):2,430,193
PermID: 34413213424
SECTION 2: MKS INSTRUMENTS: SEC FILINGS
2.1 SEC Form 4 Filings: Seth H. Bagshaw Reported Shareholding
+ Sep 25, 2023: Seth H. Bagshaw now has a beneficial interest in 20,547 MKS Instruments shares worth $1.7 million.
2.2 SEC Form 4 Filings: Seth H. Bagshaw Reported Selling in last 9 years
+ In 2023 a total of 25,000 shares worth $2.4 million were sold. The highest number of shares 25,000 worth $2.4 million were sold in the month of September.
+ In the 9-year period 2014 to 2022 a total of 114,230 shares worth $8.5 million were sold; an average of 12,692 per year.
2.3 The Past Quarter: SEC Filings
SEC Form 4 Filings: Insider Selling
Thu Sep 07, 2023
MKS Instruments CFO Seth H. Bagshaw sells shares worth $2.4 million
Thursday September 07, 2023MKS Instruments (NASDAQ:MKSI) Chief Financial Officer, Treasurer and Vice President Seth H. Bagshaw sold 25,000 shares worth $2,432,584 on September 06. The selling price was $97.30. The shares hit an eight-day low on the day.
Fri Sep 01, 2023
MKS Instruments chairman Gerald G. Colella sells shares worth $1 million
Friday September 01, 2023MKS Instruments (NASDAQ:MKSI) Chairman Gerald G. Colella sold 10,000 shares worth $1,000,056 on August 31. The selling price was $100.01. The shares hit a one-month high on the day.
Tue Aug 29, 2023
MKS Instruments director Jacqueline F. Moloney sells shares worth $23,814
Tuesday August 29, 2023MKS Instruments (NASDAQ:MKSI) Director Jacqueline F. Moloney sold 250 shares worth $23,814 on August 28. The selling price was $95.25.
Wed Jul 05, 2023
MKS Instruments director Elizabeth A. Mora sells shares worth $27,122
Wednesday July 05, 2023MKS Instruments (NASDAQ:MKSI) Director Elizabeth A. Mora sold 250 shares worth $27,122 on July 03. The selling price was $108.49. The shares hit a five-day high on the day.
Fri Jun 02, 2023
MKS Instruments director Elizabeth A. Mora sells shares worth $19,432
Friday June 02, 2023MKS Instruments (NASDAQ:MKSI) Director Elizabeth A. Mora sold 200 shares worth $19,432 on June 01. The selling price was $97.16. The shares hit a six-day low on the day.
Fri Jun 02, 2023
MKS Instruments director Jacqueline F. Moloney sells shares worth $21,861
Friday June 02, 2023MKS Instruments (NASDAQ:MKSI) Director Jacqueline F. Moloney sold 225 shares worth $21,861 on June 01. The selling price was $97.16. The shares hit a six-day low on the day.
Insider Selling Summary [past quarter]
| Name | No. of Shares | Price, $ | Value, $ |
| Bagshaw Seth H [CFO] | 25,000 | 97.3 | 2,432,584 |
| Colella Gerard G [Chairman] | 10,000 | 100.0 | 1,000,056 |
| Moloney Jacqueline F [Director] | 475 | 96.2 | 45,675 |
| Mora Elizabeth [Director] | 450 | 103.5 | 46,554 |
| Total | 35,925 | 98.1 | 3,524,869 |
SECTION 3: MKS INSTRUMENTS: BOARD AND MANAGEMENT
3.1 Top Management [as of 26-September 2023]
| Name | Designation | Yrs Since Appointment |
| John T. C. Lee | Chief Executive Officer, President | - |
| Gerald G. Colella | Chairman | 3 Yrs |
| Seth H. Bagshaw | Chief Financial Officer, Vice President, Treasurer | 13 Yrs, 9 Mos |
| James A. Schreiner | Chief Operating Officer, Senior Vice President | 4 Yrs |
| Henry C. Chang | Senior Vice President | 10 Mos |
| Eric R. Taranto | Senior Vice President | - |
3.2 Board Of Directors
Rajeev Batra
Elizabeth A. Mora
Peter J. Cannone
Jacqueline F. Moloney
Joseph B. Donahue
SECTION 4: MKS INSTRUMENTS: PRICE PERFORMANCE SCORECARD (NASDAQ:MKSI):
4.1 Stock vs Index (Annual Percentage Change)
+ Over 5 years MKS Instruments is up a total 35.1% at an annualized rate of 7.8% compared to the Index being up 72.8% at an annualized rate of 14.7%.
+ MKS Instruments has outperformed the S&P 500 Index in 2 of the past 5
+ years: 2020, 2019.
4.2 Total Shareholder Returns [TSR] (Past 10 years)
+ MKS Instruments (NASDAQ:MKSI) is ranked in the top 12% of BuySellSignals performers for the past ten years; a percentile ranking of 88.
+ In the last 10 years the average annualized return to shareholders was 13.5%. The 10-year average return is ranked 5,202 out of 56,927 public companies traded globally.
+ A three-bagger, the present value of US$1,000 (PV1000) invested 10 years ago is now worth $3,537; a capital gain of $2,394 and dividend reinvested of $142.
4.3 MCap History:
MCap: 5-Year Increase of $1 B (26%)
+ In the past 5 years Market Capitalization has increased by $1.2 billion (26%) from $4.5 billion to $5.6 billion. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 2 out of 5 years.
4.4 Moving Annual Return of 1.2% in the past year:
+ Moving Annual Return was 1.2% in the past year. Based on a dynamic start date of 5 years ago, the real rate of return has averaged 6%. The Moving Annual Return has been positive in 4 of the last 5 years.
4.5 The present value of $1000 invested a year ago is $1,011
4.6 Price Change % (1 Yr)
+ 1-Year price change for MKS Instruments was 0.7%.
+ Compared with the NASDAQ-100 Index which rose 29.6% in the year, the relative price change was -28.9%.
+ Compared with the Electrical manufacturing sector which fell 1.4% in the year, the relative price change was 2.2%.
SECTION 5: MKS INSTRUMENTS: FINANCIALS AND GROWTH PERFORMANCE SCORECARD
5.1 Growth
+ Revenue, EPS, and EBITDA:
+ Profit growth and EBITDA growth have shown signs of deterioration in recent years. [compared with previous year, all figures in %]
| FY | Revenue Growth | EPS Growth | EBITDA Growth |
| 2022 | 20 | -44 | -20 |
| 2021 | 27 | 56 | 51 |
| 2020 | 23 | 147 | 95 |
5.2 Annual Financials Ranking
+ Out of 549 stocks in the NASDAQ Market analyzed, MKS Instruments, Inc. is ranked 231st by Revenue, 208th by Net Profit, 381st by EBITDA Margin and 1747th by Debt to Equity.
5.3 Performance (All figures in %)
+ Net Profit Margin 10-year average is 13.0% and Operating Profit Margin 10-year average is 16.7%
+ Return on Equity 10-year average is 12.4% and Return on Capital Employed 10-year average is 11.9%
+ Return on Assets 10-year average is 8.4%
5.4 High Debt to Equity (%) and Increasing
The debt to equity ratio of 115.3% is above a safe benchmark figure of 70%. Moreover, it has deteriorated from 35.6% a year ago.
| Years | Debt to Equity (%) |
| Dec 2022 | 115.28 |
| Dec 2021 | 35.61 |
| Dec 2020 | 43.74 |
| Dec 2019 | 46.91 |
| Dec 2018 | 18.57 |
MKS Instruments, Inc.
ISIN: US55306N1046
Stock PermID: 4295914227
People's PermID: 34413213424
RIC: MKSI.O
CIK: 1049502
CUSIP: 55306N104
Source: www.BuySellSignals.com