Insider Selling: Rogers (NYSE:ROG) SVP Sells 954 Shares of Stock

Rogers Corporation (NYSE:ROG) SVP Michael Reed Webb sold 954 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $111.31, for a total value of $106,189.74. Following the sale, the senior vice president owned 7,769 shares of the company’s stock, valued at $864,767.39. The trade was a 10.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Michael Reed Webb also recently made the following trade(s):

• On Thursday, February 19th, Michael Reed Webb sold 1,197 shares of Rogers stock. The stock was sold at an average price of $106.25, for a total value of $127,181.25.

Rogers Price Performance

ROG stock traded up $4.07 during trading on Monday, reaching $111.90. 250,779 shares of the company were exchanged, compared to its average volume of 164,984. Rogers Corporation has a twelve month low of $51.43 and a twelve month high of $112.81. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of -33.50 and a beta of 0.36. The company has a 50-day moving average of $99.98 and a two-hundred day moving average of $88.83.

Rogers (NYSE:ROG) last posted its earnings results on Tuesday, February 17th. The electronics maker reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.29. Rogers had a negative net margin of 7.62% and a positive return on equity of 3.56%. The firm had revenue of $201.50 million for the quarter, compared to analysts’ expectations of $196.50 million. Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. On average, analysts forecast that Rogers Corporation will post 3.57 EPS for the current year.

Wall Street Analysts Forecast Growth

ROG has been the topic of several recent research reports. B. Riley Financial lifted their target price on Rogers from $127.00 to $133.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a report on Thursday, January 22nd. Finally, Zacks Research lowered Rogers from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $109.00.

Institutional Investors Weigh In On Rogers

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC increased its stake in shares of Rogers by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 420,556 shares of the electronics maker’s stock worth $28,803,000 after purchasing an additional 4,240 shares during the last quarter. Summit Global Investments purchased a new stake in Rogers during the 2nd quarter worth about $812,000. Bank of Montreal Can bought a new position in shares of Rogers in the second quarter valued at approximately $327,000. Creative Planning boosted its holdings in Rogers by 39.0% in the 2nd quarter. Creative Planning now owns 36,505 shares of the electronics maker’s stock valued at $2,500,000 after purchasing an additional 10,246 shares during the period. Finally, Norges Bank bought a new stake in Rogers during the second quarter valued at $89,111,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Rogers Company Profile

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.