Entegris, Inc. (NASDAQ:ENTG – Get Free Report) insider Bertrand Loy sold 17,396 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $140.22, for a total value of $2,439,267.12. Following the completion of the sale, the insider owned 227,527 shares of the company’s stock, valued at $31,903,835.94. This trade represents a 7.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Bertrand Loy also recently made the following trade(s):
- On Wednesday, February 25th, Bertrand Loy sold 50,322 shares of Entegris stock. The shares were sold at an average price of $137.41, for a total value of $6,914,746.02.
- On Tuesday, February 24th, Bertrand Loy sold 59,516 shares of Entegris stock. The shares were sold at an average price of $138.95, for a total value of $8,269,748.20.
- On Monday, February 2nd, Bertrand Loy sold 65,250 shares of Entegris stock. The shares were sold at an average price of $119.61, for a total value of $7,804,552.50.
Entegris Price Performance
Shares of NASDAQ ENTG opened at $146.06 on Friday. Entegris, Inc. has a twelve month low of $65.72 and a twelve month high of $146.46. The company has a current ratio of 3.35, a quick ratio of 2.04 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $22.20 billion, a price-to-earnings ratio of 94.84, a price-to-earnings-growth ratio of 2.55 and a beta of 1.32. The business has a 50 day simple moving average of $125.09 and a 200-day simple moving average of $104.40.
Entegris Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s payout ratio is currently 25.97%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Ameriflex Group Inc. acquired a new position in Entegris during the 3rd quarter worth $25,000. ORG Wealth Partners LLC boosted its position in Entegris by 862.1% during the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 250 shares during the period. SBI Securities Co. Ltd. boosted its position in Entegris by 260.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 206 shares during the period. Steph & Co. acquired a new position in Entegris during the 4th quarter worth $25,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in Entegris during the 4th quarter worth $29,000.
Analyst Upgrades and Downgrades
ENTG has been the subject of a number of analyst reports. KeyCorp boosted their price objective on Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Needham & Company LLC restated a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. UBS Group restated a “buy” rating and set a $150.00 price objective on shares of Entegris in a research report on Monday, February 2nd. The Goldman Sachs Group boosted their price objective on Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research report on Wednesday, February 11th. Finally, Mizuho set a $150.00 price objective on Entegris in a research report on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $133.78.
Get Our Latest Research Report on Entegris
Entegris Company Profile
Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.
Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.
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