Salem Investment Counselors Inc. grew its position in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 4.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,804 shares of the semiconductor company’s stock after buying an additional 3,250 shares during the quarter. Salem Investment Counselors Inc. owned 0.05% of Entegris worth $12,449,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of ENTG. Ancora Advisors LLC increased its stake in shares of Entegris by 85.1% in the second quarter. Ancora Advisors LLC now owns 174 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 80 shares during the period. Parvin Asset Management LLC boosted its position in Entegris by 19.2% during the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after buying an additional 120 shares during the period. Lido Advisors LLC boosted its position in Entegris by 1.5% during the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after buying an additional 125 shares during the period. Resona Asset Management Co. Ltd. grew its holdings in Entegris by 0.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after acquiring an additional 128 shares during the last quarter. Finally, Wedmont Private Capital grew its holdings in Entegris by 6.2% during the 3rd quarter. Wedmont Private Capital now owns 2,507 shares of the semiconductor company’s stock worth $407,000 after acquiring an additional 146 shares during the last quarter.
Entegris Trading Up 0.7%
NASDAQ:ENTG opened at $161.16 on Wednesday. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The firm’s fifty day moving average is $147.56 and its 200-day moving average is $143.06. The firm has a market cap of $24.58 billion, a P/E ratio of 80.98, a P/E/G ratio of 1.47 and a beta of 1.40.
Insiders Place Their Bets
In related news, SVP Susan Rice sold 2,062 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president owned 66,976 shares in the company, valued at $10,014,251.52. The trade was a 2.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Joseph Colella sold 3,916 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $164.48, for a total transaction of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on ENTG. UBS Group upped their price target on shares of Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Mizuho lifted their price target on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $177.27.
View Our Latest Stock Report on ENTG
About Entegris
Entegris, Inc is a global supplier of advanced materials and process solutions used in the semiconductor and other high-technology industries. The company helps manufacturers protect, purify, transport and process the highly sensitive materials used to produce integrated circuits, memory devices and other electronic components.
Its products and services include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and wafer-shipping products, contamination-control solutions, chemical-mechanical planarization materials, deposition materials and solutions for semiconductor packaging.
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