Entegris, Inc. (NASDAQ:ENTG) SVP Clinton M. Haris Sells 3,627 Shares

Entegris, Inc. (NASDAQ:ENTG) SVP Clinton M. Haris sold 3,627 shares of the firm’s stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $90.00, for a total value of $326,430.00. Following the transaction, the senior vice president owned 37,743 shares in the company, valued at approximately $3,396,870. This trade represents a 8.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Entegris Price Performance

ENTG stock opened at $91.64 on Tuesday. The company has a current ratio of 3.26, a quick ratio of 1.95 and a debt-to-equity ratio of 1.06. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $133.79. The stock has a market cap of $13.87 billion, a PE ratio of 44.92, a P/E/G ratio of 2.03 and a beta of 1.27. The company has a 50-day moving average price of $79.39 and a 200 day moving average price of $87.79.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.02). The firm had revenue of $773.20 million during the quarter, compared to analysts’ expectations of $790.75 million. Entegris had a return on equity of 12.48% and a net margin of 9.57%. Entegris’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. Equities research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date is Wednesday, July 30th. Entegris’s dividend payout ratio is presently 19.61%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ENTG. Mizuho boosted their price target on Entegris from $90.00 to $98.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Citigroup reduced their price target on shares of Entegris from $125.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, May 8th. KeyCorp cut their price objective on shares of Entegris from $117.00 to $112.00 and set an “overweight” rating on the stock in a report on Monday, July 14th. Wall Street Zen lowered shares of Entegris from a “hold” rating to a “sell” rating in a research report on Saturday, April 19th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $100.00 target price on shares of Entegris in a research note on Tuesday, May 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and a consensus price target of $108.00.

Hedge Funds Weigh In On Entegris

Several hedge funds have recently bought and sold shares of ENTG. Corient Private Wealth LLC lifted its stake in Entegris by 1.1% in the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company’s stock valued at $1,175,000 after buying an additional 128 shares in the last quarter. Alpine Bank Wealth Management grew its holdings in shares of Entegris by 73.7% during the second quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 132 shares during the last quarter. Personal CFO Solutions LLC boosted its position in shares of Entegris by 6.0% during the first quarter. Personal CFO Solutions LLC now owns 2,466 shares of the semiconductor company’s stock worth $216,000 after buying an additional 140 shares during the period. MAI Capital Management raised its stake in shares of Entegris by 19.7% in the 1st quarter. MAI Capital Management now owns 864 shares of the semiconductor company’s stock worth $76,000 after buying an additional 142 shares in the last quarter. Finally, First Hawaiian Bank increased its holdings in shares of Entegris by 0.9% in the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company’s stock valued at $1,381,000 after buying an additional 143 shares in the last quarter.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).