Entegris, Inc. (NASDAQ:ENTG – Get Free Report) insider Bertrand Loy sold 50,322 shares of Entegris stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $137.41, for a total transaction of $6,914,746.02. Following the sale, the insider directly owned 217,767 shares of the company’s stock, valued at $29,923,363.47. This trade represents a 18.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Bertrand Loy also recently made the following trade(s):
- On Tuesday, February 24th, Bertrand Loy sold 59,516 shares of Entegris stock. The stock was 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.
- On Monday, December 1st, Bertrand Loy sold 57,570 shares of Entegris stock. The shares were sold at an average price of $76.88, for a total value of $4,425,981.60.
Entegris Stock Up 0.2%
ENTG opened at $132.45 on Friday. The company has a market capitalization of $20.13 billion, a PE ratio of 86.01, a price-to-earnings-growth ratio of 2.48 and a beta of 1.33. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.35 and a quick ratio of 2.04. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $142.50. The business has a 50-day moving average of $112.84 and a 200-day moving average of $95.57.
Entegris Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 25.97%.
Analyst Ratings Changes
Several research firms have commented on ENTG. BMO Capital Markets reissued an “outperform” rating and set a $148.00 target price on shares of Entegris in a research report on Wednesday, February 11th. Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. KeyCorp raised their price objective on Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Finally, Citigroup increased their price target on Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $133.78.
Get Our Latest Stock Report on Entegris
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Entegris in the second quarter valued at approximately $25,000. Ameriflex Group Inc. bought a new stake in Entegris in the 3rd quarter valued at $25,000. Steph & Co. bought a new stake in Entegris in the 4th quarter valued at $25,000. ORG Wealth Partners LLC grew its position in Entegris by 862.1% in the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 250 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in shares of 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 purchasing an additional 206 shares during the period.
About Entegris
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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