Entegris, Inc. (NASDAQ:ENTG – Get Free Report) insider Bertrand Loy sold 59,516 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $138.95, for a total value of $8,269,748.20. Following the transaction, the insider owned 268,089 shares in the company, valued at approximately $37,250,966.55. This trade represents a 18.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
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 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 transaction of $7,804,552.50.
- On Monday, December 1st, Bertrand Loy sold 57,570 shares of Entegris stock. The stock was sold at an average price of $76.88, for a total transaction of $4,425,981.60.
Entegris Stock Up 0.2%
Shares of NASDAQ ENTG opened at $132.45 on Friday. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $142.50. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35. The stock has a market cap of $20.13 billion, a P/E ratio of 86.01, a P/E/G ratio of 2.48 and a beta of 1.33. The firm has a 50 day moving average price of $112.84 and a 200 day moving average price of $95.57.
Entegris Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, January 28th. Entegris’s dividend payout ratio is 25.97%.
Analyst Ratings Changes
Several equities analysts recently issued reports on ENTG shares. BMO Capital Markets reiterated an “outperform” rating and issued a $148.00 price objective on shares of Entegris in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. Mizuho set a $150.00 price objective on shares of Entegris in a report on Wednesday, February 11th. KeyCorp boosted their price objective on shares of Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Finally, Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $133.78.
View Our Latest Research Report on Entegris
Institutional Investors Weigh In On Entegris
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Teacher Retirement System of Texas grew its holdings in shares of Entegris by 4.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 22,979 shares of the semiconductor company’s stock valued at $1,853,000 after acquiring an additional 904 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Entegris by 13.4% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,300 shares of the semiconductor company’s stock worth $2,524,000 after acquiring an additional 3,700 shares in the last quarter. Keybank National Association OH boosted its position in Entegris by 28.8% during the second quarter. Keybank National Association OH now owns 5,190 shares of the semiconductor company’s stock valued at $419,000 after purchasing an additional 1,162 shares during the last quarter. Assetmark Inc. grew its stake in Entegris by 17.6% in the second quarter. Assetmark Inc. now owns 27,859 shares of the semiconductor company’s stock valued at $2,247,000 after purchasing an additional 4,160 shares in the last quarter. Finally, Retirement Systems of Alabama grew its stake in Entegris by 0.6% in the second quarter. Retirement Systems of Alabama now owns 185,045 shares of the semiconductor company’s stock valued at $14,924,000 after purchasing an additional 1,105 shares in the last quarter.
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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