Entegris, Inc. (NASDAQ:ENTG – Get Free Report) insider Bertrand Loy sold 44,138 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $144.41, for a total value of $6,373,968.58. Following the completion of the sale, the insider directly owned 227,527 shares in the company, valued at approximately $32,857,174.07. The trade was a 16.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 Tuesday, April 14th, Bertrand Loy sold 17,396 shares of Entegris stock. The shares were sold at an average price of $140.22, for a total transaction of $2,439,267.12.
- On Wednesday, February 25th, Bertrand Loy sold 50,322 shares of Entegris stock. The stock was sold at an average price of $137.41, for a total transaction 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 transaction of $8,269,748.20.
- On Monday, February 2nd, Bertrand Loy sold 65,250 shares of Entegris stock. The stock was sold at an average price of $119.61, for a total transaction of $7,804,552.50.
Entegris Stock Performance
NASDAQ:ENTG opened at $148.92 on Tuesday. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94. The company has a market cap of $22.64 billion, a P/E ratio of 96.70, a P/E/G ratio of 2.74 and a beta of 1.32. Entegris, Inc. has a fifty-two week low of $65.72 and a fifty-two week high of $149.17. The firm’s 50 day moving average is $125.62 and its two-hundred day moving average is $104.93.
Entegris Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, April 29th. Entegris’s payout ratio is 25.97%.
Wall Street Analyst Weigh In
ENTG has been the topic of several research analyst reports. Citigroup lifted their price objective on Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Needham & Company LLC reissued a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft lowered shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price target on the stock. in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. Finally, UBS Group reiterated a “buy” rating and set a $150.00 price objective on shares of Entegris in a research note on Monday, February 2nd. Six analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Entegris presently has a consensus rating of “Hold” and a consensus target price of $133.78.
Check Out Our Latest Report on Entegris
Institutional Trading of Entegris
Hedge funds and other institutional investors have recently modified their holdings of the business. Ameriflex Group Inc. purchased a new stake in Entegris during the 3rd quarter worth approximately $25,000. Steph & Co. acquired a new stake in shares of Entegris during the fourth quarter worth approximately $25,000. ORG Wealth Partners LLC increased its stake in shares of Entegris by 862.1% in the third quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in Entegris by 260.8% in the third quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 206 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in Entegris during the 4th quarter valued at $29,000.
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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