Rogers Co. (NYSE:ROG) VP Brian Keith Larabee Sells 600 Shares

Rogers Co. (NYSE:ROG) VP Brian Keith Larabee sold 600 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $123.37, for a total value of $74,022.00. Following the transaction, the vice president now owns 3,409 shares in the company, valued at $420,568.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Rogers Stock Down 4.8 %

Rogers stock traded down $5.92 during midday trading on Thursday, reaching $116.26. The company’s stock had a trading volume of 70,280 shares, compared to its average volume of 163,320. The business has a 50-day simple moving average of $121.33 and a 200-day simple moving average of $117.91. The company has a market cap of $2.16 billion, a P/E ratio of 32.18 and a beta of 0.53. Rogers Co. has a fifty-two week low of $105.48 and a fifty-two week high of $165.16.

Rogers (NYSE:ROG) last posted its quarterly earnings results on Thursday, July 25th. The electronics maker reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.09. The company had revenue of $214.20 million during the quarter, compared to the consensus estimate of $215.00 million. Rogers had a net margin of 6.75% and a return on equity of 4.67%. During the same period last year, the firm earned $1.07 EPS. As a group, equities analysts forecast that Rogers Co. will post 3.04 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ROG. Dimensional Fund Advisors LP increased its stake in shares of Rogers by 7.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 653,201 shares of the electronics maker’s stock worth $86,270,000 after purchasing an additional 43,086 shares during the last quarter. Schroder Investment Management Group boosted its position in shares of Rogers by 39.6% during the 4th quarter. Schroder Investment Management Group now owns 202,671 shares of the electronics maker’s stock valued at $26,767,000 after acquiring an additional 57,504 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Rogers during the 1st quarter valued at about $2,257,000. Leeward Investments LLC MA acquired a new stake in shares of Rogers during the 1st quarter valued at about $9,607,000. Finally, Trillium Asset Management LLC boosted its position in Rogers by 6.6% in the first quarter. Trillium Asset Management LLC now owns 81,651 shares of the electronics maker’s stock valued at $9,691,000 after buying an additional 5,037 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Rogers Company Profile

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.