Rogers (NYSE:ROG) Shares Gap Down After Insider Selling

Rogers Corporation (NYSE:ROG) shares gapped down prior to trading on Monday following insider selling activity. The stock had previously closed at $111.11, but opened at $106.01. Rogers shares last traded at $103.9650, with a volume of 3,771 shares changing hands.

Specifically, SVP Michael Reed Webb sold 1,197 shares of Rogers stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $106.25, for a total transaction of $127,181.25. Following the sale, the senior vice president directly owned 9,747 shares of the company’s stock, valued at approximately $1,035,618.75. The trade was a 10.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Wall Street Analysts Forecast Growth

ROG has been the subject of a number of recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a research note on Thursday, January 22nd. Zacks Research downgraded shares of Rogers from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. B. Riley Financial upped their price target on shares of Rogers from $127.00 to $133.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Wall Street Zen upgraded shares of Rogers from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Rogers presently has a consensus rating of “Hold” and a consensus target price of $109.00.

Rogers Stock Performance

The company’s fifty day moving average price is $98.41 and its 200 day moving average price is $87.60. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of -31.01 and a beta of 0.40.

Rogers (NYSE:ROG) last released its quarterly earnings data on Tuesday, February 17th. The electronics maker reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.29. Rogers had a negative net margin of 7.62% and a positive return on equity of 3.56%. The firm had revenue of $201.50 million for the quarter, compared to analyst estimates of $196.50 million. Rogers has set its Q1 2026 guidance at 0.450-0.850 EPS. As a group, sell-side analysts expect that Rogers Corporation will post 3.57 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Kemnay Advisory Services Inc. acquired a new stake in Rogers in the fourth quarter worth $42,000. Global Retirement Partners LLC grew its position in shares of Rogers by 6,576.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock worth $104,000 after acquiring an additional 1,118 shares during the last quarter. Virtus Advisers LLC acquired a new stake in shares of Rogers in the 3rd quarter worth about $127,000. Quadrant Capital Group LLC acquired a new stake in shares of Rogers in the 3rd quarter worth about $130,000. Finally, PNC Financial Services Group Inc. lifted its position in Rogers by 119.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,905 shares of the electronics maker’s stock valued at $153,000 after purchasing an additional 1,038 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

About Rogers

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.