Entegris, Inc. (NASDAQ:ENTG – Get Free Report) SVP Joseph Colella sold 1,592 shares of Entegris stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $115.57, for a total value of $183,987.44. Following the completion of the transaction, the senior vice president directly owned 50,121 shares in the company, valued at $5,792,483.97. This represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Joseph Colella also recently made the following trade(s):
- On Friday, February 20th, Joseph Colella sold 1,580 shares of Entegris stock. The shares were sold at an average price of $131.49, for a total value of $207,754.20.
Entegris Trading Up 9.3%
Shares of NASDAQ ENTG traded up $11.05 during midday trading on Wednesday, hitting $129.60. The stock had a trading volume of 3,723,753 shares, compared to its average volume of 2,906,840. The company has a market capitalization of $19.70 billion, a price-to-earnings ratio of 84.16, a PEG ratio of 2.19 and a beta of 1.32. Entegris, Inc. has a 1-year low of $61.96 and a 1-year high of $142.50. 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 fifty day moving average price of $122.04 and a 200 day moving average price of $102.15.
Entegris Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, January 28th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s payout ratio is 25.97%.
Hedge Funds Weigh In On Entegris
Institutional investors have recently made changes to their positions in the business. Ameriflex Group Inc. acquired a new position in shares of Entegris in the 3rd quarter valued at approximately $25,000. Steph & Co. acquired a new position in shares of Entegris in the 4th quarter valued at approximately $25,000. ORG Wealth Partners LLC raised its position in shares of Entegris by 862.1% in the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 250 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of Entegris by 260.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 206 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Entegris in the 4th quarter valued at approximately $29,000.
Analysts Set New Price Targets
Several equities analysts recently commented on the company. UBS Group reissued a “buy” rating and set a $150.00 price target on shares of Entegris in a research report on Monday, February 2nd. Needham & Company LLC reissued a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. KeyCorp boosted their price target on Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Mizuho set a $150.00 price target on Entegris in a research report on Wednesday, February 11th. Finally, Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $133.78.
Check Out Our Latest Stock Report on ENTG
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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