Entegris, Inc. (NASDAQ:ENTG – Get Free Report) insider Bertrand Loy sold 44,138 shares of the 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 transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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 stock was sold at an average price of $140.22, for a total value 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 value of $6,914,746.02.
- On Tuesday, February 24th, Bertrand Loy sold 59,516 shares of Entegris stock. The stock was sold at an average price of $138.95, for a total value 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 value of $7,804,552.50.
Entegris Price Performance
Shares of NASDAQ ENTG opened at $147.93 on Thursday. The stock’s 50-day moving average is $126.09 and its two-hundred day moving average is $105.57. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.35 and a quick ratio of 2.04. Entegris, Inc. has a 1-year low of $66.32 and a 1-year high of $151.99. The company has a market cap of $22.49 billion, a price-to-earnings ratio of 96.06, a price-to-earnings-growth ratio of 2.76 and a beta of 1.32.
Entegris Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, April 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio is 25.97%.
Wall Street Analyst Weigh In
Several brokerages have weighed in on ENTG. Citigroup upped their price target on Entegris from $145.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft downgraded 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. UBS Group increased their price objective on Entegris from $150.00 to $185.00 and gave the company a “buy” rating in a report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. Finally, Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $137.67.
Get Our Latest Stock Analysis on ENTG
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of ENTG. Ameriflex Group Inc. purchased a new position in shares of Entegris in the 3rd quarter valued at $25,000. Steph & Co. purchased a new position in shares of Entegris in the 4th quarter valued at $25,000. ORG Wealth Partners LLC grew 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 buying an additional 250 shares during the last quarter. SBI Securities Co. Ltd. grew 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 buying an additional 206 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in Entegris during the 4th quarter worth approximately $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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