Rogers Corporation (NYSE:ROG – Get Free Report) SVP Brian Keith Larabee sold 830 shares of Rogers stock in a transaction on Friday, May 1st. The shares were sold at an average price of $135.91, for a total value of $112,805.30. Following the completion of the transaction, the senior vice president directly owned 5,515 shares of the company’s stock, valued at $749,543.65. This represents a 13.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Rogers Price Performance
ROG traded down $1.37 on Friday, hitting $134.38. 200,587 shares of the stock were exchanged, compared to its average volume of 185,423. Rogers Corporation has a 12 month low of $61.17 and a 12 month high of $137.94. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of -44.65 and a beta of 0.34. The business has a 50-day moving average of $111.81 and a two-hundred day moving average of $98.61.
Rogers (NYSE:ROG – Get Free Report) last issued its earnings results on Tuesday, April 28th. The electronics maker reported $0.75 EPS for the quarter, beating the consensus estimate of $0.68 by $0.07. Rogers had a negative net margin of 6.81% and a positive return on equity of 4.31%. The company had revenue of $200.50 million during the quarter, compared to analysts’ expectations of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. Equities research analysts expect that Rogers Corporation will post 3.24 earnings per share for the current fiscal year.
Trending Headlines about Rogers
- Positive Sentiment: Analyst/market commentary highlights Rogers as a momentum stock, which could attract momentum investors and buying interest following recent strength. Rogers Corp. (ROG) is a Great Momentum Stock: Should You Buy?
- Neutral Sentiment: Multiple media items about baseball pitcher Trevor Rogers (same surname) landing on the injured list are unrelated to Rogers Corporation’s business and are unlikely to affect the stock. Rogers lands on injured list due to flu circulating O’s clubhouse
- Neutral Sentiment: Local civic and lifestyle stories referencing the city of Rogers (city council code changes, restaurant coverage) are informational but irrelevant to Rogers Corporation’s fundamentals. Rogers council approves several amendments meant to clean up city code
- Negative Sentiment: An SVP, Brian Keith Larabee, sold 830 shares at roughly $135.91 (?$112.8k) and trimmed his position by ~13%. Insider selling can be perceived negatively by the market even though the dollar size is small relative to Rogers’ $2.4B market cap. SEC Form 4 filing
- Negative Sentiment: A recent SEC?filings analysis flags evolving regulatory/risk disclosures for Rogers, which may increase investor scrutiny and perceived risk. Why Investors Must Track Rogers Corp.’s Evolving Risks Through Ongoing SEC Filings
Analyst Ratings Changes
ROG has been the topic of a number of research analyst reports. B. Riley Financial reaffirmed a “buy” rating on shares of Rogers in a report on Thursday, April 23rd. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a research report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $133.00.
View Our Latest Research Report on ROG
Institutional Trading of Rogers
A number of hedge funds and other institutional investors have recently modified their holdings of ROG. Norges Bank acquired a new position in shares of Rogers during the fourth quarter worth $119,157,000. Capital Research Global Investors acquired a new stake in shares of Rogers during the 3rd quarter valued at $98,295,000. Atreides Management LP bought a new stake in Rogers during the 2nd quarter worth $12,888,000. Ameriprise Financial Inc. grew its position in Rogers by 38.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock worth $40,863,000 after acquiring an additional 165,174 shares during the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in Rogers in the 3rd quarter worth about $11,373,000. Institutional investors own 96.02% of the company’s stock.
Rogers Company Profile
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.
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