Rogers (NYSE:ROG) SVP Brian Keith Larabee Sells 775 Shares

Rogers Corporation (NYSE:ROGGet Free Report) SVP Brian Keith Larabee sold 775 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $85.87, for a total value of $66,549.25. Following the completion of the transaction, the senior vice president directly owned 4,462 shares in the company, valued at $383,151.94. The trade was a 14.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Rogers Price Performance

Shares of ROG opened at $87.36 on Friday. The company has a market capitalization of $1.58 billion, a P/E ratio of -24.06 and a beta of 0.46. Rogers Corporation has a one year low of $51.43 and a one year high of $114.05. The business’s 50 day simple moving average is $82.18 and its 200-day simple moving average is $72.53.

Rogers (NYSE:ROGGet Free Report) last announced its earnings results on Wednesday, October 29th. The electronics maker reported $0.90 EPS for the quarter, topping the consensus estimate of $0.70 by $0.20. The company had revenue of $216.00 million for the quarter, compared to analysts’ expectations of $207.53 million. Rogers had a positive return on equity of 2.90% and a negative net margin of 8.35%. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. On average, sell-side analysts anticipate that Rogers Corporation will post 3.57 EPS for the current fiscal year.

Institutional Trading of Rogers

Institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC raised its position in shares of Rogers by 243.5% during the 1st quarter. GAMMA Investing LLC now owns 371 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 263 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in Rogers by 81.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock worth $30,000 after buying an additional 199 shares during the last quarter. Parallel Advisors LLC boosted its holdings in Rogers by 106.9% during the second quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock worth $51,000 after buying an additional 385 shares during the last quarter. Signaturefd LLC boosted its holdings in Rogers by 6,118.8% during the first quarter. Signaturefd LLC now owns 995 shares of the electronics maker’s stock worth $67,000 after buying an additional 979 shares during the last quarter. Finally, KBC Group NV boosted its holdings in Rogers by 67.3% during the first quarter. KBC Group NV now owns 1,119 shares of the electronics maker’s stock worth $76,000 after buying an additional 450 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ROG. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a report on Wednesday, October 8th. Wall Street Zen upgraded Rogers from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research upgraded Rogers from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, B. Riley restated a “buy” rating on shares of Rogers in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Rogers presently has an average rating of “Moderate Buy” and an average price target of $85.00.

Check Out Our Latest Stock Analysis on Rogers

Rogers Company Profile

(Get Free Report)

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.

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