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 stock was sold at an average price of $115.57, for a total value of $183,987.44. Following the sale, the senior vice president owned 50,121 shares of the company’s stock, valued at approximately $5,792,483.97. This represents a 3.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 stock was sold at an average price of $131.49, for a total value of $207,754.20.
Entegris Price Performance
Entegris stock traded up $11.05 during midday trading on Wednesday, reaching $129.60. 3,723,753 shares of the company were exchanged, 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 P/E/G ratio of 2.19 and a beta of 1.32. The firm’s 50-day simple moving average is $122.04 and its 200-day simple moving average is $102.15. Entegris, Inc. has a 1 year low of $61.96 and a 1 year high of $142.50. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35.
Entegris Dividend Announcement
The business also recently disclosed 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. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Wednesday, January 28th. Entegris’s dividend payout ratio (DPR) is currently 25.97%.
Analyst Upgrades and Downgrades
A number of analysts recently commented on ENTG shares. BMO Capital Markets reiterated an “outperform” rating and set a $148.00 price objective on shares of Entegris in a research report on Wednesday, February 11th. Citigroup lifted their price target on Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. The Goldman Sachs Group lifted their price target on Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut Entegris from a “buy” rating to a “hold” rating and set a $105.00 price target for the company. in a report on Tuesday, February 3rd. Finally, KeyCorp lifted their price target on Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $133.78.
Get Our Latest Research Report on Entegris
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Truist Financial Corp lifted its stake in shares of Entegris by 21.3% in the 3rd quarter. Truist Financial Corp now owns 63,312 shares of the semiconductor company’s stock valued at $5,854,000 after purchasing an additional 11,119 shares in the last quarter. Freedom Financial Partners LLC lifted its stake in shares of Entegris by 105.8% in the 4th quarter. Freedom Financial Partners LLC now owns 34,051 shares of the semiconductor company’s stock valued at $2,869,000 after purchasing an additional 17,509 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Entegris by 10.1% in the 3rd quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock valued at $543,325,000 after purchasing an additional 540,755 shares in the last quarter. Mediolanum International Funds Ltd acquired a new position in shares of Entegris in the 3rd quarter valued at about $12,093,000. Finally, Congress Asset Management Co. lifted its stake in shares of Entegris by 17.9% in the 3rd quarter. Congress Asset Management Co. now owns 182,906 shares of the semiconductor company’s stock valued at $16,912,000 after purchasing an additional 27,813 shares in the last quarter.
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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