Insider Selling: Entegris, Inc. (NASDAQ:ENTG) SVP Sells 16,888 Shares of Stock

Entegris, Inc. (NASDAQ:ENTG) SVP William James Shaner sold 16,888 shares of the stock in a transaction on Thursday, September 16th. The shares were sold at an average price of $132.11, for a total value of $2,231,073.68. Following the sale, the senior vice president now directly owns 25,670 shares in the company, valued at approximately $3,391,263.70. The sale was disclosed in a document filed with the SEC, which is available at this link.

William James Shaner also recently made the following trade(s):

  • On Tuesday, August 3rd, William James Shaner sold 7,917 shares of Entegris stock. The stock was sold at an average price of $123.18, for a total value of $975,216.06.

NASDAQ:ENTG opened at $128.76 on Tuesday. The firm has a market capitalization of $17.46 billion, a PE ratio of 51.92 and a beta of 1.22. The business’s fifty day moving average price is $119.54 and its 200 day moving average price is $115.26. The company has a debt-to-equity ratio of 0.62, a current ratio of 4.45 and a quick ratio of 2.96. Entegris, Inc. has a 12 month low of $64.96 and a 12 month high of $133.30.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Tuesday, July 27th. The semiconductor company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. Entegris had a net margin of 16.29% and a return on equity of 28.50%. The company had revenue of $571.35 million during the quarter, compared to the consensus estimate of $537.97 million. During the same quarter in the prior year, the firm posted $0.60 earnings per share. Entegris’s revenue for the quarter was up 27.4% on a year-over-year basis. As a group, equities analysts anticipate that Entegris, Inc. will post 3.32 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 18th. Shareholders of record on Wednesday, July 28th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, July 27th. This represents a $0.32 annualized dividend and a yield of 0.25%. Entegris’s dividend payout ratio is presently 12.60%.

Several equities analysts recently weighed in on ENTG shares. Wolfe Research began coverage on Entegris in a research note on Wednesday, June 9th. They issued an “outperform” rating for the company. Craig Hallum boosted their target price on Entegris from $100.00 to $115.00 and gave the stock a “hold” rating in a report on Wednesday, July 28th. Finally, Zacks Investment Research cut Entegris from a “buy” rating to a “hold” rating in a report on Monday, September 6th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Entegris currently has a consensus rating of “Buy” and an average target price of $115.20.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quadrant Capital Group LLC boosted its stake in Entegris by 6.4% in the first quarter. Quadrant Capital Group LLC now owns 1,669 shares of the semiconductor company’s stock valued at $187,000 after acquiring an additional 100 shares in the last quarter. MAI Capital Management boosted its stake in shares of Entegris by 0.9% during the first quarter. MAI Capital Management now owns 12,007 shares of the semiconductor company’s stock worth $1,342,000 after buying an additional 105 shares during the period. Proficio Capital Partners LLC boosted its stake in shares of Entegris by 5.4% during the second quarter. Proficio Capital Partners LLC now owns 2,155 shares of the semiconductor company’s stock worth $265,000 after buying an additional 111 shares during the period. Fieldpoint Private Securities LLC boosted its stake in shares of Entegris by 7.1% during the second quarter. Fieldpoint Private Securities LLC now owns 1,937 shares of the semiconductor company’s stock worth $232,000 after buying an additional 128 shares during the period. Finally, HighTower Advisors LLC boosted its stake in shares of Entegris by 1.1% during the first quarter. HighTower Advisors LLC now owns 12,963 shares of the semiconductor company’s stock worth $1,451,000 after buying an additional 135 shares during the period. Institutional investors own 96.40% of the company’s stock.

About Entegris

Entegris, Inc engages in the development, manufacture, and supply of specialty materials for microelectronics industry. It operates through the following business segments: Specialty Chemicals and Engineered Materials (SCEM); Advanced Materials Handling (AMH); and Microcontamination Control (MC). The SCEM segment provides purity process chemistries, gases, and materials and delivery systems to support semiconductor and other advance manufacturing processes.

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Insider Buying and Selling by Quarter for Entegris (NASDAQ:ENTG)

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