Entegris, Inc. (ENTG) Director Michael A. Bradley Sells 5,000 Shares of Stock
Entegris, Inc. (NASDAQ:ENTG) Director Michael A. Bradley sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $30.00, for a total value of $150,000.00. Following the completion of the sale, the director now directly owns 65,557 shares of the company’s stock, valued at $1,966,710. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of Entegris, Inc. (NASDAQ ENTG) opened at $29.85 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.43 and a current ratio of 3.14. The company has a market capitalization of $4,171.20, a P/E ratio of 23.23, a price-to-earnings-growth ratio of 1.91 and a beta of 1.52. Entegris, Inc. has a one year low of $17.65 and a one year high of $33.05.
Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.06. The firm had revenue of $345.60 million during the quarter, compared to the consensus estimate of $334.30 million. Entegris had a return on equity of 18.82% and a net margin of 10.73%. The firm’s revenue was up 16.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 EPS. equities research analysts predict that Entegris, Inc. will post 1.37 earnings per share for the current year.
The business also recently disclosed a special dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 1st were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, October 31st. Entegris’s dividend payout ratio is presently 7.22%.
ENTG has been the subject of a number of research analyst reports. Citigroup upped their target price on Entegris from $29.00 to $34.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. KeyCorp reissued an “outperform” rating and issued a $30.00 target price on shares of Entegris in a research report on Saturday, September 16th. Loop Capital upped their target price on Entegris from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research raised Entegris from a “hold” rating to a “strong-buy” rating and set a $35.00 target price for the company in a research report on Thursday, October 19th. Finally, Dougherty & Co upped their target price on Entegris from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $32.10.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wolverine Trading LLC raised its stake in Entegris by 149.6% during the 3rd quarter. Wolverine Trading LLC now owns 6,989 shares of the semiconductor company’s stock valued at $202,000 after acquiring an additional 21,089 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of Entegris by 9.0% during the 3rd quarter. California Public Employees Retirement System now owns 175,646 shares of the semiconductor company’s stock worth $5,067,000 after buying an additional 14,546 shares in the last quarter. Vident Investment Advisory LLC purchased a new position in shares of Entegris during the 3rd quarter worth approximately $2,861,000. Royce & Associates LP purchased a new position in shares of Entegris during the 3rd quarter worth approximately $2,092,000. Finally, Welch & Forbes LLC purchased a new position in shares of Entegris during the 3rd quarter worth approximately $236,000. 96.52% of the stock is owned by hedge funds and other institutional investors.
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Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).
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