Entegris, Inc. (NASDAQ:ENTG) SVP Sells $106,272.00 in Stock

Entegris, Inc. (NASDAQ:ENTG) SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the transaction, the senior vice president now owns 10,903 shares in the company, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Entegris Stock Performance

ENTG opened at $103.52 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The business has a fifty day simple moving average of $102.86 and a 200 day simple moving average of $106.35. Entegris, Inc. has a 1 year low of $94.92 and a 1 year high of $147.57. The company has a market capitalization of $15.64 billion, a PE ratio of 53.64, a price-to-earnings-growth ratio of 1.50 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. Research analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.39%. Entegris’s payout ratio is presently 20.73%.

Analyst Ratings Changes

ENTG has been the topic of several recent analyst reports. Needham & Company LLC restated a “buy” rating and set a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. KeyCorp lowered their price target on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Mizuho cut their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft decreased their target price on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, BMO Capital Markets cut their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Entegris presently has a consensus rating of “Moderate Buy” and an average target price of $128.78.

Institutional Investors Weigh In On Entegris

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Polar Asset Management Partners Inc. grew its position in Entegris by 192.0% during the fourth quarter. Polar Asset Management Partners Inc. now owns 153,900 shares of the semiconductor company’s stock worth $15,245,000 after buying an additional 101,200 shares in the last quarter. Forum Financial Management LP bought a new stake in shares of Entegris during the 4th quarter valued at $274,000. Toronto Dominion Bank lifted its position in shares of Entegris by 1.7% during the 4th quarter. Toronto Dominion Bank now owns 19,718 shares of the semiconductor company’s stock valued at $1,953,000 after acquiring an additional 326 shares during the period. Neo Ivy Capital Management acquired a new stake in shares of Entegris during the 4th quarter worth $34,000. Finally, GTS Securities LLC increased its position in shares of Entegris by 93.9% in the fourth quarter. GTS Securities LLC now owns 20,671 shares of the semiconductor company’s stock worth $2,048,000 after purchasing an additional 10,009 shares during the period.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).