Entegris VP Todd James Edlund Sells 15,498 Shares (ENTG)
Entegris (NASDAQ:ENTG) VP Todd James Edlund sold 15,498 shares of Entegris stock on the open market in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $13.95, for a total transaction of $216,197.10. Following the transaction, the vice president now directly owns 94,485 shares in the company, valued at approximately $1,318,066. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Entegris (NASDAQ:ENTG) traded up 1.53% on Tuesday, hitting $13.955. The stock had a trading volume of 947,300 shares. Entegris has a one year low of $8.97 and a one year high of $14.00. The stock’s 50-day moving average is $12.12 and its 200-day moving average is $11.73. The company has a market cap of $1.942 billion and a P/E ratio of 26.95.
Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.01. The company had revenue of $165.80 million for the quarter, compared to the consensus estimate of $171.70 million. During the same quarter in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up .4% on a year-over-year basis. On average, analysts predict that Entegris will post $0.72 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on ENTG shares. Analysts at Needham & Company LLC raised their price target on shares of Entegris from $14.00 to $16.00 in a research note on Friday, June 20th. They now have a “buy” rating on the stock. Separately, analysts at Dougherty & Co raised their price target on shares of Entegris from $13.50 to $17.00 in a research note on Friday, June 20th. They now have a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Entegris from $14.00 to $15.00 in a research note on Friday, June 20th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $13.71.
Entegris, Inc is a global developer, manufacturer and supplier of products and materials used in processing and manufacturing in the semiconductor and other high-technology industries.
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