Entegris, Inc. (NASDAQ:ENTG) Director Robert Nicholas Burns sold 4,901 shares of the stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $24.51, for a total transaction of $120,123.51. Following the transaction, the director now owns 51,272 shares in the company, valued at $1,256,676.72. The sale was disclosed in a filing with the SEC, which is available through this link.

Entegris, Inc. (ENTG) remained flat at $24.45 during mid-day trading on Wednesday. 661,438 shares of the stock traded hands. The firm has a 50 day moving average price of $24.47 and a 200-day moving average price of $23.42. The company has a market cap of $3.47 billion, a PE ratio of 29.07 and a beta of 1.47. Entegris, Inc. has a 12 month low of $14.73 and a 12 month high of $27.20.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.05. Entegris had a return on equity of 17.04% and a net margin of 9.63%. The business had revenue of $329 million during the quarter, compared to the consensus estimate of $324.51 million. During the same period in the previous year, the company posted $0.28 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. Analysts predict that Entegris, Inc. will post $1.28 earnings per share for the current fiscal year.

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Institutional investors have recently made changes to their positions in the company. Swiss National Bank increased its position in shares of Entegris by 1.6% in the first quarter. Swiss National Bank now owns 232,400 shares of the semiconductor company’s stock worth $5,438,000 after buying an additional 3,700 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Entegris by 12.1% in the first quarter. Bank of New York Mellon Corp now owns 864,891 shares of the semiconductor company’s stock worth $20,238,000 after buying an additional 93,089 shares in the last quarter. American Century Companies Inc. increased its position in shares of Entegris by 75.8% in the first quarter. American Century Companies Inc. now owns 373,793 shares of the semiconductor company’s stock worth $8,747,000 after buying an additional 161,192 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Entegris by 5.7% in the first quarter. Wells Fargo & Company MN now owns 936,434 shares of the semiconductor company’s stock worth $21,913,000 after buying an additional 50,851 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Entegris by 22.9% in the first quarter. Russell Investments Group Ltd. now owns 269,909 shares of the semiconductor company’s stock worth $6,316,000 after buying an additional 50,220 shares in the last quarter. 97.16% of the stock is owned by institutional investors and hedge funds.

Several brokerages have issued reports on ENTG. BidaskClub cut shares of Entegris from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Stifel Nicolaus reiterated a “buy” rating and set a $28.00 target price (up from $26.00) on shares of Entegris in a report on Thursday, July 13th. Zacks Investment Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating and set a $30.00 target price on the stock in a report on Monday, July 31st. Dougherty & Co increased their target price on shares of Entegris from $27.50 to $30.00 and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, Craig Hallum cut shares of Entegris from a “buy” rating to a “hold” rating in a report on Friday, April 28th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $27.50.

Entegris Company Profile

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).

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

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