Entegris Inc (NASDAQ:ENTG) COO Todd James Edlund sold 6,945 shares of the company’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $36.32, for a total transaction of $252,242.40. Following the sale, the chief operating officer now owns 157,406 shares in the company, valued at $5,716,985.92. The sale was disclosed in a filing with the SEC, which is available at this link.
Todd James Edlund also recently made the following trade(s):
- On Tuesday, February 20th, Todd James Edlund sold 5,000 shares of Entegris stock. The shares were sold at an average price of $33.82, for a total transaction of $169,100.00.
Entegris Inc (ENTG) traded down $0.15 during trading on Monday, reaching $36.40. 882,843 shares of the company were exchanged, compared to its average volume of 942,036. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.63 and a quick ratio of 2.95. Entegris Inc has a 12 month low of $21.30 and a 12 month high of $36.88. The stock has a market cap of $5,160.00, a price-to-earnings ratio of 61.92, a P/E/G ratio of 1.86 and a beta of 1.44.
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st were paid a $0.07 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $0.28 dividend on an annualized basis and a yield of 0.77%. Entegris’s dividend payout ratio is currently 23.73%.
Several brokerages have recently issued reports on ENTG. ValuEngine upgraded shares of Entegris from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. Zacks Investment Research raised shares of Entegris from a “sell” rating to a “hold” rating and set a $34.00 price objective on the stock in a research report on Thursday, February 8th. Dougherty & Co increased their price objective on shares of Entegris from $36.00 to $37.50 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Needham & Company LLC reissued a “buy” rating and issued a $37.00 price objective (up from $35.00) on shares of Entegris in a research report on Wednesday, February 7th. Finally, Citigroup raised shares of Entegris from a “neutral” rating to a “buy” rating and set a $34.00 price objective on the stock in a research report on Thursday, February 15th. Three research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $32.77.
A number of hedge funds have recently modified their holdings of the business. Xact Kapitalforvaltning AB bought a new position in Entegris in the 4th quarter worth about $414,000. MetLife Investment Advisors LLC bought a new position in Entegris in the 4th quarter worth about $1,983,000. Gotham Asset Management LLC grew its stake in Entegris by 794.9% in the 4th quarter. Gotham Asset Management LLC now owns 85,031 shares of the semiconductor company’s stock worth $2,589,000 after acquiring an additional 75,529 shares in the last quarter. Vident Investment Advisory LLC grew its stake in Entegris by 6.5% in the 4th quarter. Vident Investment Advisory LLC now owns 105,604 shares of the semiconductor company’s stock worth $3,216,000 after acquiring an additional 6,446 shares in the last quarter. Finally, Verition Fund Management LLC bought a new position in Entegris in the 4th quarter worth about $261,000. Institutional investors and hedge funds own 96.56% of the company’s stock.
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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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