Entegris Inc (ENTG) Holdings Cut by Fox Run Management L.L.C.

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Fox Run Management L.L.C. cut its holdings in Entegris Inc (NASDAQ:ENTG) by 30.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,456 shares of the semiconductor company’s stock after selling 5,353 shares during the quarter. Fox Run Management L.L.C.’s holdings in Entegris were worth $361,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Summit Trail Advisors LLC lifted its stake in Entegris by 1,797.3% in the first quarter. Summit Trail Advisors LLC now owns 155,127 shares of the semiconductor company’s stock valued at $155,000 after buying an additional 146,951 shares during the period. Centaurus Financial Inc. acquired a new position in Entegris in the second quarter valued at approximately $170,000. Signition LP acquired a new position in Entegris in the second quarter valued at approximately $207,000. Raymond James Financial Services Advisors Inc. acquired a new position in Entegris in the second quarter valued at approximately $207,000. Finally, Paloma Partners Management Co acquired a new position in Entegris in the second quarter valued at approximately $208,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director James Gentilcore sold 14,868 shares of the business’s stock in a transaction that occurred on Friday, August 31st. The stock was sold at an average price of $33.92, for a total transaction of $504,322.56. Following the completion of the sale, the director now owns 4,090 shares in the company, valued at $138,732.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Stuart Tison sold 8,630 shares of the business’s stock in a transaction that occurred on Tuesday, August 7th. The shares were sold at an average price of $36.01, for a total value of $310,766.30. Following the sale, the senior vice president now owns 78,402 shares of the company’s stock, valued at approximately $2,823,256.02. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,024 shares of company stock valued at $1,268,095. Corporate insiders own 1.20% of the company’s stock.

Several equities analysts have issued reports on the company. BidaskClub lowered Entegris from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th. Stifel Nicolaus boosted their price target on Entegris from $44.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, July 2nd. ValuEngine lowered Entegris from a “buy” rating to a “hold” rating in a research note on Wednesday, July 11th. Finally, Zacks Investment Research lowered Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, October 4th. Three research analysts have rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $41.60.

NASDAQ ENTG opened at $26.58 on Thursday. The company has a market cap of $4.10 billion, a PE ratio of 18.49 and a beta of 1.41. Entegris Inc has a 52 week low of $26.28 and a 52 week high of $39.55. The company has a quick ratio of 2.49, a current ratio of 3.79 and a debt-to-equity ratio of 0.62.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, July 26th. The semiconductor company reported $0.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.04. The firm had revenue of $383.06 million during the quarter, compared to the consensus estimate of $378.52 million. Entegris had a return on equity of 24.90% and a net margin of 8.61%. The company’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.34 earnings per share. On average, equities analysts anticipate that Entegris Inc will post 1.95 earnings per share for the current fiscal year.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH).

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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