Entegris, Inc. (NASDAQ:ENTG) SVP Sells $1,352,751.84 in Stock

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) SVP Clinton M. Haris sold 12,652 shares of the company's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the sale, the senior vice president now owns 34,820 shares of the company's stock, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Entegris Stock Down 1.6 %

Shares of NASDAQ:ENTG traded down $1.73 during mid-day trading on Friday, hitting $107.12. 1,709,676 shares of the company traded hands, compared to its average volume of 2,516,464. The firm has a market cap of $16.18 billion, a P/E ratio of 55.50, a PEG ratio of 1.49 and a beta of 1.24. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. Entegris, Inc. has a 52-week low of $94.92 and a 52-week high of $147.57. The firm's 50 day simple moving average is $103.20 and its 200 day simple moving average is $106.28.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 13.00% and a net margin of 9.03%. On average, equities analysts anticipate that Entegris, Inc. will post 3.63 EPS for the current year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. Entegris's dividend payout ratio (DPR) is presently 20.73%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ENTG. Craig Hallum cut their price objective on Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. KeyCorp cut their price objective on Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a report on Friday, February 7th. Mizuho cut their price objective on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Citigroup cut their price objective on Entegris from $130.00 to $123.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. Finally, BMO Capital Markets cut their price objective on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and a consensus target price of $128.78.

Institutional Investors Weigh In On Entegris

A number of hedge funds have recently bought and sold shares of ENTG. Quarry LP acquired a new stake in Entegris during the 4th quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new stake in Entegris during the 3rd quarter valued at approximately $29,000. Blue Trust Inc. grew its stake in Entegris by 221.3% during the 3rd quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock valued at $39,000 after purchasing an additional 239 shares in the last quarter. Fortitude Family Office LLC grew its stake in Entegris by 195.7% during the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 274 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in Entegris during the 4th quarter valued at approximately $42,000.

Entegris Company Profile

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).