Jump Financial LLC Has $263,000 Stake in Entegris, Inc. (NASDAQ:ENTG)

Jump Financial LLC lowered its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 55.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,659 shares of the semiconductor company's stock after selling 3,289 shares during the period. Jump Financial LLC's holdings in Entegris were worth $263,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ENTG. Harber Asset Management LLC acquired a new stake in Entegris in the 4th quarter worth approximately $6,895,000. Argent Trust Co raised its position in shares of Entegris by 24.4% in the fourth quarter. Argent Trust Co now owns 4,347 shares of the semiconductor company's stock valued at $431,000 after purchasing an additional 853 shares during the period. Treasurer of the State of North Carolina lifted its stake in shares of Entegris by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 66,217 shares of the semiconductor company's stock worth $6,559,000 after buying an additional 420 shares during the last quarter. Capital Fund Management S.A. bought a new stake in shares of Entegris during the 4th quarter worth $2,887,000. Finally, F M Investments LLC acquired a new position in Entegris in the 4th quarter valued at $285,000.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. KeyCorp cut their target price on shares of Entegris from $141.00 to $130.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Mizuho cut their price objective on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. StockNews.com downgraded Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $123.50.

Insider Buying and Selling

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Olivier Blachier sold 984 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. This represents a 8.28 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.61% of the company's stock.

Entegris Price Performance

Shares of ENTG stock opened at $80.73 on Friday. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57. The company has a market capitalization of $12.22 billion, a P/E ratio of 41.83, a P/E/G ratio of 1.50 and a beta of 1.36. The stock has a 50 day moving average of $87.46 and a two-hundred day moving average of $98.35. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, equities analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.50%. Entegris's payout ratio is currently 20.73%.

Entegris 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).

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