Rogers (NYSE:ROG) SVP Brian Keith Larabee Sells 830 Shares of Stock

Rogers Corporation (NYSE:ROGGet Free Report) SVP Brian Keith Larabee sold 830 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the completion of the transaction, the senior vice president directly owned 5,515 shares in the company, valued at $749,543.65. This trade represents a 13.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Rogers Stock Performance

ROG stock opened at $134.38 on Friday. Rogers Corporation has a one year low of $61.17 and a one year high of $137.94. The company’s fifty day moving average price is $111.81 and its 200-day moving average price is $98.61. The company has a market capitalization of $2.40 billion, a PE ratio of -44.65 and a beta of 0.51.

Rogers (NYSE:ROGGet Free Report) last released its earnings results on Tuesday, April 28th. The electronics maker reported $0.75 EPS for the quarter, topping the consensus estimate of $0.68 by $0.07. The firm had revenue of $200.50 million for the quarter, compared to the consensus estimate of $200.50 million. Rogers had a negative net margin of 6.81% and a positive return on equity of 4.31%. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. On average, research analysts predict that Rogers Corporation will post 3.71 EPS for the current fiscal year.

Rogers News Summary

Here are the key news stories impacting Rogers this week:

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Capital Research Global Investors grew its holdings in shares of Rogers by 24.3% in the fourth quarter. Capital Research Global Investors now owns 1,519,040 shares of the electronics maker’s stock worth $139,098,000 after purchasing an additional 297,380 shares during the last quarter. Norges Bank bought a new position in Rogers during the 4th quarter worth about $119,157,000. State Street Corp grew its holdings in Rogers by 3.8% during the 4th quarter. State Street Corp now owns 732,659 shares of the electronics maker’s stock worth $67,090,000 after acquiring an additional 27,036 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Rogers by 38.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock worth $40,863,000 after acquiring an additional 165,174 shares in the last quarter. Finally, Clearline Capital LP grew its holdings in Rogers by 36.6% during the 4th quarter. Clearline Capital LP now owns 472,841 shares of the electronics maker’s stock worth $43,298,000 after acquiring an additional 126,636 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. B. Riley Financial reaffirmed a “buy” rating on shares of Rogers in a research note on Thursday, April 23rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rogers in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $133.00.

Get Our Latest Stock Analysis on ROG

About Rogers

(Get Free Report)

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.

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