Entegris, Inc. (NASDAQ:ENTG – Get Free Report) SVP Olivier Blachier sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the transaction, the senior vice president owned 34,897 shares in the company, valued at $4,886,975.88. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Olivier Blachier also recently made the following trade(s):
- On Tuesday, April 7th, Olivier Blachier sold 275 shares of Entegris stock. The stock was sold at an average price of $115.57, for a total transaction of $31,781.75.
- On Friday, February 20th, Olivier Blachier sold 1,664 shares of Entegris stock. The stock was sold at an average price of $131.49, for a total transaction of $218,799.36.
Entegris Price Performance
Shares of ENTG stock opened at $127.21 on Tuesday. The firm’s 50 day moving average is $130.60 and its 200-day moving average is $111.75. Entegris, Inc. has a 1 year low of $66.32 and a 1 year high of $159.15. The firm has a market capitalization of $19.40 billion, a price-to-earnings ratio of 73.53, a PEG ratio of 1.66 and a beta of 1.39. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91.
Entegris Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, April 29th. Entegris’s dividend payout ratio is currently 23.12%.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on ENTG shares. Mizuho set a $175.00 price objective on shares of Entegris in a report on Friday, May 1st. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. UBS Group increased their price objective on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. Finally, BMO Capital Markets restated an “outperform” rating and issued a $148.00 price objective on shares of Entegris in a report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $153.78.
View Our Latest Stock Analysis on Entegris
Institutional Investors Weigh In On Entegris
A number of hedge funds and other institutional investors have recently made changes to their positions in ENTG. California Public Employees Retirement System raised its holdings in shares of Entegris by 7.5% during the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after acquiring an additional 13,544 shares during the period. Squarepoint Ops LLC raised its holdings in shares of Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after acquiring an additional 18,195 shares during the period. Treasurer of the State of North Carolina raised its holdings in shares of Entegris by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock worth $5,647,000 after acquiring an additional 1,114 shares during the period. Alliancebernstein L.P. grew its position in Entegris by 3.8% in the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after purchasing an additional 7,292 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new position in Entegris in the second quarter valued at $241,000.
About Entegris
Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.
Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.
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