Entegris, Inc. (NASDAQ:ENTG) SVP Sells $19,860.50 in Stock

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) SVP Olivier Blachier sold 275 shares of the business's stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $72.22, for a total transaction of $19,860.50. Following the sale, the senior vice president now directly owns 14,923 shares of the company's stock, valued at approximately $1,077,739.06. This represents a 1.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Entegris Price Performance

ENTG traded down $2.30 on Wednesday, reaching $72.63. The company had a trading volume of 2,679,174 shares, compared to its average volume of 2,516,136. The company has a fifty day moving average of $77.75 and a 200-day moving average of $94.21. The company has a market capitalization of $11.00 billion, a P/E ratio of 37.63, a PEG ratio of 1.50 and a beta of 1.33. 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, Inc. has a one year low of $60.75 and a one year high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.02). The company had revenue of $773.20 million during the quarter, compared to the consensus estimate of $790.75 million. Entegris had a net margin of 9.03% and a return on equity of 12.83%. The company's revenue was up .3% on a year-over-year basis. During the same quarter last year, the business earned $0.68 earnings per share. As a group, equities research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date was Wednesday, April 30th. Entegris's payout ratio is currently 19.61%.

Analysts Set New Price Targets

Several research firms have recently commented on ENTG. Wall Street Zen lowered Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. Needham & Company LLC restated a "buy" rating and set a $100.00 price objective on shares of Entegris in a research note on Tuesday, May 20th. UBS Group lowered their price target on shares of Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. KeyCorp decreased their target price on shares of Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Finally, Citigroup decreased their target price on shares of Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Entegris presently has an average rating of "Moderate Buy" and an average price target of $113.00.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Entegris by 2.3% during the first quarter. Vanguard Group Inc. now owns 15,553,199 shares of the semiconductor company's stock worth $1,360,594,000 after buying an additional 351,053 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Entegris by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company's stock worth $1,185,852,000 after buying an additional 2,361,065 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Entegris by 235.8% during the 1st quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock worth $438,642,000 after acquiring an additional 3,520,997 shares in the last quarter. Norges Bank bought a new stake in shares of Entegris during the 4th quarter worth $445,988,000. Finally, Select Equity Group L.P. boosted its stake in shares of Entegris by 6.9% during the 1st quarter. Select Equity Group L.P. now owns 4,074,232 shares of the semiconductor company's stock worth $356,414,000 after acquiring an additional 263,168 shares in the last quarter.

About Entegris

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).