Insider Selling: Entegris (NASDAQ:ENTG) SVP Sells $308,310.24 in Stock

Key Points

• Insider sale: Entegris SVP Susan Rice sold 2,062 shares for approximately $308,310, reducing her ownership by 2.99% while retaining 66,976 shares.
• Strong market and earnings performance: Entegris shares rose 7.3% to $161.20, while quarterly EPS of $0.93 and revenue of $883.2 million exceeded analyst expectations. Revenue increased 11.5% year over year.
• Positive outlook: Analysts maintain an average “Buy” rating with a $170.89 price target, and the company declared a quarterly dividend of $0.10 per share, equivalent to a 0.2% yield.

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) SVP Susan Rice sold 2,062 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the transaction, the senior vice president owned 66,976 shares of the company's stock, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Entegris Stock Up 7.3%

NASDAQ ENTG traded up $10.99 during trading on Wednesday, hitting $161.20. The stock had a trading volume of 1,596,094 shares, compared to its average volume of 3,043,722. The company has a market capitalization of $24.58 billion, a PE ratio of 81.01, a P/E/G ratio of 1.34 and a beta of 1.35. The company's 50-day moving average price is $145.27 and its two-hundred day moving average price is $135.22. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company had revenue of $883.20 million during the quarter, compared to analysts' expectations of $835.79 million. During the same period last year, the business earned $0.66 EPS. The business's quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.2%. Entegris's payout ratio is 20.10%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ENTG shares. Freedom Capital upgraded Entegris to a "strong-buy" rating in a report on Monday, August 3rd. Oppenheimer restated an "outperform" rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Citigroup reiterated a "buy" rating on shares of Entegris in a research note on Thursday, April 30th. BMO Capital Markets increased their price objective on Entegris from $153.00 to $167.00 and gave the company an "outperform" rating in a report on Monday, July 6th. Finally, Zacks Research raised shares of Entegris from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Entegris presently has an average rating of "Buy" and an average price target of $170.89.

Institutional Investors Weigh In On Entegris

A number of large investors have recently added to or reduced their stakes in ENTG. Millstone Evans Group LLC increased its holdings in shares of Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company's stock valued at $31,000 after purchasing an additional 176 shares during the last quarter. Steph & Co. bought a new stake in shares of Entegris during the 4th quarter worth about $25,000. First Horizon Corp grew its stake in Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company's stock valued at $35,000 after buying an additional 178 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Entegris in the 4th quarter valued at about $29,000. Finally, Elevated Capital Advisors LLC bought a new position in Entegris in the 1st quarter valued at about $44,000.

Entegris Company Profile

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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