Other analysts have also issued reports about the stock. Zacks Investment Research raised shares of FirstService from a “strong sell” rating to a “hold” rating and set a $110.00 price objective on the stock in a research report on Tuesday, June 25th. ValuEngine lowered shares of Intersect ENT from a “buy” rating to a “hold” rating in a research report on Monday. Berenberg Bank set a €126.00 ($146.51) target price on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Thursday, March 21st. CL King initiated coverage on shares of Entegris in a research report on Thursday, June 20th. They set a “buy” rating and a $44.00 target price on the stock. Finally, Goldman Sachs Group lowered shares of SUMCO CORP/ADR from a “buy” rating to a “neutral” rating in a research report on Monday, June 10th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $44.00.
Entegris stock traded down $0.14 during midday trading on Tuesday, reaching $35.93. The stock had a trading volume of 1,647,900 shares, compared to its average volume of 1,789,917. The company has a debt-to-equity ratio of 0.93, a quick ratio of 3.06 and a current ratio of 4.34. Entegris has a 52-week low of $23.39 and a 52-week high of $42.01. The company has a market capitalization of $4.88 billion, a price-to-earnings ratio of 19.01 and a beta of 1.40. The stock has a fifty day simple moving average of $36.24.
In related news, CFO Gregory B. Graves sold 30,000 shares of Entegris stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $40.39, for a total transaction of $1,211,700.00. Following the transaction, the chief financial officer now directly owns 67,861 shares of the company’s stock, valued at $2,740,905.79. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Gregory Bryan Marshall sold 13,758 shares of Entegris stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $37.96, for a total transaction of $522,253.68. Following the transaction, the senior vice president now directly owns 12,435 shares in the company, valued at $472,032.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 62,894 shares of company stock worth $2,514,479. Corporate insiders own 1.50% of the company’s stock.
Hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. increased its holdings in Entegris by 1.8% during the fourth quarter. Principal Financial Group Inc. now owns 1,211,863 shares of the semiconductor company’s stock valued at $33,805,000 after buying an additional 21,515 shares during the period. Vanguard Group Inc increased its holdings in Entegris by 3.5% during the third quarter. Vanguard Group Inc now owns 12,923,047 shares of the semiconductor company’s stock valued at $374,123,000 after buying an additional 437,632 shares during the period. Comerica Bank increased its holdings in Entegris by 19.5% during the first quarter. Comerica Bank now owns 160,965 shares of the semiconductor company’s stock valued at $6,336,000 after buying an additional 26,230 shares during the period. Sawtooth Solutions LLC purchased a new position in Entegris during the first quarter valued at approximately $241,000. Finally, Commerce Bank purchased a new position in Entegris during the first quarter valued at approximately $513,000.
Entegris Company Profile
Entegris, Inc develops, manufactures, and supplies micro contamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH).
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