Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Inspire Advisors LLC

Inspire Advisors LLC decreased its stake in Entegris, Inc. (NASDAQ:ENTG) by 78.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,055 shares of the semiconductor company’s stock after selling 21,474 shares during the quarter. Inspire Advisors LLC’s holdings in Entegris were worth $600,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of ENTG. Mountaineer Partners Management LLC grew its position in shares of Entegris by 16,255.1% in the third quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock valued at $1,242,848,000 after purchasing an additional 10,977,064 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Entegris in the fourth quarter worth about $91,869,000. Principal Financial Group Inc. lifted its stake in shares of Entegris by 130.8% in the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock worth $155,287,000 after buying an additional 781,955 shares in the last quarter. Swedbank AB lifted its stake in shares of Entegris by 249.7% in the third quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company’s stock worth $118,197,000 after buying an additional 750,000 shares in the last quarter. Finally, James Hambro & Partners LLP purchased a new position in shares of Entegris in the fourth quarter worth about $72,845,000.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the sale, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. This trade represents a 26.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Olivier Blachier sold 984 shares of Entegris stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares of the company’s stock, valued at approximately $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

Entegris Stock Performance

NASDAQ ENTG opened at $93.85 on Wednesday. The stock has a fifty day simple moving average of $102.52 and a 200-day simple moving average of $105.50. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The stock has a market cap of $14.18 billion, a PE ratio of 48.63, a P/E/G ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a twelve month low of $92.84 and a twelve month high of $147.57.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. Equities analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date was Wednesday, January 29th. Entegris’s dividend payout ratio is presently 20.73%.

Analysts Set New Price Targets

Several research firms have recently weighed in on ENTG. StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, February 27th. Needham & Company LLC reissued a “buy” rating and issued a $120.00 price target on shares of Entegris in a research note on Friday, February 7th. KeyCorp decreased their price target on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Finally, Mizuho decreased their price target on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and an average price target of $124.88.

Entegris Company Profile

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).