Entegris Inc (ENTG) Shares Bought by Bogle Investment Management L P DE
Bogle Investment Management L P DE boosted its holdings in Entegris Inc (NASDAQ:ENTG) by 913.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 306,038 shares of the semiconductor company’s stock after purchasing an additional 275,831 shares during the period. Bogle Investment Management L P DE’s holdings in Entegris were worth $9,318,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of ENTG. Wolverine Trading LLC raised its stake in Entegris by 149.6% in the 3rd quarter. Wolverine Trading LLC now owns 6,989 shares of the semiconductor company’s stock valued at $202,000 after acquiring an additional 21,089 shares during the period. CAPROCK Group Inc. bought a new stake in Entegris in the 4th quarter valued at $220,000. Barings LLC bought a new stake in Entegris in the 3rd quarter valued at $225,000. Welch & Forbes LLC bought a new stake in Entegris in the 3rd quarter valued at $236,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Entegris by 50.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,016 shares of the semiconductor company’s stock valued at $244,000 after acquiring an additional 2,692 shares during the period. Institutional investors and hedge funds own 95.59% of the company’s stock.
Entegris Inc (NASDAQ ENTG) opened at $33.65 on Friday. The company has a quick ratio of 2.95, a current ratio of 3.63 and a debt-to-equity ratio of 0.58. Entegris Inc has a 1-year low of $20.85 and a 1-year high of $35.35. The company has a market capitalization of $4,600.00, a price-to-earnings ratio of 57.03, a price-to-earnings-growth ratio of 1.69 and a beta of 1.44.
In other Entegris news, CEO Bertrand Loy sold 175,000 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $33.48, for a total value of $5,859,000.00. Following the transaction, the chief executive officer now directly owns 581,012 shares of the company’s stock, valued at approximately $19,452,281.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Corey Rucci sold 9,986 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $33.90, for a total value of $338,525.40. Following the completion of the transaction, the senior vice president now directly owns 21,065 shares in the company, valued at $714,103.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 315,323 shares of company stock worth $10,549,112. Insiders own 1.50% of the company’s stock.
A number of equities research analysts recently weighed in on ENTG shares. ValuEngine upgraded Entegris from a “hold” rating to a “buy” rating in a research note on Thursday, February 8th. Dougherty & Co increased their price target on Entegris from $36.00 to $37.50 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Needham & Company LLC restated a “buy” rating and issued a $37.00 price target (up previously from $35.00) on shares of Entegris in a research note on Wednesday, February 7th. Craig Hallum upgraded Entegris from a “hold” rating to a “buy” rating in a research note on Tuesday, February 6th. Finally, Seaport Global Securities initiated coverage on Entegris in a research note on Friday, December 15th. They issued a “buy” rating and a $37.00 price target on the stock. Three investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $32.77.
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Entegris Company Profile
Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).
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