Nationwide Fund Advisors increased its stake in Entegris, Inc. (NASDAQ:ENTG) by 0.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 191,245 shares of the semiconductor company’s stock after buying an additional 505 shares during the period. Nationwide Fund Advisors owned about 0.13% of Entegris worth $4,198,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Entegris by 11.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,324 shares of the semiconductor company’s stock worth $117,000 after buying an additional 533 shares during the last quarter. FNY Partners Fund LP bought a new stake in shares of Entegris in the first quarter worth $154,000. Seven Eight Capital LP bought a new stake in shares of Entegris in the second quarter worth $149,000. HighTower Advisors LLC bought a new stake in shares of Entegris in the first quarter worth $264,000. Finally, Teacher Retirement System of Texas increased its stake in shares of Entegris by 0.5% in the second quarter. Teacher Retirement System of Texas now owns 11,271 shares of the semiconductor company’s stock worth $247,000 after buying an additional 53 shares during the last quarter. Institutional investors and hedge funds own 95.08% of the company’s stock.

In other Entegris news, CFO Gregory B. Graves sold 4,908 shares of the stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $26.00, for a total transaction of $127,608.00. Following the completion of the transaction, the chief financial officer now directly owns 65,554 shares in the company, valued at $1,704,404. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Corey Rucci sold 15,000 shares of the stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $26.25, for a total value of $393,750.00. Following the transaction, the vice president now owns 25,964 shares of the company’s stock, valued at $681,555. The disclosure for this sale can be found here. Insiders have sold 85,764 shares of company stock valued at $2,223,894 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

Shares of Entegris, Inc. (NASDAQ ENTG) opened at 28.95 on Friday. The firm’s 50-day moving average is $26.71 and its 200 day moving average is $24.81. Entegris, Inc. has a 1-year low of $14.73 and a 1-year high of $29.30. The company has a market cap of $4.10 billion, a price-to-earnings ratio of 34.42 and a beta of 1.52.

Entegris (NASDAQ:ENTG) last issued its earnings results on Thursday, July 27th. The semiconductor company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.29 by $0.05. Entegris had a return on equity of 17.04% and a net margin of 9.63%. The firm had revenue of $329.00 million during the quarter, compared to analysts’ expectations of $324.51 million. During the same period last year, the business earned $0.28 earnings per share. Entegris’s quarterly revenue was up 8.5% compared to the same quarter last year. Equities analysts expect that Entegris, Inc. will post $1.28 EPS for the current fiscal year.

A number of analysts recently issued reports on ENTG shares. BidaskClub lowered shares of Entegris from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd. Deutsche Bank AG initiated coverage on shares of Entegris in a research note on Wednesday, July 5th. They set a “hold” rating and a $24.00 target price for the company. KeyCorp reiterated an “outperform” rating and set a $30.00 target price on shares of Entegris in a research note on Saturday, September 16th. Zacks Investment Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating and set a $30.00 target price for the company in a research note on Monday, July 31st. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $29.00 target price (up previously from $28.00) on shares of Entegris in a research note on Sunday, July 30th. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. Entegris currently has a consensus rating of “Buy” and an average target price of $28.90.

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About Entegris

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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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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