Rogers Corporation (NYSE:ROG) SVP Robert C. Daigle sold 208 shares of Rogers Corporation stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $135.86, for a total value of $28,258.88. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Robert C. Daigle also recently made the following trade(s):

  • On Tuesday, August 1st, Robert C. Daigle sold 4,485 shares of Rogers Corporation stock. The shares were sold at an average price of $121.52, for a total value of $545,017.20.

Rogers Corporation (ROG) traded down 0.67% during mid-day trading on Friday, hitting $136.96. The stock had a trading volume of 68,748 shares. The stock has a 50-day moving average price of $124.14 and a 200 day moving average price of $109.23. Rogers Corporation has a 12-month low of $51.98 and a 12-month high of $138.32. The firm has a market cap of $2.49 billion, a P/E ratio of 33.03 and a beta of 1.16.

Rogers Corporation (NYSE:ROG) last posted its quarterly earnings results on Monday, July 31st. The electronics maker reported $1.33 EPS for the quarter, beating the consensus estimate of $1.20 by $0.13. The business had revenue of $201.40 million during the quarter, compared to analysts’ expectations of $195.60 million. Rogers Corporation had a return on equity of 13.28% and a net margin of 10.21%. The company’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same period last year, the firm earned $0.88 EPS. Equities analysts anticipate that Rogers Corporation will post $5.55 EPS for the current fiscal year.

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Several research analysts recently weighed in on ROG shares. Zacks Investment Research cut Rogers Corporation from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. B. Riley reiterated a “buy” rating and set a $147.00 price target on shares of Rogers Corporation in a research report on Tuesday, August 15th. BidaskClub cut Rogers Corporation from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 16th. Needham & Company LLC reiterated a “buy” rating and set a $135.00 price target (up from $115.00) on shares of Rogers Corporation in a research report on Wednesday, August 2nd. Finally, Sidoti restated a “buy” rating and issued a $125.00 price objective (up from $120.00) on shares of Rogers Corporation in a research report on Monday, June 19th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Rogers Corporation has a consensus rating of “Buy” and an average target price of $134.25.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Alps Advisors Inc. lifted its holdings in shares of Rogers Corporation by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 5,891 shares of the electronics maker’s stock valued at $640,000 after buying an additional 16 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Rogers Corporation by 0.7% in the 1st quarter. HighTower Advisors LLC now owns 5,842 shares of the electronics maker’s stock valued at $502,000 after buying an additional 42 shares during the period. Municipal Employees Retirement System of Michigan lifted its holdings in shares of Rogers Corporation by 1.2% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 4,110 shares of the electronics maker’s stock valued at $353,000 after buying an additional 50 shares during the period. Clinton Group Inc. lifted its holdings in shares of Rogers Corporation by 1.7% in the 1st quarter. Clinton Group Inc. now owns 2,992 shares of the electronics maker’s stock valued at $257,000 after buying an additional 51 shares during the period. Finally, Louisiana State Employees Retirement System lifted its holdings in shares of Rogers Corporation by 1.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 7,400 shares of the electronics maker’s stock valued at $804,000 after buying an additional 100 shares during the period. 92.89% of the stock is owned by institutional investors and hedge funds.

About Rogers Corporation

Rogers Corporation manufactures and sells engineered materials and components for mission critical applications. The Company’s segments are Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES) and Other. The ACS segment manufactures and sells circuit materials and solutions for applications in wireless communications infrastructure, automotive, connected devices, consumer electronics and aerospace/defense.

Insider Buying and Selling by Quarter for Rogers Corporation (NYSE:ROG)

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