NumerixS Investment Technologies Inc Invests $254,000 in Entegris Inc (NASDAQ:ENTG)

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NumerixS Investment Technologies Inc acquired a new position in Entegris Inc (NASDAQ:ENTG) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,800 shares of the semiconductor company’s stock, valued at approximately $254,000.

Several other large investors have also added to or reduced their stakes in the company. ETRADE Capital Management LLC increased its stake in shares of Entegris by 4.2% in the second quarter. ETRADE Capital Management LLC now owns 36,463 shares of the semiconductor company’s stock worth $1,361,000 after acquiring an additional 1,473 shares during the period. MML Investors Services LLC grew its position in Entegris by 18.2% during the second quarter. MML Investors Services LLC now owns 6,864 shares of the semiconductor company’s stock valued at $256,000 after buying an additional 1,059 shares during the period. Meadow Creek Investment Management LLC acquired a new stake in Entegris during the second quarter valued at $142,000. Glen Harbor Capital Management LLC acquired a new stake in Entegris during the second quarter valued at $181,000. Finally, Elkfork Partners LLC acquired a new stake in Entegris during the second quarter valued at $220,000.

ENTG traded up $0.04 during midday trading on Thursday, hitting $47.63. 282,022 shares of the company traded hands, compared to its average volume of 722,458. The company has a current ratio of 4.87, a quick ratio of 3.66 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $6.39 billion, a price-to-earnings ratio of 25.20 and a beta of 1.37. Entegris Inc has a 52-week low of $23.39 and a 52-week high of $48.00. The business has a 50 day simple moving average of $43.06 and a two-hundred day simple moving average of $38.85.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, July 25th. The semiconductor company reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.04). The company had revenue of $378.90 million for the quarter, compared to analysts’ expectations of $382.02 million. Entegris had a net margin of 18.18% and a return on equity of 24.13%. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 earnings per share. Equities research analysts anticipate that Entegris Inc will post 1.91 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, July 31st were paid a $0.08 dividend. This is an increase from Entegris’s previous quarterly dividend of $0.07. This represents a $0.32 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend was Tuesday, July 30th. Entegris’s dividend payout ratio (DPR) is currently 16.93%.

Several analysts recently commented on ENTG shares. Citigroup set a $45.00 price target on shares of Entegris and gave the company a “hold” rating in a research report on Friday, July 26th. CL King started coverage on shares of Entegris in a research report on Thursday, June 20th. They set a “buy” rating and a $44.00 price target on the stock. Goldman Sachs Group upgraded shares of Entegris from a “neutral” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Monday, June 10th. Zacks Investment Research lowered shares of Entegris from a “hold” rating to a “sell” rating in a research report on Tuesday, June 25th. Finally, BidaskClub raised shares of Entegris from a “buy” rating to a “strong-buy” rating in a report on Friday, August 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Entegris currently has a consensus rating of “Buy” and a consensus target price of $44.50.

In other news, CFO Gregory B. Graves sold 25,974 shares of the firm’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $45.00, for a total value of $1,168,830.00. Following the transaction, the chief financial officer now directly owns 74,521 shares of the company’s stock, valued at $3,353,445. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP William James Shaner sold 24,294 shares of the firm’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $44.33, for a total transaction of $1,076,953.02. Following the completion of the transaction, the senior vice president now directly owns 25,536 shares in the company, valued at $1,132,010.88. The disclosure for this sale can be found here. Over the last three months, insiders sold 72,812 shares of company stock worth $3,242,453. Insiders own 1.50% of the company’s stock.

About Entegris

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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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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