Values First Advisors Inc. Reduces Stake in Entegris, Inc. (NASDAQ:ENTG)

Values First Advisors Inc. lowered its position in Entegris, Inc. (NASDAQ:ENTG) by 16.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,129 shares of the semiconductor company’s stock after selling 805 shares during the period. Values First Advisors Inc.’s holdings in Entegris were worth $495,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Sendero Wealth Management LLC lifted its holdings in Entegris by 1.3% in the fourth quarter. Sendero Wealth Management LLC now owns 14,170 shares of the semiconductor company’s stock valued at $1,698,000 after acquiring an additional 182 shares during the period. Raymond James & Associates raised its stake in shares of Entegris by 1.6% during the 4th quarter. Raymond James & Associates now owns 110,314 shares of the semiconductor company’s stock worth $13,218,000 after buying an additional 1,723 shares during the period. Caldwell Investment Management Ltd. acquired a new position in shares of Entegris during the 4th quarter worth approximately $1,489,000. OneAscent Wealth Management LLC acquired a new position in shares of Entegris during the 4th quarter worth approximately $200,000. Finally, OneAscent Financial Services LLC raised its stake in shares of Entegris by 51.0% during the 4th quarter. OneAscent Financial Services LLC now owns 3,355 shares of the semiconductor company’s stock worth $402,000 after buying an additional 1,133 shares during the period.

Entegris Stock Down 0.3 %

ENTG stock traded down $0.45 during mid-day trading on Thursday, reaching $140.54. The company had a trading volume of 895,385 shares, compared to its average volume of 1,435,615. The company has a debt-to-equity ratio of 1.35, a quick ratio of 2.67 and a current ratio of 3.85. The company has a market capitalization of $21.18 billion, a price-to-earnings ratio of 118.64 and a beta of 1.32. The firm has a fifty day simple moving average of $131.19 and a 200 day simple moving average of $112.02. Entegris, Inc. has a fifty-two week low of $69.37 and a fifty-two week high of $146.91.

Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, February 13th. The semiconductor company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. Entegris had a return on equity of 12.00% and a net margin of 5.13%. The business had revenue of $812.30 million for the quarter, compared to analyst estimates of $780.95 million. During the same quarter last year, the company earned $0.83 EPS. The business’s quarterly revenue was down 14.1% on a year-over-year basis. Analysts forecast that Entegris, Inc. will post 3.31 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, January 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.28%. Entegris’s dividend payout ratio is presently 33.61%.

Insider Buying and Selling

In other Entegris news, CAO Michael Sauer sold 1,897 shares of Entegris stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $132.54, for a total value of $251,428.38. Following the transaction, the chief accounting officer now directly owns 1,779 shares in the company, valued at approximately $235,788.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CAO Michael Sauer sold 1,897 shares of Entegris stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $132.54, for a total value of $251,428.38. Following the sale, the chief accounting officer now directly owns 1,779 shares in the company, valued at $235,788.66. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Michael Besnard sold 12,667 shares of Entegris stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $135.78, for a total value of $1,719,925.26. Following the completion of the sale, the senior vice president now owns 10,213 shares in the company, valued at $1,386,721.14. The disclosure for this sale can be found here. Insiders have sold 41,082 shares of company stock worth $5,606,849 in the last quarter. 0.67% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ENTG has been the subject of several analyst reports. Wolfe Research initiated coverage on Entegris in a report on Friday, March 1st. They issued an “outperform” rating and a $160.00 target price for the company. Needham & Company LLC reiterated a “buy” rating and set a $150.00 price target on shares of Entegris in a report on Thursday, March 7th. StockNews.com cut Entegris from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. BMO Capital Markets increased their price target on Entegris from $130.00 to $160.00 and gave the stock an “outperform” rating in a report on Friday, February 16th. Finally, Mizuho reiterated a “neutral” rating and set a $140.00 price target on shares of Entegris in a report on Tuesday, February 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Entegris has an average rating of “Moderate Buy” and a consensus target price of $141.64.

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).