Glaxis Capital Management LLC Invests $609,000 in Entegris Inc (ENTG) Stock

Glaxis Capital Management LLC acquired a new position in Entegris Inc (NASDAQ:ENTG) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 20,000 shares of the semiconductor company’s stock, valued at approximately $609,000. Entegris accounts for 0.9% of Glaxis Capital Management LLC’s portfolio, making the stock its 20th largest holding.

A number of other institutional investors have also recently bought and sold shares of the stock. PNC Financial Services Group Inc. boosted its stake in shares of Entegris by 8.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 37,910 shares of the semiconductor company’s stock valued at $831,000 after buying an additional 2,914 shares during the period. UBS Asset Management Americas Inc. boosted its stake in shares of Entegris by 5.2% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 69,924 shares of the semiconductor company’s stock valued at $1,535,000 after buying an additional 3,431 shares during the period. Vanguard Group Inc. boosted its stake in shares of Entegris by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 11,453,733 shares of the semiconductor company’s stock valued at $251,409,000 after buying an additional 244,694 shares during the period. FMR LLC boosted its stake in shares of Entegris by 54.8% during the 2nd quarter. FMR LLC now owns 3,904,882 shares of the semiconductor company’s stock valued at $85,712,000 after buying an additional 1,381,882 shares during the period. Finally, California Public Employees Retirement System boosted its stake in shares of Entegris by 1.7% during the 2nd quarter. California Public Employees Retirement System now owns 161,100 shares of the semiconductor company’s stock valued at $3,536,000 after buying an additional 2,700 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have issued reports on ENTG. Needham & Company LLC reissued a “buy” rating and set a $37.00 target price (up previously from $35.00) on shares of Entegris in a research note on Wednesday. Dougherty & Co lifted their target price on shares of Entegris from $36.00 to $37.50 and gave the company a “buy” rating in a research note on Wednesday. ValuEngine raised shares of Entegris from a “hold” rating to a “buy” rating in a research note on Thursday. Craig Hallum raised shares of Entegris from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Citigroup lifted their target price on shares of Entegris from $29.00 to $34.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $32.86.

In related news, Director Paul L. H. Olson sold 3,000 shares of Entegris stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $30.21, for a total value of $90,630.00. Following the transaction, the director now owns 45,364 shares in the company, valued at approximately $1,370,446.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael A. Bradley sold 5,000 shares of Entegris stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $30.00, for a total transaction of $150,000.00. Following the completion of the transaction, the director now owns 65,557 shares in the company, valued at approximately $1,966,710. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

Entegris Inc (NASDAQ ENTG) opened at $31.60 on Thursday. The firm has a market cap of $4,616.60, a price-to-earnings ratio of 53.56, a PEG ratio of 1.84 and a beta of 1.51. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.43 and a current ratio of 3.14. Entegris Inc has a twelve month low of $19.40 and a twelve month high of $35.35.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 21st. Stockholders of record on Wednesday, January 31st will be issued a dividend of $0.07 per share. The ex-dividend date is Tuesday, January 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.89%. Entegris’s dividend payout ratio is currently 23.73%.

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Entegris 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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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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