Entegris Inc's SVP, Chief Commercial Officer Michael Besnard Sells 12,667 Shares
Michael Besnard, the SVP, Chief Commercial Officer of Entegris Inc (NASDAQ:ENTG), has sold 12,667 shares of the company on February 20, 2024, according to a recent SEC filing. The transaction was executed at an average price of $135.78 per share, resulting in a total value of $1,720,290.26.
Entegris Inc is a global leader in materials science, with a focus on the semiconductor and other high-tech industries. The company specializes in the development, manufacturing, and supply of critical materials and solutions that enable high-performance and advanced manufacturing processes. Entegris' products and technologies help to improve the efficiency and reliability of electronics and advanced materials.
Over the past year, the insider has sold a total of 12,667 shares and has not made any purchases. This latest transaction continues a trend observed over the past year, where there have been no insider buys and 10 insider sells for Entegris Inc.
On the day of the insider's recent sale, shares of Entegris Inc were trading at $135.78, giving the company a market capitalization of $20.202 billion. The price-earnings ratio of the stock stands at 112.89, which is significantly above the industry median of 29.15 and also above the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.1, indicating that Entegris Inc is Fairly Valued based on its GF Value of $122.96. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent selling activity by insiders at Entegris Inc, with no insider purchases recorded over the past year.
The GF Value image provides a visual representation of the stock's current valuation in relation to its intrinsic value, suggesting that the stock is currently trading at a fair value.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
