Entegris Inc’s filing revealed that its SVP, Chief Strategy Officer Blachier Olivier unloaded Company’s shares for reported $48855.0 on Nov 18 ’24. In the deal valued at $97.32 per share,502 shares were sold. As a result of this transaction, Blachier Olivier now holds 11,515 shares worth roughly $1.16 million.
Then, Blachier Olivier bought 502 shares, generating $48,855 in total proceeds.
Before that, Woodland Daniel D. sold 15,000 shares. Entegris Inc shares valued at $2,175,000 were divested by the President, APS Division at a price of $145.00 per share. As a result of the transaction, Woodland Daniel D. now holds 37,457 shares, worth roughly $3.77 million.
Citigroup upgraded its Entegris Inc [ENTG] rating to a Buy from a a Neutral in a research note published on September 16, 2024; the price target was increased to $130 from $119. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in early August from “a Neutral” to “a Buy”. Mizuho also remained covering ENTG and has increased its forecast on August 01, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Wolfe Research started covering the stock on March 01, 2024. It rated ENTG as “an Outperform”.
Price Performance Review of ENTG
On Friday, Entegris Inc [NASDAQ:ENTG] saw its stock jump 3.47% to $100.60. Over the last five days, the stock has lost -1.59%. Entegris Inc shares have risen nearly 1.55% since the year began. Nevertheless, the stocks have fallen -8.68% over the past one year. While a 52-week high of $147.57 was reached on 01/02/25, a 52-week low of $94.92 was recorded on 01/02/25. SMA at 50 days reached $104.45, while 200 days put it at $119.12.
Levels Of Support And Resistance For ENTG Stock
The 24-hour chart illustrates a support level at 98.34, which if violated will result in even more drops to 96.07. On the upside, there is a resistance level at 101.82. A further resistance level may holdings at 103.03. The Relative Strength Index (RSI) on the 14-day chart is 45.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.76%. Stochastics %K at 14.53% indicates the stock is a buying.
How much short interest is there in Entegris Inc?
A steep rise in short interest was recorded in Entegris Inc stocks on 2024-12-13, dropping by -0.52 million shares to a total of 7.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.64 million shares. There was a decline of -7.23%, which implies that there is a negative sentiment for the stock.
