KD Logo

Citigroup upgrades Entegris Inc (ENTG) rating to a Buy

Entegris Inc’s recent filing unveils that its SVP, Chief Strategy Officer Blachier Olivier unloaded Company’s shares for reported $0.11 million on Feb 21 ’25. In the deal valued at $108.00 per share,984 shares were sold. As a result of this transaction, Blachier Olivier now holds 10,903 shares worth roughly $0.69 million.

Then, Blachier Olivier bought 984 shares, generating $106,272 in total proceeds.

Before that, Haris Clinton M. sold 12,652 shares. Entegris Inc shares valued at $1,352,752 were divested by the SVP & President, APS Division at a price of $106.92 per share. As a result of the transaction, Haris Clinton M. now holds 34,820 shares, worth roughly $2.19 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 Tuesday, Entegris Inc [NASDAQ:ENTG] saw its stock fall -5.86% to $62.92. Over the last five days, the stock has lost -27.01%. Entegris Inc shares have fallen nearly -36.48% since the year began. Nevertheless, the stocks have fallen -54.68% over the past one year. While a 52-week high of $147.57 was reached on 02/06/25, a 52-week low of $60.75 was recorded on 04/07/25. SMA at 50 days reached $97.15, while 200 days put it at $108.10.

Levels Of Support And Resistance For ENTG Stock

The 24-hour chart illustrates a support level at 59.12, which if violated will result in even more drops to 55.33. On the upside, there is a resistance level at 68.56. A further resistance level may holdings at 74.21. The Relative Strength Index (RSI) on the 14-day chart is 18.40, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.59%. Stochastics %K at 9.99% 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 2025-03-14, growing by 4.34 million shares to a total of 12.29 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.95 million shares. There was a rise of 35.33%, which implies that there is a positive sentiment for the stock.

Most Popular