Entegris SVP Rice sells $707k in shares after option exercise

Published 14/08/2025, 19:28
Entegris SVP Rice sells $707k in shares after option exercise

Susan G. Rice, SVP, Global Human Resources at Entegris INC (NASDAQ:ENTG), a $11.95 billion market cap company, sold 8,858 shares of common stock on August 13, 2025, at a price of $79.84, for a total value of $707,222. The sale comes as the stock shows strong momentum, gaining 8.78% over the past week. According to InvestingPro analysis, ENTG is currently trading near Fair Value levels.

The sale followed the exercise of stock options for 8,858 shares at an exercise price of $33.33, totaling $295,237. Rice now directly owns 56,912.004 shares of Entegris INC. The company maintains strong liquidity with a current ratio of 3.3, though it trades at a relatively high P/E ratio of 40.29. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro.

In other recent news, Entegris Inc reported its second-quarter earnings per share at $0.66, reflecting a slight decrease of 1% from the previous quarter. Despite this, sales saw a 2.5% increase compared to the prior quarter. However, adjusted earnings before interest and taxes (EBIT) fell by 3% to $165 million. BMO Capital responded to these results by lowering its price target for Entegris to $95 from $100, citing margin headwinds, though the firm maintained an Outperform rating. Meanwhile, Mizuho raised its price target for Entegris to $100, maintaining an Outperform rating, due to a positive recovery outlook. The second-quarter results, which surpassed company guidance and consensus estimates, were attributed to normalized U.S.-China trade and momentum in the consumables business. Despite the positive second-quarter performance, Entegris’s third-quarter guidance did not meet investor expectations. These developments have sparked varied reactions from analysts and investors regarding Entegris’s future performance.

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