Should You Buy Entegris Inc (ENTG)?

Page 1 of 2

Should Entegris Inc (NASDAQ:ENTG) investors track the following data?

To many traders, hedge funds are assumed to be overrated, old financial vehicles of a forgotten age. Although there are In excess of 8,000 hedge funds trading today, this site focuses on the top tier of this group, close to 525 funds. Analysts calculate that this group controls the majority of the hedge fund industry’s total assets, and by tracking their best investments, we’ve deciphered a few investment strategies that have historically outpaced the broader indices. Our small-cap hedge fund strategy outstripped the S&P 500 index by 18 percentage points a year for a decade in our back tests, and since we‘ve began to sharing our picks with our subscribers at the end of August 2012, we have outperformed the S&P 500 index by 33 percentage points in 11 months (find a sample of our picks).

Equally as useful, positive insider trading sentiment is another way to analyze the stock market universe. As the old adage goes: there are many motivations for an executive to downsize shares of his or her company, but just one, very clear reason why they would initiate a purchase. Plenty of academic studies have demonstrated the market-beating potential of this strategy if investors know what to do (learn more here).

Furthermore, let’s discuss the newest info surrounding Entegris Inc (NASDAQ:ENTG).

Entegris Inc (NASDAQ:ENTG)

How have hedgies been trading Entegris Inc (NASDAQ:ENTG)?

At the end of the second quarter, a total of 17 of the hedge funds we track were bullish in this stock, a change of 13% from one quarter earlier. With hedge funds’ capital changing hands, there exists an “upper tier” of noteworthy hedge fund managers who were upping their stakes considerably.

Consequently, specific money managers have been driving this bullishness. GMT Capital, managed by Thomas E. Claugus, established the biggest position in Entegris Inc (NASDAQ:ENTG). GMT Capital had 126 million invested in the company at the end of the quarter. Chuck Royce’s Royce & Associates also initiated a $54 million position during the quarter. The following funds were also among the new ENTG investors: D. E. Shaw’s D E Shaw, Ken Grossman and Glen Schneider’s SG Capital Management, and Brian Ashford-Russell and Tim Woolley’s Polar Capital.

What have insiders been doing with Entegris Inc (NASDAQ:ENTG)?

Insider buying is particularly usable when the company we’re looking at has experienced transactions within the past six months. Over the latest 180-day time period, Entegris Inc (NASDAQ:ENTG) has seen zero unique insiders buying, and zero insider sales (see the details of insider trades here).

We’ll also review the relationship between both of these indicators in other stocks similar to Entegris Inc (NASDAQ:ENTG). These stocks are Kulicke and Soffa Industries Inc. (NASDAQ:KLIC), ASM International NV (ADR) (NASDAQ:ASMI), Tessera Technologies, Inc. (NASDAQ:TSRA), Ultratech, Inc. (NASDAQ:UTEK), and Veeco Instruments Inc. (NASDAQ:VECO). All of these stocks are in the semiconductor equipment & materials industry and their market caps are closest to ENTG’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!