Rogers (NYSE:ROG) SVP Brian Keith Larabee Sells 775 Shares

Rogers Corporation (NYSE:ROG) SVP Brian Keith Larabee sold 775 shares at an average price of $85.87, totaling $66,549.25, representing a 14.80% decrease in his holdings. Post-sale, he owns 4,462 shares valued at approximately $383,151.94. The stock fell 1.0% to $87.36 during trading. Rogers reported $0.90 EPS for Q3, exceeding estimates, with a market cap of $1.58 billion. Analysts have mixed ratings, with a consensus of "Moderate Buy" and an average price target of $85.00.

Rogers Corporation (NYSE:ROG - Get Free Report) SVP Brian Keith Larabee sold 775 shares of Rogers stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $85.87, for a total transaction of $66,549.25. Following the transaction, the senior vice president directly owned 4,462 shares in the company, valued at approximately $383,151.94. This trade represents a 14.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Rogers Stock Down 1.0%

Shares of Rogers stock traded down $0.92 during trading hours on Friday, hitting $87.36. The company's stock had a trading volume of 440,602 shares, compared to its average volume of 223,024. Rogers Corporation has a 1-year low of $51.43 and a 1-year high of $114.05. The business has a fifty day moving average of $82.03 and a 200 day moving average of $72.31. The company has a market capitalization of $1.58 billion, a PE ratio of -24.06 and a beta of 0.46.

Rogers (NYSE:ROG - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.20. Rogers had a negative net margin of 8.35% and a positive return on equity of 2.90%. The company had revenue of $216.00 million during the quarter, compared to analyst estimates of $207.53 million. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. On average, sell-side analysts anticipate that Rogers Corporation will post 3.57 earnings per share for the current fiscal year.

Institutional Trading of Rogers

Institutional investors and hedge funds have recently modified their holdings of the business. Y Intercept Hong Kong Ltd raised its position in shares of Rogers by 70.2% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 15,992 shares of the electronics maker's stock worth $1,287,000 after purchasing an additional 6,594 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Rogers by 7.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,574 shares of the electronics maker's stock worth $377,000 after purchasing an additional 317 shares during the period. Inspire Advisors LLC acquired a new stake in shares of Rogers during the 3rd quarter worth approximately $208,000. SG Americas Securities LLC increased its holdings in shares of Rogers by 73.2% in the 3rd quarter. SG Americas Securities LLC now owns 3,662 shares of the electronics maker's stock worth $295,000 after acquiring an additional 1,548 shares during the period. Finally, Ethic Inc. acquired a new stake in shares of Rogers in the 3rd quarter worth about $226,000. 96.02% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ROG has been the subject of a number of recent research reports. B. Riley reiterated a "buy" rating on shares of Rogers in a research note on Thursday. Weiss Ratings reiterated a "sell (d)" rating on shares of Rogers in a research note on Wednesday, October 8th. Finally, Zacks Research upgraded Rogers from a "hold" rating to a "strong-buy" rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $85.00.

Read Our Latest Report on ROG

About Rogers

(Get Free Report)

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.

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