AlphaQuest LLC Reduces Stock Position in Rogers Corporation $ROG

AlphaQuest LLC cut its holdings in Rogers Corporation (NYSE:ROG - Free Report) by 72.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,553 shares of the electronics maker's stock after selling 11,887 shares during the period. AlphaQuest LLC's holdings in Rogers were worth $366,000 as of its most recent SEC filing.A number of other hedge funds have also bought and sold shares of the business. Norges Bank purchased a new stake in shares of Rogers during the second quarter worth $89,111,000. Atreides Management LP purchased a new stake in Rogers during the 2nd quarter worth about $12,888,000. Ameriprise Financial Inc. lifted its holdings in Rogers by 38.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker's stock worth $40,863,000 after purchasing an additional 165,174 shares in the last quarter. Jane Street Group LLC bought a new position in Rogers in the 1st quarter worth about $4,345,000. Finally, Federated Hermes Inc. grew its holdings in Rogers by 30,616.4% during the 2nd quarter. Federated Hermes Inc. now owns 52,525 shares of the electronics maker's stock valued at $3,597,000 after buying an additional 52,354 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors. Rogers Price PerformanceShares of ROG opened at $105.97 on Friday. Rogers Corporation has a 1-year low of $51.43 and a 1-year high of $107.05. The company has a market capitalization of $1.91 billion, a P/E ratio of -29.19 and a beta of 0.40. The firm's 50 day simple moving average is $94.62 and its 200 day simple moving average is $84.66. Analyst Upgrades and DowngradesROG has been the topic of a number of recent analyst reports. Zacks Research downgraded shares of Rogers from a "strong-buy" rating to a "hold" rating in a report on Monday, December 29th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Rogers in a report on Thursday, January 22nd. B. Riley Financial reissued a "buy" rating on shares of Rogers in a report on Thursday, October 30th. Finally, Wall Street Zen upgraded shares of Rogers from a "hold" rating to a "buy" rating in a research report on Saturday, November 1st. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Rogers presently has a consensus rating of "Hold" and a consensus target price of $85.00.View Our Latest Report on RogersRogers Profile (Free Report)Rogers Corporation NYSE: ROG is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding. Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.Recommended StoriesFive stocks we like better than RogersNEW LAW: Congress Approves Setup For Digital Dollar?The $650 Million Bet on AI's FutureThe gold chart Wall Street is terrified of…The buying spree that no one is talking aboutTrump’s AI Secret: 100X Faster Than NvidiaThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Rogers Right Now?Before you consider Rogers, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rogers wasn't on the list.While Rogers currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here