Michael Reed Webb Sells 416 Shares of Rogers Co. (NYSE:ROG) Stock

Rogers Co. (NYSE:ROG) SVP Michael Reed Webb sold 416 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $108.82, for a total transaction of $45,269.12. Following the sale, the senior vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $478,808. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Rogers Stock Performance

ROG opened at $102.82 on Wednesday. Rogers Co. has a 1 year low of $96.10 and a 1 year high of $138.85. The firm has a 50 day moving average price of $104.14 and a 200 day moving average price of $112.53. The company has a market cap of $1.92 billion, a PE ratio of 38.37 and a beta of 0.51.

Rogers (NYSE:ROG) last issued its quarterly earnings data on Thursday, October 24th. The electronics maker reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.13. Rogers had a net margin of 5.91% and a return on equity of 4.19%. The company had revenue of $210.30 million during the quarter, compared to the consensus estimate of $220.20 million. During the same quarter last year, the company earned $1.24 earnings per share. On average, sell-side analysts predict that Rogers Co. will post 2.71 earnings per share for the current year.

Institutional Trading of Rogers

Several large investors have recently bought and sold shares of the company. Asset Dedication LLC acquired a new stake in shares of Rogers during the second quarter worth approximately $25,000. Bessemer Group Inc. grew its position in shares of Rogers by 2,926.3% during the first quarter. Bessemer Group Inc. now owns 575 shares of the electronics maker’s stock worth $68,000 after buying an additional 556 shares in the last quarter. KBC Group NV grew its position in shares of Rogers by 54.5% during the third quarter. KBC Group NV now owns 669 shares of the electronics maker’s stock worth $76,000 after buying an additional 236 shares in the last quarter. Covestor Ltd grew its position in shares of Rogers by 629.5% during the first quarter. Covestor Ltd now owns 766 shares of the electronics maker’s stock worth $91,000 after buying an additional 661 shares in the last quarter. Finally, Quest Partners LLC grew its position in shares of Rogers by 39,200.0% during the second quarter. Quest Partners LLC now owns 786 shares of the electronics maker’s stock worth $95,000 after buying an additional 784 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Company Profile

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.