Today, a Director at Rogers Corp (ROG), Ganesh Moorthy, sold shares of ROG for $232.5K.
In addition to Ganesh Moorthy, 5 other ROG executives reported Sell trades in the last month.
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Based on Rogers Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $223 million and quarterly net profit of $24.45 million. In comparison, last year the company earned revenue of $209 million and had a net profit of $7 million. ROG’s market cap is $2.85B and the company has a P/E ratio of 33.04. Currently, Rogers Corp has an average volume of 177.9K.
One of the top 25 analysts, according to TipRanks.com, recently recommended Buy ROG with a $160 price target.
The insider sentiment on Rogers Corp has been negative according to 74 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Ganesh Moorthy’s trades have generated a 2.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Rogers Corp. engages in the design, development, manufacture, and sale of engineered materials and components for mission critical applications. It operates through the following segments: Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES), and Other.
