Today, the SVP, ACS of Rogers Corp (ROG), Jeffrey Grudzien, sold shares of ROG for $836.9K.
Following Jeffrey Grudzien’s last ROG Sell transaction on August 23, 2017, the stock climbed by 39.8%. In addition to Jeffrey Grudzien, 4 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 $2.83B and the company has a P/E ratio of 33.04. Currently, Rogers Corp has an average volume of 253.9K.
One of the top 25 analysts, according to TipRanks.com, recently recommended Buy ROG with a $160 price target.
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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.
