Today, the SVP, CFO of Rogers Corp (NYSE: ROG), Janice Stipp, sold shares of ROG for $1.02M.
This is Stipp’s first transaction since reporting a Sell transaction on ARCB back in December 2017 In addition to Janice Stipp, one other ROG executive reported Sell trades in the last month.
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Based on Rogers Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $215 million and quarterly net profit of $26.14 million. In comparison, last year the company earned revenue of $204 million and had a net profit of $27.03 million. The company has a one-year high of $184 and a one-year low of $102.02. ROG’s market cap is $2.04B and the company has a P/E ratio of 25.95.
One of the top 25 analysts, according to TipRanks.com, recently recommended Buy ROG with a $155 price target.
The insider sentiment on Rogers Corp has been negative according to 70 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
