Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Iain Mackenzie sold 4,680 shares of the firm’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $27.11, for a total value of $126,874.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Iain Mackenzie also recently made the following trade(s):
- On Friday, September 29th, Iain Mackenzie sold 11,690 shares of Ichor Holdings stock. The stock was sold at an average price of $26.72, for a total value of $312,356.80.
Shares of Ichor Holdings, Ltd. (NASDAQ ICHR) opened at 31.34 on Friday. The stock’s 50 day moving average price is $25.94 and its 200 day moving average price is $25.94. Ichor Holdings, Ltd. has a 12-month low of $9.76 and a 12-month high of $31.68. The firm has a market cap of $787.10 million and a PE ratio of 18.02.
Ichor Holdings (NASDAQ:ICHR) last announced its earnings results on Thursday, August 10th. The technology company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.02). The business had revenue of $159.70 million for the quarter, compared to the consensus estimate of $159.36 million. The business’s quarterly revenue was up 67.4% compared to the same quarter last year. On average, equities research analysts predict that Ichor Holdings, Ltd. will post $2.42 EPS for the current fiscal year.
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Large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. raised its stake in Ichor Holdings by 1,091.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 296,739 shares of the technology company’s stock valued at $5,982,000 after purchasing an additional 271,836 shares during the period. Paradigm Capital Management Inc. NY raised its stake in Ichor Holdings by 2,598.2% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 906,600 shares of the technology company’s stock valued at $18,277,000 after purchasing an additional 873,000 shares during the period. Neuberger Berman Group LLC raised its stake in Ichor Holdings by 38.0% during the 2nd quarter. Neuberger Berman Group LLC now owns 1,060,835 shares of the technology company’s stock valued at $21,386,000 after purchasing an additional 292,351 shares during the period. Cadence Capital Management LLC acquired a new stake in Ichor Holdings during the 2nd quarter valued at $1,007,000. Finally, Whittier Trust Co. acquired a new stake in Ichor Holdings during the 2nd quarter valued at $485,000. 83.68% of the stock is currently owned by institutional investors.
Several research firms have weighed in on ICHR. Stifel Nicolaus raised their price target on Ichor Holdings from $26.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Deutsche Bank AG reissued a “buy” rating and set a $26.00 price target (up previously from $24.00) on shares of Ichor Holdings in a research report on Wednesday, August 9th. Royal Bank Of Canada reissued an “outperform” rating and set a $27.00 price target (up previously from $26.00) on shares of Ichor Holdings in a research report on Wednesday, August 9th. Zacks Investment Research downgraded Ichor Holdings from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Finally, Cowen and Company reissued an “outperform” rating and set a $27.00 price target (up previously from $25.00) on shares of Ichor Holdings in a research report on Wednesday, August 9th. Six analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of $30.33.
Ichor Holdings Company Profile
Ichor Holdings, Ltd. is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. The Company’s primary offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices.
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