Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) Director Jorge Titinger sold 4,000 shares of Ichor stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total value of $256,840.00. Following the completion of the transaction, the director owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This trade represents a 24.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Jorge Titinger also recently made the following trade(s):
- On Monday, February 23rd, Jorge Titinger sold 1,200 shares of Ichor stock. The stock was sold at an average price of $50.11, for a total transaction of $60,132.00.
Ichor Trading Down 3.0%
Shares of Ichor stock traded down $2.02 during trading on Tuesday, reaching $64.58. The company’s stock had a trading volume of 1,530,378 shares, compared to its average volume of 982,437. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $78.00. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. The firm’s 50-day moving average is $57.37 and its two-hundred day moving average is $37.43. The company has a market cap of $2.24 billion, a price-to-earnings ratio of -43.63 and a beta of 1.87.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Invesco Ltd. boosted its holdings in Ichor by 141.2% during the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after buying an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in Ichor by 497.2% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock worth $29,753,000 after purchasing an additional 1,413,870 shares during the last quarter. Millennium Management LLC increased its position in shares of Ichor by 1,710.7% during the third quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after acquiring an additional 807,792 shares during the last quarter. Royce & Associates LP grew its holdings in shares of Ichor by 48.5% in the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after purchasing an additional 473,440 shares in the last quarter. Finally, J. Goldman & Co LP acquired a new position in shares of Ichor in the fourth quarter valued at approximately $6,663,000. Institutional investors and hedge funds own 94.81% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Oppenheimer raised their target price on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. TD Cowen lifted their target price on shares of Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. B. Riley Financial reiterated a “buy” rating on shares of Ichor in a report on Monday, April 20th. Stifel Nicolaus set a $76.00 price target on shares of Ichor in a report on Friday, May 1st. Finally, Wall Street Zen upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $64.57.
Get Our Latest Stock Analysis on Ichor
Ichor Company Profile
Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.
Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.
Read More
- Five stocks we like better than Ichor
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Receive News & Ratings for Ichor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ichor and related companies with MarketBeat.com's FREE daily email newsletter.
