Maurice Eugene Carson Sells 17,300 Shares of Ichor Holdings, Ltd. (ICHR) Stock
Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Maurice Eugene Carson sold 17,300 shares of the business’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $20.75, for a total transaction of $358,975.00. Following the sale, the chief financial officer now directly owns 92,331 shares in the company, valued at approximately $1,915,868.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Maurice Eugene Carson also recently made the following trade(s):
- On Wednesday, June 7th, Maurice Eugene Carson sold 17,300 shares of Ichor Holdings stock. The stock was sold at an average price of $25.83, for a total transaction of $446,859.00.
- On Tuesday, May 2nd, Maurice Eugene Carson sold 66,775 shares of Ichor Holdings stock. The stock was sold at an average price of $18.53, for a total transaction of $1,237,340.75.
Shares of Ichor Holdings, Ltd. (NASDAQ ICHR) traded down 1.52% during trading on Tuesday, reaching $20.80. 763,785 shares of the company’s stock were exchanged. Ichor Holdings, Ltd. has a 52 week low of $9.76 and a 52 week high of $29.73. The firm has a market capitalization of $515.96 million and a PE ratio of 11.19. The company’s 50-day moving average price is $22.90 and its 200 day moving average price is $18.18.
Ichor Holdings (NASDAQ:ICHR) last posted its quarterly earnings data on Thursday, May 11th. The technology company reported $0.57 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.57. The business had revenue of $148.70 million for the quarter, compared to the consensus estimate of $148.69 million. The business’s revenue for the quarter was up 102.9% on a year-over-year basis. Analysts predict that Ichor Holdings, Ltd. will post $2.08 EPS for the current fiscal year.
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Several institutional investors have recently bought and sold shares of ICHR. AlphaOne Investment Services LLC raised its position in Ichor Holdings by 1.2% in the first quarter. AlphaOne Investment Services LLC now owns 162,059 shares of the technology company’s stock valued at $3,214,000 after buying an additional 1,859 shares during the period. Hancock Holding Co. purchased a new stake in Ichor Holdings during the first quarter worth approximately $202,000. TIAA CREF Investment Management LLC purchased a new stake in Ichor Holdings during the first quarter worth approximately $219,000. Westpac Banking Corp purchased a new stake in Ichor Holdings during the first quarter worth approximately $334,000. Finally, Bank of New York Mellon Corp purchased a new stake in Ichor Holdings during the first quarter worth approximately $376,000. Institutional investors own 87.16% of the company’s stock.
A number of analysts recently commented on the stock. Zacks Investment Research downgraded shares of Ichor Holdings from a “strong-buy” rating to a “sell” rating in a report on Friday. Cowen and Company boosted their price objective on shares of Ichor Holdings from $22.00 to $25.00 and gave the stock an “outperform” rating in a report on Tuesday, May 9th. Royal Bank Of Canada reissued a “buy” rating and set a $24.00 price objective on shares of Ichor Holdings in a report on Friday, June 16th. Stifel Nicolaus boosted their price objective on shares of Ichor Holdings from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Monday. Finally, Needham & Company LLC reissued a “buy” rating and set a $25.00 price objective (up previously from $21.00) on shares of Ichor Holdings in a report on Monday, May 1st. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. Ichor Holdings has an average rating of “Buy” and an average price target of $24.33.
About Ichor Holdings
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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