Ichor Holdings Ltd (NASDAQ:ICHR) COO Kevin M. Canty sold 1,000 shares of the company’s stock in a transaction dated Wednesday, July 10th. The stock was sold at an average price of $23.35, for a total transaction of $23,350.00. Following the transaction, the chief operating officer now owns 49,511 shares in the company, valued at $1,156,081.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
NASDAQ:ICHR traded up $0.47 during trading hours on Friday, hitting $23.97. 196,290 shares of the company traded hands, compared to its average volume of 323,482. The company has a market capitalization of $533.09 million, a PE ratio of 8.59 and a beta of 2.70. Ichor Holdings Ltd has a twelve month low of $14.23 and a twelve month high of $26.25. The stock’s 50-day moving average price is $22.55. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.27 and a quick ratio of 1.01.
Ichor (NASDAQ:ICHR) last posted its earnings results on Tuesday, May 7th. The technology company reported $0.20 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.06). Ichor had a return on equity of 22.62% and a net margin of 6.07%. The firm had revenue of $137.80 million during the quarter, compared to the consensus estimate of $135.39 million. During the same period in the previous year, the company posted $1.03 EPS. The firm’s revenue for the quarter was down 46.6% compared to the same quarter last year. On average, analysts expect that Ichor Holdings Ltd will post 1.12 EPS for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Impax Asset Management Group plc grew its stake in shares of Ichor by 5.2% during the 4th quarter. Impax Asset Management Group plc now owns 801,837 shares of the technology company’s stock worth $13,070,000 after acquiring an additional 39,948 shares in the last quarter. Kennedy Capital Management Inc. lifted its holdings in Ichor by 4.6% during the 1st quarter. Kennedy Capital Management Inc. now owns 755,316 shares of the technology company’s stock valued at $17,055,000 after purchasing an additional 33,298 shares during the last quarter. Royce & Associates LP lifted its holdings in shares of Ichor by 21.1% during the first quarter. Royce & Associates LP now owns 646,924 shares of the technology company’s stock worth $14,608,000 after buying an additional 112,532 shares in the last quarter. Epoch Investment Partners Inc. lifted its holdings in shares of Ichor by 3.8% during the fourth quarter. Epoch Investment Partners Inc. now owns 281,911 shares of the technology company’s stock worth $4,595,000 after buying an additional 10,419 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Ichor by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 263,466 shares of the technology company’s stock worth $4,294,000 after purchasing an additional 8,375 shares during the period. 94.27% of the stock is owned by institutional investors and hedge funds.
Several analysts have recently commented on the stock. ValuEngine lowered shares of Zions Bancorporation NA from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. BidaskClub raised shares of Yandex from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 14th. DA Davidson downgraded shares of Advanced Energy Industries from a “buy” rating to a “neutral” rating and cut their target price for the company from $60.00 to $55.00 in a research note on Monday. B. Riley set a $7.00 target price on shares of Unique Fabricating and gave the company a “buy” rating in a research note on Thursday, May 16th. Finally, Northland Securities set a $13.00 price target on shares of Nabriva Therapeutics and gave the company a “buy” rating in a report on Wednesday, May 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $27.38.
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising electroplating and cleaning.
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