Ichor Holdings, Ltd. (NASDAQ:ICHR) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lowered its position in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 5.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 512,888 shares of the technology company's stock after selling 26,824 shares during the period. Segall Bryant & Hamill LLC owned about 1.50% of Ichor worth $11,596,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its holdings in Ichor by 6.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,724,058 shares of the technology company's stock worth $55,547,000 after buying an additional 111,337 shares during the period. Nuveen Asset Management LLC boosted its holdings in Ichor by 18.7% in the 4th quarter. Nuveen Asset Management LLC now owns 777,289 shares of the technology company's stock worth $25,044,000 after buying an additional 122,280 shares during the period. JPMorgan Chase & Co. boosted its holdings in Ichor by 73.6% in the 4th quarter. JPMorgan Chase & Co. now owns 590,630 shares of the technology company's stock worth $19,030,000 after buying an additional 250,383 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Ichor by 6.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 502,293 shares of the technology company's stock worth $16,184,000 after buying an additional 29,536 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Ichor by 34.4% in the 4th quarter. Bank of America Corp DE now owns 418,567 shares of the technology company's stock worth $13,486,000 after buying an additional 107,154 shares during the period. Institutional investors own 94.81% of the company's stock.

Insider Transactions at Ichor

In other news, CEO Jeff Andreson purchased 10,000 shares of the business's stock in a transaction on Thursday, May 8th. The shares were acquired at an average cost of $16.86 per share, with a total value of $168,600.00. Following the completion of the acquisition, the chief executive officer owned 285,594 shares of the company's stock, valued at $4,815,114.84. This trade represents a 3.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company's stock.

Ichor Trading Down 2.2%

Shares of NASDAQ:ICHR traded down $0.52 during trading on Friday, reaching $22.75. 282,119 shares of the company were exchanged, compared to its average volume of 341,684. The firm has a market capitalization of $776.23 million, a PE ratio of -47.40 and a beta of 1.80. The business's fifty day simple moving average is $19.27 and its 200-day simple moving average is $23.61. Ichor Holdings, Ltd. has a 12-month low of $15.33 and a 12-month high of $37.23. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.09 and a quick ratio of 1.32.

Ichor (NASDAQ:ICHR - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.14). The business had revenue of $244.47 million for the quarter, compared to analysts' expectations of $244.95 million. Ichor had a negative net margin of 1.84% and a negative return on equity of 0.63%. The business's quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.09) earnings per share. On average, research analysts anticipate that Ichor Holdings, Ltd. will post 1.01 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. B. Riley reissued a "buy" rating and set a $30.00 price objective (up previously from $23.00) on shares of Ichor in a report on Friday, July 11th. Needham & Company LLC reaffirmed a "hold" rating on shares of Ichor in a report on Tuesday, May 6th. Wall Street Zen downgraded shares of Ichor from a "hold" rating to a "sell" rating in a report on Thursday, April 10th. DA Davidson lowered their price target on shares of Ichor from $50.00 to $45.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. Finally, TD Cowen lowered their price target on shares of Ichor from $38.00 to $28.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $32.67.

Ichor Profile

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.