Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 45,761 Ichor Holdings, Ltd. (NASDAQ:ICHR)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 45,761 shares of the technology company's stock, valued at approximately $1,474,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.14% of Ichor as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC lifted its position in Ichor by 52.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,562 shares of the technology company's stock valued at $147,000 after purchasing an additional 1,578 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Ichor by 5.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,780 shares of the technology company's stock valued at $605,000 after acquiring an additional 959 shares during the last quarter. Barclays PLC grew its position in Ichor by 377.6% in the third quarter. Barclays PLC now owns 56,787 shares of the technology company's stock worth $1,808,000 after buying an additional 44,897 shares during the last quarter. Swiss National Bank increased its holdings in shares of Ichor by 1.4% in the fourth quarter. Swiss National Bank now owns 66,200 shares of the technology company's stock valued at $2,133,000 after buying an additional 900 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Ichor by 27.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 21,578 shares of the technology company's stock valued at $695,000 after acquiring an additional 4,635 shares during the last quarter. Institutional investors own 94.81% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Needham & Company LLC reiterated a "hold" rating on shares of Ichor in a research report on Tuesday, May 6th. Oppenheimer dropped their target price on shares of Ichor from $35.00 to $25.00 and set a "market perform" rating on the stock in a research report on Friday, April 11th. Wall Street Zen lowered shares of Ichor from a "hold" rating to a "sell" rating in a report on Thursday, April 10th. Stifel Nicolaus decreased their price objective on shares of Ichor from $35.00 to $28.00 and set a "buy" rating for the company in a research note on Tuesday, May 6th. Finally, DA Davidson lowered their price objective on shares of Ichor from $50.00 to $45.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $34.00.

Ichor Stock Down 0.4%

ICHR traded down $0.07 on Thursday, reaching $17.57. 302,093 shares of the company traded hands, compared to its average volume of 333,594. The company has a market cap of $599.49 million, a price-to-earnings ratio of -27.03 and a beta of 1.83. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.34 and a quick ratio of 1.49. The stock's 50 day moving average price is $18.34 and its 200-day moving average price is $26.37. Ichor Holdings, Ltd. has a 52-week low of $15.33 and a 52-week high of $42.70.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its earnings results on Monday, May 5th. The technology company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.14). The business had revenue of $244.47 million during the quarter, compared to the consensus estimate of $244.95 million. Ichor had a negative return on equity of 1.38% and a negative net margin of 2.45%. The business's revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.09) earnings per share. On average, sell-side analysts expect that Ichor Holdings, Ltd. will post 1.01 EPS for the current fiscal year.

Insider Activity at Ichor

In other Ichor news, CEO Jeff Andreson purchased 10,000 shares of the business's stock in a transaction on Thursday, May 8th. The stock was purchased at an average price of $16.86 per share, for a total transaction of $168,600.00. Following the completion of the purchase, the chief executive officer now directly owns 285,594 shares in the company, valued at approximately $4,815,114.84. This trade represents a 3.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is owned by corporate insiders.

About Ichor

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.