Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) Director Marc Haugen bought 3,000 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average price of $17.75 per share, for a total transaction of $53,250.00. Following the acquisition, the director directly owned 42,960 shares in the company, valued at approximately $762,540. This trade represents a 7.51% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Ichor Price Performance
Ichor stock traded down $1.38 during mid-day trading on Monday, hitting $16.06. 1,415,556 shares of the company were exchanged, compared to its average volume of 477,733. The company has a market capitalization of $551.34 million, a PE ratio of -26.33 and a beta of 1.75. The business has a fifty day moving average of $19.88 and a 200 day moving average of $22.26. Ichor Holdings, Ltd. has a 1-year low of $13.12 and a 1-year high of $36.48. The company has a quick ratio of 1.32, a current ratio of 3.22 and a debt-to-equity ratio of 0.17.
Ichor (NASDAQ:ICHR - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.11). The firm had revenue of $240.29 million for the quarter, compared to the consensus estimate of $234.51 million. Ichor had a negative net margin of 2.23% and a negative return on equity of 0.77%. The company's revenue for the quarter was up 18.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.05 earnings per share. As a group, sell-side analysts expect that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current year.
Institutional Investors Weigh In On Ichor
Large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC boosted its stake in Ichor by 52.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,562 shares of the technology company's stock worth $147,000 after purchasing an additional 1,578 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Ichor by 5.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,780 shares of the technology company's stock worth $605,000 after acquiring an additional 959 shares during the last quarter. Principal Financial Group Inc. increased its position in Ichor by 2.9% in the 1st quarter. Principal Financial Group Inc. now owns 168,688 shares of the technology company's stock valued at $3,814,000 after acquiring an additional 4,803 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Ichor by 19.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,633 shares of the technology company's stock worth $2,115,000 after acquiring an additional 10,729 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Ichor by 27.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 21,578 shares of the technology company's stock worth $695,000 after purchasing an additional 4,635 shares in the last quarter. 94.81% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
ICHR has been the topic of a number of recent analyst reports. Wall Street Zen lowered Ichor from a "hold" rating to a "sell" rating in a research note on Saturday. TD Cowen reduced their price objective on Ichor from $28.00 to $22.00 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Oppenheimer set a $21.00 target price on shares of Ichor and gave the stock a "market perform" rating in a research report on Tuesday, August 5th. DA Davidson decreased their price objective on Ichor from $45.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, August 6th. Finally, B. Riley downgraded shares of Ichor from a "buy" rating to a "neutral" rating and set a $18.00 price target on the stock. in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Ichor presently has an average rating of "Hold" and a consensus price target of $23.80.
Get Our Latest Stock Analysis on Ichor
About Ichor
(
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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.
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