Ichor Holdings, Ltd. (ICHR) Director Sells $312,356.80 in Stock
Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Iain Mackenzie sold 11,690 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $26.72, for a total transaction of $312,356.80. Following the sale, the director now directly owns 11,690 shares in the company, valued at approximately $312,356.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Iain Mackenzie also recently made the following trade(s):
- On Monday, October 9th, Iain Mackenzie sold 4,680 shares of Ichor Holdings stock. The stock was sold at an average price of $27.11, for a total transaction of $126,874.80.
Ichor Holdings, Ltd. (ICHR) traded up 4.24% on Friday, hitting $32.67. The stock had a trading volume of 1,145,901 shares. The stock has a market cap of $820.51 million and a price-to-earnings ratio of 18.79. Ichor Holdings, Ltd. has a one year low of $9.81 and a one year high of $33.06. The stock’s 50 day moving average is $26.21 and its 200 day moving average is $26.21.
Ichor Holdings (NASDAQ:ICHR) last posted its quarterly earnings data on Thursday, August 10th. The technology company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.02). The company had revenue of $159.70 million during the quarter, compared to analyst estimates of $159.36 million. The company’s revenue for the quarter was up 67.4% on a year-over-year basis. Analysts anticipate that Ichor Holdings, Ltd. will post $2.42 earnings per share for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of ICHR. Bank of New York Mellon Corp acquired a new stake in shares of Ichor Holdings during the first quarter valued at $376,000. Neuberger Berman Group LLC lifted its position in Ichor Holdings by 67.2% during the first quarter. Neuberger Berman Group LLC now owns 768,484 shares of the technology company’s stock worth $15,239,000 after buying an additional 308,937 shares during the period. Westpac Banking Corp purchased a new position in Ichor Holdings during the first quarter worth about $334,000. TIAA CREF Investment Management LLC purchased a new position in Ichor Holdings during the first quarter worth about $219,000. Finally, Geode Capital Management LLC lifted its position in Ichor Holdings by 538.3% during the first quarter. Geode Capital Management LLC now owns 70,649 shares of the technology company’s stock worth $1,400,000 after buying an additional 59,581 shares during the period. 83.68% of the stock is currently owned by institutional investors and hedge funds.
ICHR has been the topic of a number of analyst reports. Stifel Nicolaus lifted their price target on shares of Ichor Holdings from $26.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, August 9th. Cowen and Company reissued an “outperform” rating and issued a $27.00 price target (up previously from $25.00) on shares of Ichor Holdings in a research note on Wednesday, August 9th. Zacks Investment Research raised shares of Ichor Holdings from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Thursday. Royal Bank Of Canada restated an “outperform” rating and issued a $27.00 price objective (up previously from $26.00) on shares of Ichor Holdings in a report on Wednesday, August 9th. Finally, Needham & Company LLC raised their price objective on Ichor Holdings from $30.00 to $36.00 and gave the company a “buy” rating in a report on Friday. Six equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of $31.33.
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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