Ichor (NASDAQ:ICHR) Director Thomas Rohrs Sells 53,908 Shares

Ichor Holdings, Ltd. (NASDAQ:ICHRGet Free Report) Director Thomas Rohrs sold 53,908 shares of Ichor stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $45.48, for a total transaction of $2,451,735.84. Following the completion of the sale, the director owned 53,024 shares in the company, valued at approximately $2,411,531.52. This represents a 50.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Ichor Price Performance

NASDAQ ICHR opened at $43.93 on Friday. The company has a 50-day moving average price of $25.41 and a two-hundred day moving average price of $20.67. Ichor Holdings, Ltd. has a 52 week low of $13.12 and a 52 week high of $48.72. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of -28.53 and a beta of 1.89. The company has a current ratio of 3.16, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ICHR. Zacks Research raised Ichor from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. TD Cowen reiterated a “buy” rating on shares of Ichor in a research report on Tuesday. B. Riley Financial raised shares of Ichor from a “neutral” rating to a “buy” rating in a research note on Tuesday. Stifel Nicolaus set a $30.00 price target on shares of Ichor in a research report on Tuesday. Finally, Needham & Company LLC increased their price objective on shares of Ichor from $36.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $38.38.

Check Out Our Latest Analysis on ICHR

Key Headlines Impacting Ichor

Here are the key news stories impacting Ichor this week:

Hedge Funds Weigh In On Ichor

Several hedge funds have recently made changes to their positions in ICHR. Linden Thomas Advisory Services LLC raised its holdings in shares of Ichor by 0.8% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock worth $934,000 after purchasing an additional 398 shares in the last quarter. Hantz Financial Services Inc. grew its position in Ichor by 64.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after buying an additional 590 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Ichor by 5.7% in the second quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock valued at $244,000 after buying an additional 666 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Ichor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock valued at $444,000 after buying an additional 865 shares in the last quarter. Finally, Natixis Advisors LLC lifted its position in shares of Ichor by 2.0% during the 3rd quarter. Natixis Advisors LLC now owns 52,158 shares of the technology company’s stock valued at $914,000 after acquiring an additional 1,017 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Company Profile

(Get Free Report)

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.

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