Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) CEO Philip Ryan Sr. Barros sold 1,314 shares of Ichor stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $61.88, for a total transaction of $81,310.32. Following the completion of the sale, the chief executive officer directly owned 161,562 shares of the company’s stock, valued at approximately $9,997,456.56. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Philip Ryan Sr. Barros also recently made the following trade(s):
- On Thursday, June 4th, Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock. The shares were sold at an average price of $70.19, for a total transaction of $961,953.95.
Ichor Price Performance
ICHR stock opened at $58.87 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07. The company’s 50-day moving average is $84.48 and its 200-day moving average is $66.23. The stock has a market capitalization of $2.20 billion, a PE ratio of -50.32 and a beta of 1.82. Ichor Holdings, Ltd. has a 1 year low of $14.06 and a 1 year high of $113.58.
Institutional Trading of Ichor
A number of large investors have recently bought and sold shares of the company. Royal Bank of Canada increased its position in Ichor by 27.7% in the first quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock worth $224,000 after buying an additional 2,146 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Ichor by 4.6% during the 1st 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 during the last quarter. Jane Street Group LLC lifted its position in shares of Ichor by 286.0% during the 1st quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock valued at $1,205,000 after buying an additional 39,476 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Ichor by 75.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company’s stock worth $473,000 after acquiring an additional 10,400 shares during the period. Finally, Federated Hermes Inc. grew its stake in shares of Ichor by 243.1% during the 2nd quarter. Federated Hermes Inc. now owns 107,629 shares of the technology company’s stock worth $2,114,000 after acquiring an additional 76,257 shares during the period. 94.81% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Zacks Research lowered Ichor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. Needham & Company LLC boosted their price target on shares of Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Oppenheimer upped their price objective on shares of Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a report on Tuesday, August 4th. Finally, Stifel Nicolaus raised their price objective on shares of Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $87.00.
Check Out Our Latest Report on Ichor
Ichor Company Profile
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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