9,736 Shares in Ichor Holdings, Ltd. (NASDAQ:ICHR) Bought by Tudor Investment Corp Et Al


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Tudor Investment Corp Et Al bought a new position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,736 shares of the technology company’s stock, valued at approximately $293,000.

Other large investors also recently modified their holdings of the company. Arizona State Retirement System bought a new position in shares of Ichor during the fourth quarter worth $201,000. ExodusPoint Capital Management LP bought a new position in Ichor during the fourth quarter valued at $202,000. Tompkins Financial Corp bought a new position in Ichor during the fourth quarter valued at $193,000. Paloma Partners Management Co bought a new position in Ichor during the third quarter valued at $247,000. Finally, SG Americas Securities LLC bought a new position in Ichor during the fourth quarter valued at $355,000. Hedge funds and other institutional investors own 78.20% of the company’s stock.

ICHR stock opened at $59.85 on Thursday. The company has a market capitalization of $1.68 billion, a PE ratio of 47.88 and a beta of 2.33. Ichor Holdings, Ltd. has a 12 month low of $19.52 and a 12 month high of $63.42. The firm’s 50-day moving average is $47.56 and its 200 day moving average is $35.18. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.20 and a quick ratio of 1.27.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings results on Monday, February 1st. The technology company reported $0.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.10. The company had revenue of $245.00 million for the quarter, compared to the consensus estimate of $188.90 million. Ichor had a net margin of 3.34% and a return on equity of 17.61%. The firm’s revenue was up 29.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.48 EPS. Sell-side analysts forecast that Ichor Holdings, Ltd. will post 2.01 EPS for the current fiscal year.

ICHR has been the subject of several research reports. Zacks Investment Research lowered shares of Ichor from a “buy” rating to a “hold” rating in a research report on Wednesday. Needham & Company LLC increased their price objective on shares of Ichor from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Wednesday, February 3rd. Cowen upgraded shares of Ichor from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $40.00 to $46.00 in a research report on Friday, January 29th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Ichor from $42.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, February 3rd. Finally, DA Davidson raised their target price on shares of Ichor from $39.00 to $43.00 in a report on Wednesday, January 6th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $46.00.

In related news, COO Kevin M. Canty sold 2,500 shares of the firm’s stock in a transaction dated Thursday, January 14th. The shares were sold at an average price of $40.00, for a total value of $100,000.00. Following the transaction, the chief operating officer now owns 57,435 shares of the company’s stock, valued at approximately $2,297,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas M. Rohrs sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, February 10th. The shares were sold at an average price of $41.46, for a total transaction of $1,036,500.00. Following the transaction, the director now directly owns 149,595 shares in the company, valued at approximately $6,202,208.70. The disclosure for this sale can be found here. Insiders sold a total of 52,500 shares of company stock worth $2,206,500 in the last ninety days. 3.90% of the stock is currently owned by insiders.

Ichor Profile

Ichor Holdings Ltd. engages in designing, engineering, and manufacturing fluid delivery subsystems for semiconductor capital equipment. It offers gas and chemical delivery systems, which are key elements of the process tools used in the manufacturing of semiconductor devices. The firm also manufactures precision machined components, weldments, and proprietary products for use in fluid delivery systems for direct sales to its customers.

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Institutional Ownership by Quarter for Ichor (NASDAQ:ICHR)

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