Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) Director Marc Haugen sold 5,337 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total transaction of $403,637.31. Following the completion of the transaction, the director directly owned 10,825 shares of the company’s stock, valued at $818,694.75. This trade represents a 33.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Marc Haugen also recently made the following trade(s):
- On Friday, May 8th, Marc Haugen sold 9,923 shares of Ichor stock. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53.
- On Monday, February 23rd, Marc Haugen sold 19,875 shares of Ichor stock. The stock was sold at an average price of $49.71, for a total transaction of $987,986.25.
Ichor Trading Down 1.7%
ICHR opened at $73.27 on Friday. The firm’s fifty day moving average is $56.92 and its two-hundred day moving average is $37.03. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The firm has a market cap of $2.55 billion, a PE ratio of -49.51 and a beta of 1.87. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $78.00.
Analyst Ratings Changes
ICHR has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Needham & Company LLC raised their price objective on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. B. Riley Financial restated a “buy” rating on shares of Ichor in a report on Monday, April 20th. Wall Street Zen upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. Finally, Oppenheimer raised their price objective on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.57.
Get Our Latest Stock Analysis on Ichor
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Ichor by 4.7% in the fourth quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock valued at $61,444,000 after purchasing an additional 148,993 shares in the last quarter. Invesco Ltd. grew its position in Ichor by 141.2% in the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after purchasing an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in Ichor by 15.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock valued at $36,080,000 after purchasing an additional 259,417 shares in the last quarter. Royce & Associates LP grew its position in Ichor by 48.5% in the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after purchasing an additional 473,440 shares in the last quarter. Finally, State Street Corp grew its position in Ichor by 0.9% in the fourth quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock valued at $23,690,000 after purchasing an additional 11,645 shares in the last quarter. Institutional investors own 94.81% of the company’s stock.
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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