Ichor Holdings, Ltd. (ICHR) Insider Sells $940,090.50 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) insider Philip Ryan Sr. Barros sold 35,650 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $26.37, for a total transaction of $940,090.50. Following the completion of the sale, the insider now owns 32,090 shares of the company’s stock, valued at approximately $846,213.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Philip Ryan Sr. Barros also recently made the following trade(s):

  • On Tuesday, September 5th, Philip Ryan Sr. Barros sold 35,650 shares of Ichor stock. The stock was sold at an average price of $22.48, for a total transaction of $801,412.00.

Ichor Holdings, Ltd. (NASDAQ:ICHR) traded down $0.11 during trading on Friday, hitting $24.60. 852,505 shares of the stock were exchanged, compared to its average volume of 1,260,000. The company has a market cap of $629.49 and a P/E ratio of 5.89. The company has a quick ratio of 0.99, a current ratio of 2.03 and a debt-to-equity ratio of 0.34. Ichor Holdings, Ltd. has a fifty-two week low of $10.42 and a fifty-two week high of $35.51.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Thursday, November 9th. The technology company reported $0.62 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.62. The business had revenue of $164.50 million for the quarter, compared to the consensus estimate of $165.16 million. Ichor had a net margin of 7.43% and a return on equity of 32.99%. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. equities research analysts anticipate that Ichor Holdings, Ltd. will post 2.4 EPS for the current year.

A number of research firms have issued reports on ICHR. Royal Bank of Canada reiterated a “buy” rating and issued a $37.00 target price on shares of Ichor in a research report on Friday, October 20th. Cowen increased their target price on shares of Ichor from $27.00 to $38.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 18th. Needham & Company LLC increased their target price on shares of Ichor from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, October 13th. Zacks Investment Research upgraded shares of Ichor from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a research report on Thursday, October 12th. Finally, Deutsche Bank reiterated a “buy” rating and issued a $32.00 target price (up previously from $26.00) on shares of Ichor in a research report on Tuesday, October 10th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Ichor has an average rating of “Buy” and an average target price of $35.17.

Several institutional investors have recently added to or reduced their stakes in ICHR. Paradigm Capital Management Inc. NY raised its holdings in shares of Ichor by 2,598.2% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 906,600 shares of the technology company’s stock valued at $18,277,000 after purchasing an additional 873,000 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Ichor by 262.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 943,466 shares of the technology company’s stock valued at $19,021,000 after purchasing an additional 683,466 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Ichor during the 3rd quarter valued at $15,509,000. Vanguard Group Inc. raised its holdings in shares of Ichor by 182.9% during the 2nd quarter. Vanguard Group Inc. now owns 481,158 shares of the technology company’s stock valued at $9,700,000 after purchasing an additional 311,083 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its holdings in Ichor by 38.0% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,060,835 shares of the technology company’s stock worth $21,386,000 after acquiring an additional 292,351 shares during the period. Institutional investors and hedge funds own 75.43% of the company’s stock.

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Ichor Company Profile

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.

Insider Buying and Selling by Quarter for Ichor (NASDAQ:ICHR)

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