Ichor Holdings, Ltd. (NASDAQ:ICHR) insider Maurice Eugene Carson sold 51,438 shares of Ichor Holdings stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $18.50, for a total value of $951,603.00. Following the sale, the insider now directly owns 96,438 shares of the company’s stock, valued at approximately $1,784,103. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Maurice Eugene Carson also recently made the following trade(s):
- On Tuesday, August 1st, Maurice Eugene Carson sold 17,300 shares of Ichor Holdings stock. The shares were sold at an average price of $20.81, for a total value of $360,013.00.
- On Monday, July 10th, Maurice Eugene Carson sold 17,300 shares of Ichor Holdings stock. The shares were sold at an average price of $20.75, for a total value of $358,975.00.
- On Wednesday, June 7th, Maurice Eugene Carson sold 17,300 shares of Ichor Holdings stock. The shares were sold at an average price of $25.83, for a total value of $446,859.00.
Shares of Ichor Holdings, Ltd. (NASDAQ ICHR) opened at 19.42 on Friday. Ichor Holdings, Ltd. has a 12 month low of $9.81 and a 12 month high of $29.73. The firm has a 50 day moving average price of $21.28 and a 200-day moving average price of $19.95. The firm has a market cap of $481.73 million and a PE ratio of 10.45.
Ichor Holdings (NASDAQ:ICHR) last posted its quarterly earnings data on Thursday, August 10th. The technology company reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.02. The firm had revenue of $159.70 million for the quarter, compared to the consensus estimate of $159.36 million. Ichor Holdings’s quarterly revenue was up 67.4% compared to the same quarter last year. On average, analysts predict that Ichor Holdings, Ltd. will post $2.40 EPS for the current fiscal year.
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Institutional investors have recently bought and sold shares of the company. Paradigm Capital Management Inc. NY increased its position in Ichor Holdings by 2,598.2% in the second quarter. Paradigm Capital Management Inc. NY now owns 906,600 shares of the technology company’s stock worth $18,277,000 after buying an additional 873,000 shares in the last quarter. Ameriprise Financial Inc. increased its position in Ichor Holdings by 262.9% in the second quarter. Ameriprise Financial Inc. now owns 943,466 shares of the technology company’s stock worth $19,021,000 after buying an additional 683,466 shares in the last quarter. Vanguard Group Inc. increased its position in Ichor Holdings by 182.9% in the second quarter. Vanguard Group Inc. now owns 481,158 shares of the technology company’s stock worth $9,700,000 after buying an additional 311,083 shares in the last quarter. Neuberger Berman Group LLC increased its position in Ichor Holdings by 67.2% in the first quarter. Neuberger Berman Group LLC now owns 768,484 shares of the technology company’s stock worth $15,239,000 after buying an additional 308,937 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in Ichor Holdings by 1,091.6% in the second quarter. Russell Investments Group Ltd. now owns 296,739 shares of the technology company’s stock worth $5,982,000 after buying an additional 271,836 shares in the last quarter. Institutional investors own 88.46% of the company’s stock.
A number of analysts have weighed in on ICHR shares. Zacks Investment Research cut Ichor Holdings from a “strong-buy” rating to a “sell” rating in a research report on Friday, July 7th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $24.00 price target (up previously from $20.00) on shares of Ichor Holdings in a research report on Saturday, April 29th. Stifel Nicolaus boosted their price target on Ichor Holdings from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Monday, July 10th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $24.00 price target on shares of Ichor Holdings in a research report on Friday, June 16th. Finally, Cowen and Company set a $25.00 price target on Ichor Holdings and gave the stock a “buy” rating in a research report on Thursday, July 27th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Ichor Holdings presently has an average rating of “Buy” and a consensus price target of $27.17.
About Ichor Holdings
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.
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