Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Maurice Eugene Carson sold 17,146 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $18.50, for a total transaction of $317,201.00. Following the transaction, the chief financial officer now directly owns 62,146 shares in the company, valued at approximately $1,149,701. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Maurice Eugene Carson also recently made the following trade(s):
- On Tuesday, August 8th, Maurice Eugene Carson sold 51,438 shares of Ichor Holdings stock. The stock was sold at an average price of $18.50, for a total transaction of $951,603.00.
- On Tuesday, August 1st, Maurice Eugene Carson sold 17,300 shares of Ichor Holdings stock. The stock was sold at an average price of $20.81, for a total transaction of $360,013.00.
- On Monday, July 10th, Maurice Eugene Carson sold 17,300 shares of Ichor Holdings stock. The stock was sold at an average price of $20.75, for a total transaction of $358,975.00.
- On Wednesday, June 7th, Maurice Eugene Carson sold 17,300 shares of Ichor Holdings stock. The stock was sold at an average price of $25.83, for a total transaction of $446,859.00.
Shares of Ichor Holdings, Ltd. (NASDAQ ICHR) traded down 0.15% during midday trading on Friday, hitting $19.88. 466,090 shares of the stock traded hands. The stock has a 50 day moving average of $20.80 and a 200 day moving average of $20.19. The company has a market capitalization of $499.29 million and a P/E ratio of 11.43. Ichor Holdings, Ltd. has a 1-year low of $9.76 and a 1-year high of $29.73.
Ichor Holdings (NASDAQ:ICHR) last announced its earnings results on Thursday, August 10th. The technology company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $159.70 million during the quarter, compared to analyst estimates of $159.36 million. The business’s revenue for the quarter was up 67.4% compared to the same quarter last year. Equities research analysts predict that Ichor Holdings, Ltd. will post $2.41 earnings per share for the current fiscal year.
ICHR has been the topic of a number of recent research reports. Deutsche Bank AG reiterated a “buy” rating and set a $26.00 price target (up previously from $24.00) on shares of Ichor Holdings in a research note on Wednesday, August 9th. Stifel Nicolaus lifted their price target on shares of Ichor Holdings from $26.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Royal Bank Of Canada reiterated a “buy” rating and set a $26.00 price target on shares of Ichor Holdings in a research note on Friday, July 28th. Cowen and Company set a $25.00 price target on shares of Ichor Holdings and gave the stock a “buy” rating in a research note on Thursday, July 27th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $25.00 price target (up previously from $21.00) on shares of Ichor Holdings in a research note on Monday, May 1st. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $27.17.
Institutional investors have recently made changes to their positions in the company. C M Bidwell & Associates Ltd. purchased a new position in shares of Ichor Holdings during the second quarter valued at approximately $162,000. The Manufacturers Life Insurance Company purchased a new position in shares of Ichor Holdings during the second quarter valued at approximately $180,000. Royal Bank of Canada raised its position in shares of Ichor Holdings by 38.2% in the second quarter. Royal Bank of Canada now owns 9,400 shares of the technology company’s stock valued at $189,000 after buying an additional 2,600 shares during the period. Hancock Holding Co. purchased a new position in shares of Ichor Holdings during the first quarter valued at approximately $202,000. Finally, BT Investment Management Ltd purchased a new position in shares of Ichor Holdings during the second quarter valued at approximately $223,000. Institutional investors and hedge funds own 68.53% of the company’s stock.
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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