Charles Schwab Investment Management Inc. raised its stake in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 502,293 shares of the technology company's stock after buying an additional 29,536 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.49% of Ichor worth $16,184,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Ichor by 1.8% during the third quarter. State Street Corp now owns 1,232,532 shares of the technology company's stock valued at $39,207,000 after purchasing an additional 21,804 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Ichor by 3.6% in the third quarter. Geode Capital Management LLC now owns 795,794 shares of the technology company's stock worth $25,319,000 after buying an additional 27,540 shares during the period. Westfield Capital Management Co. LP increased its position in shares of Ichor by 4.5% in the third quarter. Westfield Capital Management Co. LP now owns 580,818 shares of the technology company's stock worth $18,476,000 after acquiring an additional 24,889 shares in the last quarter. Segall Bryant & Hamill LLC raised its holdings in shares of Ichor by 26.8% during the third quarter. Segall Bryant & Hamill LLC now owns 568,117 shares of the technology company's stock valued at $18,072,000 after acquiring an additional 120,133 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Ichor by 157.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 340,247 shares of the technology company's stock valued at $10,823,000 after acquiring an additional 208,328 shares in the last quarter. Institutional investors and hedge funds own 94.81% of the company's stock.
Ichor Stock Up 2.1 %
Shares of NASDAQ ICHR traded up $0.56 during trading hours on Monday, hitting $27.17. The stock had a trading volume of 200,057 shares, compared to its average volume of 282,739. The firm's 50-day moving average price is $29.67 and its two-hundred day moving average price is $30.30. Ichor Holdings, Ltd. has a 52 week low of $24.61 and a 52 week high of $42.70. The company has a market capitalization of $923.86 million, a P/E ratio of -41.80 and a beta of 1.91. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.49 and a current ratio of 3.34.
Ichor (NASDAQ:ICHR - Get Free Report) last posted its earnings results on Tuesday, February 4th. The technology company reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.14). Ichor had a negative return on equity of 1.38% and a negative net margin of 2.45%. Analysts anticipate that Ichor Holdings, Ltd. will post 1.01 EPS for the current fiscal year.
Insider Buying and Selling at Ichor
In other news, Director Jorge Titinger sold 3,000 shares of the company's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $32.04, for a total transaction of $96,120.00. Following the completion of the sale, the director now owns 9,832 shares in the company, valued at approximately $315,017.28. This represents a 23.38 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.20% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have weighed in on ICHR. TD Cowen lowered their price objective on shares of Ichor from $40.00 to $38.00 and set a "buy" rating on the stock in a research report on Friday, January 17th. StockNews.com downgraded Ichor from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Ichor in a research note on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $42.29.
View Our Latest Stock Report on ICHR
About Ichor
(
Free Report)
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.
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