Ichor Holdings, Ltd. (NASDAQ:ICHR) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC cut its holdings in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 9.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 319,153 shares of the technology company's stock after selling 34,870 shares during the quarter. Fisher Asset Management LLC owned about 0.95% of Ichor worth $10,283,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its holdings in shares of Ichor by 1.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 21,531 shares of the technology company's stock worth $694,000 after purchasing an additional 373 shares during the period. Quarry LP raised its holdings in shares of Ichor by 80.4% in the 3rd quarter. Quarry LP now owns 1,566 shares of the technology company's stock worth $50,000 after purchasing an additional 698 shares during the period. KBC Group NV raised its holdings in shares of Ichor by 83.5% in the 4th quarter. KBC Group NV now owns 2,086 shares of the technology company's stock worth $67,000 after purchasing an additional 949 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Ichor by 28.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,818 shares of the technology company's stock worth $153,000 after purchasing an additional 1,068 shares during the period. Finally, Handelsbanken Fonder AB raised its holdings in shares of Ichor by 26.3% in the 4th quarter. Handelsbanken Fonder AB now owns 10,100 shares of the technology company's stock worth $325,000 after purchasing an additional 2,100 shares during the period. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

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Ichor Stock Up 4.8 %

NASDAQ ICHR traded up $1.34 during mid-day trading on Friday, reaching $29.25. 501,502 shares of the company's stock traded hands, compared to its average volume of 332,750. Ichor Holdings, Ltd. has a 1-year low of $25.95 and a 1-year high of $44.54. The company has a fifty day simple moving average of $30.89 and a 200-day simple moving average of $30.59. The company has a current ratio of 3.34, a quick ratio of 1.49 and a debt-to-equity ratio of 0.17. The company has a market cap of $994.59 million, a price-to-earnings ratio of -45.00 and a beta of 1.91.

Ichor (NASDAQ:ICHR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported ($0.05) earnings per share (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%. As a group, equities research analysts expect that Ichor Holdings, Ltd. will post 1.01 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on ICHR shares. TD Cowen cut their price objective on Ichor from $40.00 to $38.00 and set a "buy" rating on the stock in a report on Friday, January 17th. Needham & Company LLC reiterated a "hold" rating on shares of Ichor in a report on Wednesday, February 5th. Finally, StockNews.com downgraded Ichor from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $42.29.

Insider Buying and Selling at Ichor

In other Ichor news, Director Jorge Titinger sold 3,000 shares of Ichor stock in a transaction on Friday, February 7th. The stock was sold at an average price of $32.04, for a total transaction of $96,120.00. Following the sale, the director now owns 9,832 shares of the company's stock, valued at $315,017.28. The trade was a 23.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.20% of the stock is owned by company insiders.

Ichor Company Profile

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.