GSA Capital Partners LLP Takes $1.38 Million Position in Ichor Holdings, Ltd. (NASDAQ:ICHR)

GSA Capital Partners LLP bought a new stake in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 43,372 shares of the technology company's stock, valued at approximately $1,380,000. GSA Capital Partners LLP owned about 0.13% of Ichor at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quarry LP grew its position in Ichor by 99.5% during the second quarter. Quarry LP now owns 868 shares of the technology company's stock worth $33,000 after buying an additional 433 shares in the last quarter. GAMMA Investing LLC grew its position in Ichor by 136.2% during the third quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company's stock worth $34,000 after buying an additional 625 shares in the last quarter. Signaturefd LLC grew its position in Ichor by 214.6% during the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company's stock worth $40,000 after buying an additional 854 shares in the last quarter. CWM LLC grew its position in Ichor by 50.5% during the second quarter. CWM LLC now owns 1,540 shares of the technology company's stock worth $59,000 after buying an additional 517 shares in the last quarter. Finally, ProShare Advisors LLC bought a new stake in Ichor during the first quarter worth $225,000. Institutional investors and hedge funds own 94.81% of the company's stock.

Ichor Price Performance

Shares of ICHR traded down $0.22 during trading hours on Thursday, reaching $31.62. The stock had a trading volume of 80,919 shares, compared to its average volume of 302,810. The stock has a market capitalization of $1.07 billion, a PE ratio of -34.69 and a beta of 1.91. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.69 and a current ratio of 3.64. Ichor Holdings, Ltd. has a 12 month low of $24.82 and a 12 month high of $46.43. The company's 50-day moving average is $29.24 and its two-hundred day moving average is $33.58.

Ichor (NASDAQ:ICHR - Get Free Report) last announced its earnings results on Monday, November 4th. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The business had revenue of $211.14 million during the quarter, compared to analyst estimates of $203.24 million. Ichor had a negative return on equity of 2.14% and a negative net margin of 3.51%. Ichor's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the company earned ($0.09) EPS. Research analysts expect that Ichor Holdings, Ltd. will post -0.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Needham & Company LLC cut their target price on Ichor from $44.00 to $40.00 and set a "buy" rating for the company in a research note on Wednesday, August 7th. StockNews.com upgraded Ichor from a "sell" rating to a "hold" rating in a research note on Wednesday, August 14th. TD Cowen upped their target price on Ichor from $35.00 to $40.00 and gave the stock a "buy" rating in a research note on Tuesday, November 5th. DA Davidson assumed coverage on Ichor in a research note on Thursday, September 26th. They set a "buy" rating and a $50.00 target price for the company. Finally, B. Riley restated a "buy" rating and set a $38.00 target price (up from $36.00) on shares of Ichor in a research note on Tuesday, November 5th. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $42.57.

About Ichor

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.