Foundry Partners LLC increased its holdings in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 54.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 150,530 shares of the technology company's stock after acquiring an additional 52,870 shares during the quarter. Foundry Partners LLC owned approximately 0.45% of Ichor worth $4,850,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in Ichor by 157.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 340,247 shares of the technology company's stock valued at $10,823,000 after purchasing an additional 208,328 shares during the period. State Street Corp grew its position 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 worth $39,207,000 after acquiring an additional 21,804 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Ichor by 65.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,904 shares of the technology company's stock worth $1,746,000 after acquiring an additional 21,810 shares during the period. Barclays PLC lifted its position in Ichor by 377.6% in the 3rd quarter. Barclays PLC now owns 56,787 shares of the technology company's stock valued at $1,808,000 after purchasing an additional 44,897 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Ichor by 6.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 472,757 shares of the technology company's stock valued at $15,038,000 after purchasing an additional 26,951 shares during the period. Institutional investors own 94.81% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. StockNews.com raised Ichor from a "sell" rating to a "hold" rating in a report on Wednesday, April 2nd. Needham & Company LLC reaffirmed a "hold" rating on shares of Ichor in a research note on Wednesday, February 5th. Finally, TD Cowen lowered their price target on Ichor from $40.00 to $38.00 and set a "buy" rating on the stock in a report on Friday, January 17th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $42.29.
Read Our Latest Stock Analysis on ICHR
Insiders Place Their Bets
In related news, Director Jorge Titinger sold 3,000 shares of the company's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $32.04, for a total value of $96,120.00. Following the completion of the sale, the director now directly owns 9,832 shares in the company, valued at approximately $315,017.28. This represents a 23.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 2.20% of the company's stock.
Ichor Stock Down 9.9 %
Shares of ICHR traded down $2.06 during mid-day trading on Thursday, reaching $18.84. The company's stock had a trading volume of 282,652 shares, compared to its average volume of 303,262. Ichor Holdings, Ltd. has a 1 year low of $15.84 and a 1 year high of $42.70. The company has a quick ratio of 1.49, a current ratio of 3.34 and a debt-to-equity ratio of 0.17. The company has a market cap of $640.48 million, a price-to-earnings ratio of -28.91 and a beta of 1.88. The business has a fifty day moving average of $27.33 and a 200 day moving average of $29.60.
Ichor (NASDAQ:ICHR - Get Free Report) last issued its earnings results on Tuesday, February 4th. The technology company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.14). Ichor had a negative net margin of 2.45% and a negative return on equity of 1.38%. As a group, analysts forecast that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.
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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