Kennedy Capital Management LLC decreased its stake in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 377,332 shares of the technology company's stock after selling 44,596 shares during the period. Kennedy Capital Management LLC owned approximately 1.12% of Ichor worth $12,158,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in ICHR. JPMorgan Chase & Co. boosted its stake in shares of Ichor by 157.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 340,247 shares of the technology company's stock worth $10,823,000 after acquiring an additional 208,328 shares in the last quarter. State Street Corp boosted its position in 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 purchasing an additional 21,804 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Ichor by 65.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,904 shares of the technology company's stock valued at $1,746,000 after purchasing an additional 21,810 shares during the last quarter. Barclays PLC boosted its position in shares of Ichor by 377.6% in the 3rd quarter. Barclays PLC now owns 56,787 shares of the technology company's stock worth $1,808,000 after buying an additional 44,897 shares in the last quarter. Finally, Meros Investment Management LP grew its stake in Ichor by 85.4% in the 3rd quarter. Meros Investment Management LP now owns 197,119 shares of the technology company's stock valued at $6,270,000 after acquiring an additional 90,791 shares during the last quarter. Hedge funds and other institutional investors own 94.81% of the company's stock.
Insider Activity at Ichor
In other news, Director Jorge Titinger sold 3,000 shares of the firm's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $32.04, for a total value of $96,120.00. Following the transaction, the director now directly owns 9,832 shares in the company, valued at $315,017.28. This trade represents a 23.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.20% of the stock is owned by insiders.
Ichor Trading Down 1.1 %
Ichor stock traded down $0.20 during trading on Tuesday, hitting $17.58. The company's stock had a trading volume of 85,372 shares, compared to its average volume of 305,985. The stock's fifty day moving average is $26.65 and its 200 day moving average is $29.35. 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 Holdings, Ltd. has a 1-year low of $15.84 and a 1-year high of $42.70. The stock has a market capitalization of $599.71 million, a price-to-earnings ratio of -27.05 and a beta of 1.88.
Ichor (NASDAQ:ICHR - Get Free Report) last released its 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 predict that Ichor Holdings, Ltd. will post 1.01 EPS for the current year.
Wall Street Analyst Weigh In
ICHR has been the subject of a number of recent research reports. Oppenheimer dropped their price objective on shares of Ichor from $35.00 to $25.00 and set a "market perform" rating for the company in a research note on Friday. StockNews.com cut Ichor from a "hold" rating to a "sell" rating in a report on Thursday, April 10th. Needham & Company LLC reaffirmed a "hold" rating on shares of Ichor in a research note on Wednesday, February 5th. Finally, TD Cowen dropped their price objective on Ichor from $40.00 to $38.00 and set a "buy" rating for the company in a research report on Friday, January 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Ichor currently has an average rating of "Moderate Buy" and an average price target of $40.86.
Check Out Our Latest Stock Report on Ichor
Ichor Company Profile
(
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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