Ichor Holdings, Ltd. (NASDAQ:ICHR) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lowered its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 44.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,676 shares of the technology company's stock after selling 18,757 shares during the period. Natixis Advisors LLC owned about 0.07% of Ichor worth $753,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Quarry LP boosted its holdings in Ichor by 99.5% in the 2nd quarter. Quarry LP now owns 868 shares of the technology company's stock worth $33,000 after buying an additional 433 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Ichor by 136.2% in the third quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company's stock worth $34,000 after acquiring an additional 625 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Ichor by 214.6% in the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company's stock worth $40,000 after acquiring an additional 854 shares during the last quarter. CWM LLC increased its position in shares of 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 purchasing an additional 517 shares in the last quarter. Finally, Summit Global Investments acquired a new position in Ichor in the 2nd quarter valued at $246,000. Hedge funds and other institutional investors own 94.81% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ICHR. Oppenheimer started coverage on shares of Ichor in a research note on Wednesday, September 25th. They set a "market perform" rating and a $35.00 target price on the stock. TD Cowen upped their price objective on shares of Ichor from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Tuesday, November 5th. StockNews.com upgraded shares of Ichor from a "sell" rating to a "hold" rating in a report on Wednesday, August 14th. DA Davidson started coverage on Ichor in a report on Thursday, September 26th. They set a "buy" rating and a $50.00 target price on the stock. Finally, Needham & Company LLC dropped their price target on Ichor from $44.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday, August 7th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Ichor currently has an average rating of "Moderate Buy" and an average price target of $42.57.

Ichor Trading Down 1.4 %

Shares of ICHR stock traded down $0.47 on Thursday, hitting $32.16. The stock had a trading volume of 146,284 shares, compared to its average volume of 301,309. The firm has a market capitalization of $1.08 billion, a P/E ratio of -34.58 and a beta of 1.91. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.64 and a quick ratio of 1.69. The company's 50 day moving average price is $29.99 and its 200-day moving average price is $33.12. Ichor Holdings, Ltd. has a 1 year low of $25.32 and a 1 year high of $46.43.

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

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.