Segall Bryant & Hamill LLC lowered its position in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 539,712 shares of the technology company's stock after selling 28,405 shares during the quarter. Segall Bryant & Hamill LLC owned about 1.60% of Ichor worth $17,390,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. KLP Kapitalforvaltning AS bought a new position in Ichor in the 4th quarter valued at $193,000. Sei Investments Co. grew its holdings in shares of Ichor by 57.9% in the fourth quarter. Sei Investments Co. now owns 12,943 shares of the technology company's stock worth $417,000 after purchasing an additional 4,745 shares during the last quarter. American Century Companies Inc. purchased a new position in Ichor in the 4th quarter worth about $382,000. Quantbot Technologies LP lifted its holdings in Ichor by 88.7% during the 4th quarter. Quantbot Technologies LP now owns 13,293 shares of the technology company's stock valued at $428,000 after buying an additional 6,248 shares in the last quarter. Finally, Summit Global Investments bought a new stake in shares of Ichor during the fourth quarter valued at approximately $253,000. Institutional investors own 94.81% of the company's stock.
Insider Buying and Selling at Ichor
In other Ichor news, Director Jorge Titinger sold 3,000 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 9,832 shares of the company's stock, valued at approximately $315,017.28. This represents a 23.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 2.20% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
ICHR has been the subject of a number of research reports. StockNews.com lowered shares of Ichor from a "hold" rating to a "sell" rating in a research note on Tuesday, February 25th. TD Cowen reduced their price objective on shares of Ichor from $40.00 to $38.00 and set a "buy" rating for the company in a research note on Friday, January 17th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Ichor in a research note on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $42.29.
Check Out Our Latest Analysis on Ichor
Ichor Price Performance
NASDAQ ICHR traded down $1.99 during trading hours on Friday, reaching $23.19. The company's stock had a trading volume of 417,619 shares, compared to its average volume of 297,226. The firm has a market capitalization of $788.53 million, a price-to-earnings ratio of -35.68 and a beta of 1.91. The company's 50-day moving average is $29.14 and its two-hundred day moving average is $30.21. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.34 and a quick ratio of 1.49. Ichor Holdings, Ltd. has a 1-year low of $23.09 and a 1-year high of $42.70.
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 analysts' consensus estimates of $0.09 by ($0.14). Ichor had a negative return on equity of 1.38% and a negative net margin of 2.45%. On average, equities analysts predict that Ichor Holdings, Ltd. will post 1.01 EPS for the current 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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