Ichor (NASDAQ:ICHR) CFO Sells $153,600.00 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 3,000 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $51.20, for a total value of $153,600.00. Following the sale, the chief financial officer directly owned 78,679 shares of the company’s stock, valued at approximately $4,028,364.80. This trade represents a 3.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Ichor Trading Down 2.2%

NASDAQ:ICHR traded down $1.17 on Wednesday, hitting $52.41. 1,120,761 shares of the stock were exchanged, compared to its average volume of 1,179,529. The stock has a fifty day moving average of $30.36 and a 200-day moving average of $22.41. The stock has a market cap of $1.82 billion, a PE ratio of -34.03 and a beta of 1.89. The company has a current ratio of 3.16, a quick ratio of 1.38 and a debt-to-equity ratio of 0.18. Ichor Holdings, Ltd. has a fifty-two week low of $13.12 and a fifty-two week high of $55.33.

Institutional Trading of Ichor

Large investors have recently modified their holdings of the business. Linden Thomas Advisory Services LLC lifted its stake in shares of Ichor by 0.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock worth $934,000 after acquiring an additional 398 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after purchasing an additional 590 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Ichor by 5.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after purchasing an additional 666 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Ichor by 0.6% in the 4th quarter. AQR Capital Management LLC now owns 134,194 shares of the technology company’s stock valued at $2,473,000 after purchasing an additional 817 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Ichor by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock valued at $444,000 after buying an additional 865 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ICHR shares. Zacks Research raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Stifel Nicolaus set a $30.00 price target on Ichor in a report on Tuesday, February 10th. Wall Street Zen raised Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research report on Monday, December 29th. Finally, B. Riley Financial upgraded Ichor from a “neutral” rating to a “buy” rating in a report on Tuesday, February 10th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $39.57.

About Ichor

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.