GSA Capital Partners LLP Has $365,000 Stock Holdings in Ichor Holdings, Ltd. $ICHR

GSA Capital Partners LLP lowered its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 59.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,826 shares of the technology company’s stock after selling 30,163 shares during the period. GSA Capital Partners LLP owned approximately 0.06% of Ichor worth $365,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in ICHR. The Manufacturers Life Insurance Company raised its stake 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 buying an additional 666 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ichor by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after purchasing an additional 865 shares during the period. Pinnacle Associates Ltd. lifted its holdings in shares of Ichor by 0.3% in the 2nd quarter. Pinnacle Associates Ltd. now owns 386,542 shares of the technology company’s stock worth $7,592,000 after purchasing an additional 1,099 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Ichor by 6.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,442 shares of the technology company’s stock valued at $401,000 after purchasing an additional 1,305 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new stake in Ichor during the 2nd quarter valued at $27,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ichor Stock Down 10.5%

ICHR stock opened at $46.90 on Friday. The stock has a market cap of $1.62 billion, a P/E ratio of -30.45 and a beta of 1.89. The stock’s fifty day simple moving average is $31.67 and its two-hundred day simple moving average is $22.79. 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 1-year low of $13.12 and a 1-year high of $55.33.

Analyst Upgrades and Downgrades

ICHR has been the topic of a number of recent research reports. Stifel Nicolaus set a $30.00 price objective on shares of Ichor in a research note on Tuesday, February 10th. TD Cowen reaffirmed a “buy” rating on shares of Ichor in a research report on Tuesday, February 10th. Craig Hallum reissued a “buy” rating and set a $36.00 price objective on shares of Ichor in a report on Wednesday, January 14th. Needham & Company LLC raised their target price on Ichor from $36.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, DA Davidson lifted their target price on Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Ichor currently has an average rating of “Hold” and a consensus target price of $39.57.

Insider Activity

In related news, Director Marc Haugen sold 19,875 shares of Ichor stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $49.71, for a total value of $987,986.25. Following the completion of the sale, the director owned 26,085 shares of the company’s stock, valued at approximately $1,296,685.35. This trade represents a 43.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas M. Rohrs sold 53,908 shares of Ichor stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $45.48, for a total transaction of $2,451,735.84. Following the completion of the transaction, the director owned 53,024 shares of the company’s stock, valued at $2,411,531.52. The trade was a 50.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 99,259 shares of company stock worth $4,710,020. 1.90% of the stock is owned by insiders.

Key Stories Impacting Ichor

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Sharp drop in short interest — Short interest fell about 18.5% in February to ~2.26M shares (≈6.7% of float), lowering the days-to-cover to ~1.4. Reduced short pressure can remove a source of forced selling and be supportive to the shares.
• Positive Sentiment: Ichor to present at a Stifel Technology 1×1 investor event — Management exposure at the conference could clarify near-term outlook and act as a catalyst if commentary or guidance is upbeat. Read More.
• Neutral Sentiment: Analyst mix remains mixed — Several firms have reaffirmed or raised coverage (DA Davidson raised its target to $53; TD Cowen remains constructive) but consensus is still a “Hold” with an average target near $39.6, indicating divergent views rather than a clear near-term runway.
• Neutral Sentiment: High institutional ownership — ~94.8% of shares are held by institutions, which can stabilize trading but also concentrate buying/selling flows; recent small institutional moves were noted in filings.
• Negative Sentiment: Significant insider selling by senior management — Multiple Form 4 filings show large disposals in late Feb: COO Bruce Ragsdale sold 21,276 shares (~$49.66 avg), Director Marc Haugen sold 19,875 shares (~$49.71 avg), CFO Greg Swyt sold 3,000 shares (~$51.20 avg), and Director Jorge Titinger sold 1,200 shares (~$50.11 avg). The size and timing of these sales are the most likely proximate cause of today’s negative sentiment. Read More. Read More. Read More. Read More.

Ichor Company Profile

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.