Ichor Holdings Ltd (ICHR) Director Sells $113,677.20 in Stock

Ichor Holdings Ltd (NASDAQ:ICHR) Director Iain Mackenzie sold 4,680 shares of Ichor stock in a transaction on Monday, April 9th. The shares were sold at an average price of $24.29, for a total value of $113,677.20. Following the transaction, the director now directly owns 4,680 shares of the company’s stock, valued at $113,677.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of NASDAQ:ICHR opened at $25.75 on Friday. Ichor Holdings Ltd has a twelve month low of $16.82 and a twelve month high of $35.51. The firm has a market capitalization of $644.90, a PE ratio of 10.10 and a beta of 4.91. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.89 and a quick ratio of 0.84.

Ichor (NASDAQ:ICHR) last announced its earnings results on Wednesday, February 7th. The technology company reported $0.68 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.68. Ichor had a return on equity of 33.93% and a net margin of 7.83%. The company had revenue of $182.94 million during the quarter, compared to analyst estimates of $183.06 million. equities analysts anticipate that Ichor Holdings Ltd will post 3.56 earnings per share for the current year.



A number of brokerages have issued reports on ICHR. BidaskClub raised Ichor from a “sell” rating to a “hold” rating in a report on Friday. Needham & Company LLC raised Ichor from a “buy” rating to a “strong-buy” rating and set a $42.00 price objective for the company in a report on Tuesday, February 13th. Zacks Investment Research raised Ichor from a “hold” rating to a “strong-buy” rating and set a $28.00 price objective for the company in a report on Wednesday, January 3rd. ValuEngine raised Ichor from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. Finally, Stifel Nicolaus lifted their price objective on Ichor from $36.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Two analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Ichor presently has an average rating of “Buy” and a consensus target price of $38.33.

Large investors have recently made changes to their positions in the company. Engineers Gate Manager LP acquired a new stake in shares of Ichor in the third quarter valued at $1,288,000. Stifel Financial Corp acquired a new stake in shares of Ichor in the third quarter valued at $639,000. JPMorgan Chase & Co. acquired a new stake in shares of Ichor in the third quarter valued at $2,899,000. Capital Management Associates NY acquired a new stake in shares of Ichor in the fourth quarter valued at $320,000. Finally, Insight Capital Research & Management Inc. acquired a new stake in shares of Ichor in the third quarter valued at $425,000. Institutional investors own 70.52% of the company’s stock.

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Ichor Company Profile

Ichor Holdings, Ltd. is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. The Company’s primary offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices.

Insider Buying and Selling by Quarter for Ichor (NASDAQ:ICHR)

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