Teachers Advisors LLC boosted its holdings in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 167.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,045 shares of the technology company’s stock after buying an additional 13,169 shares during the period. Teachers Advisors LLC owned approximately 0.08% of Ichor Holdings worth $424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also made changes to their positions in the stock. Paradigm Capital Management Inc. NY increased its position in Ichor Holdings by 2,598.2% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 906,600 shares of the technology company’s stock valued at $18,277,000 after buying an additional 873,000 shares in the last quarter. Timpani Capital Management LLC acquired a new position in Ichor Holdings during the 2nd quarter valued at about $682,000. Martingale Asset Management L P acquired a new position in Ichor Holdings during the 2nd quarter valued at about $819,000. Alliancebernstein L.P. acquired a new position in Ichor Holdings during the 2nd quarter valued at about $530,000. Finally, Systematic Financial Management LP acquired a new position in Ichor Holdings during the 2nd quarter valued at about $3,509,000. 85.74% of the stock is currently owned by institutional investors.
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ICHR has been the topic of several recent analyst reports. Cowen and Company set a $25.00 target price on Ichor Holdings and gave the company a “buy” rating in a research report on Thursday, July 27th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $26.00 target price on shares of Ichor Holdings in a research report on Friday, July 28th. Needham & Company LLC reissued a “positive” rating and issued a $30.00 price objective (up from $25.00) on shares of Ichor Holdings in a report on Monday, July 31st. Stifel Nicolaus increased their price objective on Ichor Holdings from $26.00 to $32.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $26.00 price objective (up from $24.00) on shares of Ichor Holdings in a report on Wednesday, August 9th. Six investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of $35.17.
Ichor Holdings, Ltd. (NASDAQ:ICHR) opened at $28.98 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 1.79 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $714.54 and a PE ratio of 12.72. Ichor Holdings, Ltd. has a 1-year low of $9.76 and a 1-year high of $35.51.
Ichor Holdings (NASDAQ:ICHR) last announced its quarterly earnings data on Thursday, November 9th. The technology company reported $0.62 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.62. The business had revenue of $164.50 million for the quarter, compared to analyst estimates of $165.16 million. Ichor Holdings had a return on equity of 34.76% and a net margin of 7.43%. Ichor Holdings’s quarterly revenue was up 55.6% compared to the same quarter last year. sell-side analysts anticipate that Ichor Holdings, Ltd. will post 2.4 EPS for the current fiscal year.
In related news, CFO Maurice Eugene Carson sold 17,300 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $29.37, for a total transaction of $508,101.00. Following the sale, the chief financial officer now directly owns 52,922 shares of the company’s stock, valued at $1,554,319.14. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Dipanjan Deb sold 799,564 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $18.50, for a total value of $14,791,934.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 928,920 shares of company stock worth $17,877,456. 5.80% of the stock is owned by corporate insiders.
Ichor Holdings 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.
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