Iain Mackenzie Sells 4,680 Shares of Ichor Holdings, Ltd. (ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Iain Mackenzie sold 4,680 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $27.11, for a total value of $126,874.80. The sale was disclosed in a filing with the SEC, which is available through this link.

Iain Mackenzie also recently made the following trade(s):

  • On Friday, September 29th, Iain Mackenzie sold 11,690 shares of Ichor Holdings stock. The stock was sold at an average price of $26.72, for a total value of $312,356.80.

Ichor Holdings, Ltd. (ICHR) opened at 30.20 on Thursday. Ichor Holdings, Ltd. has a 52 week low of $9.76 and a 52 week high of $31.68. The stock has a 50 day moving average price of $25.70 and a 200-day moving average price of $25.70. The stock has a market cap of $758.47 million and a P/E ratio of 17.37.

Ichor Holdings (NASDAQ:ICHR) last announced its quarterly earnings results on Thursday, August 10th. The technology company reported $0.58 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.02). The company had revenue of $159.70 million for the quarter, compared to the consensus estimate of $159.36 million. The firm’s quarterly revenue was up 67.4% on a year-over-year basis. On average, equities analysts anticipate that Ichor Holdings, Ltd. will post $2.42 EPS for the current fiscal year.

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A number of brokerages have commented on ICHR. Zacks Investment Research lowered Ichor Holdings from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Deutsche Bank AG reissued a “buy” rating and set a $32.00 price objective (up from $26.00) on shares of Ichor Holdings in a report on Tuesday. Needham & Company LLC reissued a “buy” rating and set a $30.00 price objective on shares of Ichor Holdings in a report on Tuesday, September 19th. Royal Bank Of Canada reissued a “buy” rating and set a $26.00 price objective on shares of Ichor Holdings in a report on Friday, July 28th. Finally, Cowen and Company set a $25.00 price objective on Ichor Holdings and gave the stock a “buy” rating in a report on Thursday, July 27th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $28.17.

Institutional investors and hedge funds have recently made changes to their positions in the stock. C M Bidwell & Associates Ltd. bought a new stake in shares of Ichor Holdings during the second quarter valued at approximately $162,000. The Manufacturers Life Insurance Company bought a new stake in shares of Ichor Holdings during the second quarter valued at approximately $180,000. Royal Bank of Canada increased its position in shares of Ichor Holdings by 38.2% during the second quarter. Royal Bank of Canada now owns 9,400 shares of the technology company’s stock valued at $189,000 after acquiring an additional 2,600 shares in the last quarter. Hancock Holding Co. increased its position in shares of Ichor Holdings by 1.2% during the second quarter. Hancock Holding Co. now owns 10,326 shares of the technology company’s stock valued at $208,000 after acquiring an additional 126 shares in the last quarter. Finally, BT Investment Management Ltd bought a new stake in shares of Ichor Holdings during the second quarter valued at approximately $223,000. 83.68% of the stock is owned by institutional investors.

About Ichor Holdings

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 Holdings (NASDAQ:ICHR)

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