Jeff Andreson Acquires 6,500 Shares of Ichor Holdings Ltd (ICHR) Stock

Ichor Holdings Ltd (NASDAQ:ICHR) CFO Jeff Andreson acquired 6,500 shares of the company’s stock in a transaction on Tuesday, November 13th. The stock was acquired at an average price of $15.90 per share, with a total value of $103,350.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Jeff Andreson also recently made the following trade(s):

  • On Monday, August 27th, Jeff Andreson acquired 5,200 shares of Ichor stock. The stock was acquired at an average price of $24.22 per share, with a total value of $125,944.00.

Shares of NASDAQ:ICHR opened at $16.26 on Thursday. The company has a market capitalization of $352.17 million, a PE ratio of 6.75 and a beta of 3.82. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. Ichor Holdings Ltd has a 12 month low of $15.10 and a 12 month high of $34.78.

Ichor (NASDAQ:ICHR) last issued its earnings results on Tuesday, November 6th. The technology company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.54 by $0.01. The company had revenue of $175.20 million during the quarter, compared to analysts’ expectations of $179.84 million. Ichor had a net margin of 7.95% and a return on equity of 35.38%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.62 EPS. As a group, research analysts expect that Ichor Holdings Ltd will post 2.73 EPS for the current year.

Several analysts have weighed in on ICHR shares. ValuEngine cut shares of Ichor from a “hold” rating to a “sell” rating in a research note on Wednesday, September 12th. Royal Bank of Canada dropped their target price on shares of Ichor from $40.00 to $33.00 and set a “$20.46” rating for the company in a research report on Wednesday, July 18th. Zacks Investment Research upgraded shares of Ichor from a “hold” rating to a “strong-buy” rating and set a $23.00 target price for the company in a research report on Tuesday, October 9th. Cowen set a $32.00 target price on shares of Ichor and gave the company an “outperform” rating in a research report on Wednesday, August 8th. Finally, Stifel Nicolaus set a $41.00 target price on shares of Ichor and gave the company a “buy” rating in a research report on Tuesday, October 23rd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Ichor presently has an average rating of “Hold” and a consensus price target of $32.00.

Several large investors have recently modified their holdings of ICHR. BlackRock Inc. raised its position in shares of Ichor by 2.6% in the 1st quarter. BlackRock Inc. now owns 1,187,417 shares of the technology company’s stock valued at $28,749,000 after buying an additional 29,854 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in shares of Ichor in the 1st quarter valued at approximately $13,817,000. LPL Financial LLC increased its position in Ichor by 13.6% during the 1st quarter. LPL Financial LLC now owns 25,632 shares of the technology company’s stock worth $621,000 after purchasing an additional 3,075 shares in the last quarter. Guggenheim Capital LLC increased its position in Ichor by 44.5% during the 1st quarter. Guggenheim Capital LLC now owns 17,032 shares of the technology company’s stock worth $412,000 after purchasing an additional 5,243 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its position in Ichor by 15.9% during the 1st quarter. Allianz Asset Management GmbH now owns 71,862 shares of the technology company’s stock worth $1,740,000 after purchasing an additional 9,836 shares in the last quarter. Institutional investors own 82.77% of the company’s stock.

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Ichor Company Profile

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States, the United Kingdom, Singapore, Malaysia, and South Korea. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices.

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