1 day Ago By ABMN Staff
Arizona State Retirement System lifted its stake in shares of Ichor Holdings, Ltd. ( NASDAQ:ICHR – Free Report ) by 14.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 9,228 shares of the technology company’s stock after purchasing an additional 1,154 shares during the quarter. Arizona State Retirement System’s holdings in Ichor were worth $356,000 at the end of the most recent reporting period. Several other large investors also recently made changes to their positions in the company.
Swedbank AB acquired a new stake in Ichor in the 1st quarter valued at $67,106,000. Hood River Capital Management LLC acquired a new position in shares of Ichor during the first quarter valued at about $36,971,000. Westfield Capital Management Co.
LP increased its position in shares of Ichor by 162.9% during the first quarter. Westfield Capital Management Co.
LP now owns 335,867 shares of the technology company’s stock worth $12,971,000 after acquiring an additional 208,117 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Ichor by 6.
6% in the 1st quarter. Vanguard Group Inc. now owns 2,841,622 shares of the technology company’s stock worth $109,743,000 after acquiring an additional 176,970 shares during the last quarter.
Finally, S Squared Technology LLC bought a new position in Ichor in the 4th quarter valued at about $5,525,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth A number of research firms recently commented on ICHR. TD Cowen lowered their price target on Ichor from $48.00 to $35.
00 and set a “buy” rating for the company in a research report on Wednesday, August 7th. StockNews.com upgraded shares of Ichor from a “sell” rating to a “hold” rating in a report on Wednesday, August 14th.
Finally, Needham & Company LLC cut their price target on shares of Ichor from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th.
One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $43.
60. Ichor Stock Performance NASDAQ ICHR opened at $28.93 on Wednesday.
The company’s 50 day simple moving average is $31.99 and its two-hundred day simple moving average is $36.26.
The company has a debt-to-equity ratio of 0.18, a current ratio of 4.27 and a quick ratio of 1.
91. Ichor Holdings, Ltd. has a 1 year low of $22.
26 and a 1 year high of $46.43. The stock has a market capitalization of $968.
43 million, a PE ratio of -16.34 and a beta of 1.91.
Ichor ( NASDAQ:ICHR – Get Free Report ) last issued its quarterly earnings data on Tuesday, August 6th. The technology company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.
09) by $0.02. Ichor had a negative return on equity of 2.
56% and a negative net margin of 4.53%. The company had revenue of $203.
23 million during the quarter, compared to analyst estimates of $197.75 million. Analysts predict that Ichor Holdings, Ltd.
will post -0.22 earnings per share for the current fiscal year. About Ichor ( Free Report ) Ichor Holdings, Ltd.
engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices. Recommended Stories Want to see what other hedge funds are holding ICHR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Ichor Holdings, Ltd. ( NASDAQ:ICHR – Free Report ). Receive News & Ratings for Ichor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ichor and related companies with MarketBeat.
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