Ichor Holdings, Ltd. (NASDAQ:ICHR) Shares Bought by US Bancorp DE

US Bancorp DE increased its position in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 59.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,873 shares of the technology company’s stock after buying an additional 6,302 shares during the quarter. US Bancorp DE owned about 0.05% of Ichor worth $544,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ICHR. Janney Montgomery Scott LLC grew its stake in shares of Ichor by 1.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 21,531 shares of the technology company’s stock worth $694,000 after purchasing an additional 373 shares during the last quarter. Quarry LP grew its position in Ichor by 80.4% in the third quarter. Quarry LP now owns 1,566 shares of the technology company’s stock worth $50,000 after buying an additional 698 shares during the last quarter. KBC Group NV grew its position in Ichor by 83.5% in the fourth quarter. KBC Group NV now owns 2,086 shares of the technology company’s stock worth $67,000 after buying an additional 949 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Ichor by 28.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,818 shares of the technology company’s stock valued at $153,000 after buying an additional 1,068 shares in the last quarter. Finally, Handelsbanken Fonder AB lifted its position in shares of Ichor by 26.3% during the 4th quarter. Handelsbanken Fonder AB now owns 10,100 shares of the technology company’s stock valued at $325,000 after acquiring an additional 2,100 shares during the last quarter. Institutional investors own 94.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on ICHR shares. StockNews.com cut Ichor from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th. Needham & Company LLC reissued a “hold” rating on shares of Ichor in a research note on Wednesday, February 5th. Finally, TD Cowen reduced their price objective on shares of Ichor from $40.00 to $38.00 and set a “buy” rating for the company in a research note on Friday, January 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Ichor has a consensus rating of “Moderate Buy” and an average target price of $42.29.

Insider Buying and Selling at Ichor

In other Ichor news, Director Jorge Titinger sold 3,000 shares of the business’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $32.04, for a total value of $96,120.00. Following the transaction, the director now owns 9,832 shares in the company, valued at $315,017.28. The trade was a 23.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 2.20% of the company’s stock.

Ichor Stock Down 5.5 %

NASDAQ:ICHR opened at $24.77 on Wednesday. Ichor Holdings, Ltd. has a 1-year low of $24.61 and a 1-year high of $42.72. The firm has a market capitalization of $842.25 million, a price-to-earnings ratio of -38.11 and a beta of 1.91. The company has a current ratio of 3.34, a quick ratio of 1.49 and a debt-to-equity ratio of 0.17. The business’s fifty day moving average price is $30.64 and its 200 day moving average price is $30.50.

Ichor (NASDAQ:ICHR) last issued its earnings results on Tuesday, February 4th. The technology company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.14). Ichor had a negative net margin of 2.45% and a negative return on equity of 1.38%. On average, sell-side analysts forecast that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.

About Ichor

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.