Ichor Holdings, Ltd. (NASDAQ:ICHR) Shares Bought by Versor Investments LP

Versor Investments LP lifted its holdings in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 50.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,700 shares of the technology company’s stock after buying an additional 6,300 shares during the period. Versor Investments LP owned approximately 0.06% of Ichor worth $603,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Creative Planning acquired a new position in Ichor during the third quarter worth about $578,000. Harbor Capital Advisors Inc. boosted its position in shares of Ichor by 105.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 39,642 shares of the technology company’s stock valued at $1,261,000 after purchasing an additional 20,351 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of Ichor in the 3rd quarter worth approximately $1,380,000. Royce & Associates LP raised its holdings in shares of Ichor by 20.8% in the 3rd quarter. Royce & Associates LP now owns 718,967 shares of the technology company’s stock worth $22,870,000 after purchasing an additional 123,585 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its stake in Ichor by 50.1% during the third quarter. Mutual of America Capital Management LLC now owns 121,500 shares of the technology company’s stock valued at $3,865,000 after purchasing an additional 40,575 shares during the last quarter. 94.81% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Jorge Titinger sold 3,000 shares of Ichor stock in a transaction on Friday, February 7th. The stock was sold at an average price of $32.04, for a total transaction of $96,120.00. Following the completion of the sale, the director now directly owns 9,832 shares of the company’s stock, 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 Securities & Exchange Commission, which is available at this link. Insiders own 2.20% of the company’s stock.

Ichor Stock Performance

NASDAQ:ICHR opened at $29.29 on Friday. The stock has a market capitalization of $995.95 million, a P/E ratio of -45.06 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. Ichor Holdings, Ltd. has a 1 year low of $25.95 and a 1 year high of $45.21. The firm has a 50 day moving average of $31.17 and a 200-day moving average of $30.69.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. StockNews.com cut Ichor from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th. TD Cowen dropped their price target on Ichor from $40.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. B. Riley reaffirmed a “buy” rating and set a $38.00 price objective (up from $36.00) on shares of Ichor in a research note on Tuesday, November 5th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Ichor in a research report on Wednesday, February 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.29.

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.