Royce & Associates LP Has $27.85 Million Position in Ichor Holdings, Ltd. (NASDAQ:ICHR)

Royce & Associates LP grew its position in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 20.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 864,245 shares of the technology company’s stock after buying an additional 145,278 shares during the quarter. Royce & Associates LP’s holdings in Ichor were worth $27,846,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its position in Ichor by 1.8% during 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 in the last quarter. Victory Capital Management Inc. increased its position in Ichor by 1.1% during the 4th quarter. Victory Capital Management Inc. now owns 44,131 shares of the technology company’s stock worth $1,422,000 after purchasing an additional 467 shares in the last quarter. Quarry LP increased its position in Ichor by 80.4% during the 3rd quarter. Quarry LP now owns 1,566 shares of the technology company’s stock worth $50,000 after purchasing an additional 698 shares in the last quarter. Swiss National Bank increased its position in Ichor by 1.4% during the 4th quarter. Swiss National Bank now owns 66,200 shares of the technology company’s stock worth $2,133,000 after purchasing an additional 900 shares in the last quarter. Finally, KBC Group NV increased its position in Ichor by 83.5% during the 4th quarter. KBC Group NV now owns 2,086 shares of the technology company’s stock worth $67,000 after purchasing an additional 949 shares in the last quarter. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Ichor news, Director Jorge Titinger sold 3,000 shares of the firm’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $32.04, for a total value of $96,120.00. Following the transaction, the director now directly owns 9,832 shares of the company’s stock, valued at approximately $315,017.28. This trade represents a 23.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.20% of the stock is owned by insiders.

Analyst Ratings Changes

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

Ichor Stock Up 4.4 %

Shares of NASDAQ ICHR opened at $26.76 on Monday. The firm has a market cap of $909.92 million, a PE ratio of -41.17 and a beta of 1.91. Ichor Holdings, Ltd. has a 12-month low of $24.61 and a 12-month high of $42.70. The company’s fifty day simple moving average is $30.25 and its 200 day simple moving average is $30.40. The company has a quick ratio of 1.49, a current ratio of 3.34 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last issued its earnings results on Tuesday, February 4th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate 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 forecast that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.

Ichor 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 and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.