Segall Bryant & Hamill LLC Lowers Position in Ichor Holdings, Ltd. (NASDAQ:ICHR)

Segall Bryant & Hamill LLC decreased its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 5.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 539,712 shares of the technology company’s stock after selling 28,405 shares during the period. Segall Bryant & Hamill LLC’s holdings in Ichor were worth $17,390,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in Ichor by 157.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 340,247 shares of the technology company’s stock worth $10,823,000 after acquiring an additional 208,328 shares during the last quarter. State Street Corp boosted its holdings in Ichor by 1.8% during the third quarter. State Street Corp now owns 1,232,532 shares of the technology company’s stock worth $39,207,000 after purchasing an additional 21,804 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Ichor by 65.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,904 shares of the technology company’s stock worth $1,746,000 after purchasing an additional 21,810 shares in the last quarter. Barclays PLC increased its stake in Ichor by 377.6% in the 3rd quarter. Barclays PLC now owns 56,787 shares of the technology company’s stock valued at $1,808,000 after buying an additional 44,897 shares during the last quarter. Finally, Meros Investment Management LP lifted its position in shares of Ichor by 85.4% during the 3rd quarter. Meros Investment Management LP now owns 197,119 shares of the technology company’s stock worth $6,270,000 after buying an additional 90,791 shares in the last quarter. Institutional investors own 94.81% of the company’s stock.

Analyst Ratings Changes

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

Insider Activity

In related news, Director Jorge Titinger sold 3,000 shares of the firm’s stock in a transaction that occurred 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 completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.

Ichor Stock Performance

NASDAQ:ICHR opened at $27.38 on Wednesday. The company has a market capitalization of $931.00 million, a P/E ratio of -42.12 and a beta of 1.91. The business has a fifty day simple moving average of $29.53 and a two-hundred day simple moving average of $30.29. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.34 and a quick ratio of 1.49. Ichor Holdings, Ltd. has a 1 year low of $24.61 and a 1 year high of $42.70.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported ($0.05) earnings per share 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%. On average, analysts expect that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current 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.