Gotham Asset Management LLC Has $791,000 Stake in Ichor Holdings, Ltd. (NASDAQ:ICHR)

Gotham Asset Management LLC raised its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 10.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 24,565 shares of the technology company’s stock after acquiring an additional 2,306 shares during the quarter. Gotham Asset Management LLC’s holdings in Ichor were worth $791,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in ICHR. Barclays PLC grew its position in Ichor by 377.6% during the third quarter. Barclays PLC now owns 56,787 shares of the technology company’s stock worth $1,808,000 after buying an additional 44,897 shares in the last quarter. Janney Montgomery Scott LLC lifted its position 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 acquiring an additional 373 shares during the period. Linden Thomas Advisory Services LLC grew its holdings in shares of Ichor by 23.3% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 15,784 shares of the technology company’s stock worth $509,000 after purchasing an additional 2,984 shares in the last quarter. KBC Group NV increased its position in shares of Ichor by 83.5% during the fourth quarter. KBC Group NV now owns 2,086 shares of the technology company’s stock valued at $67,000 after purchasing an additional 949 shares during the period. Finally, Hodges Capital Management Inc. increased its position in shares of Ichor by 52.0% during the fourth quarter. Hodges Capital Management Inc. now owns 217,125 shares of the technology company’s stock valued at $6,996,000 after purchasing an additional 74,255 shares during the period. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Stock Down 3.6%

Shares of NASDAQ:ICHR opened at $18.30 on Monday. The company’s fifty day moving average is $20.80 and its 200-day moving average is $27.63. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.49 and a current ratio of 3.34. Ichor Holdings, Ltd. has a 52 week low of $15.38 and a 52 week high of $42.70. The company has a market capitalization of $624.40 million, a PE ratio of -28.15 and a beta of 1.83.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Monday, May 5th. The technology company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.14). The firm had revenue of $244.47 million during the quarter, compared to analyst estimates of $244.95 million. Ichor had a negative net margin of 2.45% and a negative return on equity of 1.38%. Ichor’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.09) earnings per share. Equities research analysts predict that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. DA Davidson decreased their price target on shares of Ichor from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Oppenheimer reduced their price objective on shares of Ichor from $35.00 to $25.00 and set a “market perform” rating for the company in a report on Friday, April 11th. Stifel Nicolaus lowered their target price on shares of Ichor from $35.00 to $28.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Needham & Company LLC reissued a “hold” rating on shares of Ichor in a research report on Tuesday, May 6th. Finally, TD Cowen cut their price target on shares of Ichor from $38.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, May 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $34.00.

Insider Transactions at Ichor

In other Ichor news, CEO Jeff Andreson acquired 10,000 shares of the business’s stock in a transaction on Thursday, May 8th. The stock was purchased at an average price of $16.86 per share, for a total transaction of $168,600.00. Following the transaction, the chief executive officer now owns 285,594 shares in the company, valued at $4,815,114.84. This trade represents a 3.63% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is owned by company insiders.

Ichor Company 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.