CenterBook Partners LP Buys Shares of 15,037 Ichor Holdings, Ltd. $ICHR

CenterBook Partners LP bought a new stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 15,037 shares of the technology company’s stock, valued at approximately $263,000.

Other large investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. acquired a new position in Ichor during the second quarter valued at approximately $27,000. Nisa Investment Advisors LLC increased its stake in shares of Ichor by 1,060.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock valued at $34,000 after purchasing an additional 1,602 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Ichor by 380.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the technology company’s stock valued at $71,000 after purchasing an additional 2,870 shares during the last quarter. CWM LLC raised its holdings in shares of Ichor by 105.6% during the 2nd quarter. CWM LLC now owns 4,532 shares of the technology company’s stock worth $89,000 after buying an additional 2,328 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Ichor during the 3rd quarter worth $115,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ICHR. Wall Street Zen upgraded Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. DA Davidson increased their target price on shares of Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Stifel Nicolaus set a $30.00 price target on shares of Ichor in a report on Tuesday, February 10th. B. Riley Financial upgraded shares of Ichor from a “neutral” rating to a “buy” rating in a research report on Tuesday, February 10th. Finally, TD Cowen restated a “buy” rating on shares of Ichor in a research report on Tuesday, February 10th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $39.57.

Ichor Price Performance

ICHR stock opened at $50.35 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.38 and a current ratio of 3.16. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $50.50. The company has a market capitalization of $1.73 billion, a P/E ratio of -32.69 and a beta of 1.88. The company has a fifty day moving average price of $28.98 and a 200-day moving average price of $21.91.

Insider Buying and Selling

In other Ichor news, Director Thomas M. Rohrs sold 53,908 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $45.48, for a total value of $2,451,735.84. Following the sale, the director owned 53,024 shares in the company, valued at approximately $2,411,531.52. The trade was a 50.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.90% of the company’s stock.

About Ichor

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.