rts logo

Ichor Holdings Ltd (ICHR) Stock Could Soon Reward Patient Investors

Ichor Holdings Ltd (NASDAQ: ICHR) is -7.82% lower on its value in year-to-date trading and has touched a low of $22.26 and a high of $46.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ICHR stock was last observed hovering at around $30.92 in the last trading session, with the day’s gains setting it 0.08%.

Currently trading at $31.00, the stock is 2.71% and -10.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.26% at the moment leaves the stock -13.52% off its SMA200. ICHR registered -14.93% loss for a year compared to 6-month loss of -29.71%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 0.00% gain in the last 1 month and extending the period to 3 months gives it a -18.40%, and is -0.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.87% over the week and 4.30% over the month.

Ichor Holdings Ltd (ICHR) has around 2245 employees, a market worth around $1.04B and $804.85M in sales. Fwd P/E is 19.40. Profit margin for the company is -4.53%. Distance from 52-week low is 39.26% and -33.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.32%).

The EPS is expected to shrink by -33.33% this year.

Ichor Holdings Ltd (ICHR) Top Institutional Holders

272.0 institutions hold shares in Ichor Holdings Ltd (ICHR), with institutional investors hold 100.08% of the company’s shares. The shares outstanding are 33.69M, and float is at 32.76M with Short Float at 1.96%. Institutions hold 98.35% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 5.39 million shares valued at $207.61 million. The investor’s holdings represent 17.9448% of the ICHR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.12 million shares valued at $$120.41 million to account for 10.408 of the shares outstanding. The other top investors are FMR LLC which holds 1.92 million shares representing 6.3846% and valued at over $73.87 million, while INVESCO LTD. holds 5.5855 of the shares totaling 1.68 million with a market value of $64.62 million.

Ichor Holdings Ltd (ICHR) Insider Activity

The most recent transaction is an insider sale by Andreson Jeff,the company’sChief Executive Officer. SEC filings show that Andreson Jeff sold 21,400 shares of the company’s common stock on May 24 ’24 at a price of $38.74 per share for a total of $0.83 million. Following the sale, the insider now owns 0.28 million shares.

Ichor Holdings Ltd disclosed in a document filed with the SEC on Feb 16 ’24 that BARROS PHILIP RYAN SR. (Chief Technology Officer) sold a total of 7,226 shares of the company’s common stock. The trade occurred on Feb 16 ’24 and was made at $45.39 per share for $0.33 million. Following the transaction, the insider now directly holds 50490.0 shares of the ICHR stock.

Still, SEC filings show that on Feb 16 ’24, Smith Christopher (Chief Commercial Officer) disposed off 23,433 shares at an average price of $45.08 for $1.06 million. The insider now directly holds 70,329 shares of Ichor Holdings Ltd (ICHR).

Related Posts