Ichor Holdings Ltd’s recent filing unveils that its Director ROHRS THOMAS M unloaded Company’s shares for reported $2.27 million on Feb 16 ’24. In the deal valued at $45.37 per share,50,000 shares were sold. As a result of this transaction, ROHRS THOMAS M now holds 43,764 shares worth roughly $1.72 million.
Then, Smith Christopher sold 23,433 shares, generating $1,056,360 in total proceeds. Upon selling the shares at $45.08, the Chief Commercial Officer now owns 70,329 shares.
Before that, BARROS PHILIP RYAN SR. sold 7,226 shares. Ichor Holdings Ltd shares valued at $327,988 were divested by the Chief Technology Officer at a price of $45.39 per share. As a result of the transaction, BARROS PHILIP RYAN SR. now holds 50,490 shares, worth roughly $1.98 million.
Craig Hallum initiated its Ichor Holdings Ltd [ICHR] rating to a Buy in a research note published on April 09, 2024; the price target was $55. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early February has reiterated a ‘”an Outperform”‘ rating for it. Needham also remained covering ICHR and reiterated its “Buy” recommendation on August 25, 2023. TD Cowen maintained its rating on May 10, 2023. It rated ICHR as “an Outperform”.
Price Performance Review of ICHR
On Tuesday, Ichor Holdings Ltd [NASDAQ:ICHR] saw its stock jump 3.18% to $39.29. Over the last five days, the stock has lost -1.31%. Ichor Holdings Ltd shares have risen nearly 16.83% since the year began. Nevertheless, the stocks have risen 33.28% over the past one year. While a 52-week high of $46.43 was reached on 02/16/24, a 52-week low of $22.26 was recorded on 01/09/24. SMA at 50 days reached $40.39, while 200 days put it at $33.82. A total of 0.3 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For ICHR Stock
The 24-hour chart illustrates a support level at 38.10, which if violated will result in even more drops to 36.92. On the upside, there is a resistance level at 39.99. A further resistance level may holdings at 40.70. The Relative Strength Index (RSI) on the 14-day chart is 51.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.48%. Stochastics %K at 47.39% indicates the stock is a holding.
