Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ichor Holdings Ltd shares valued at $96,120 were purchased by Titinger Jorge on Feb 07 ’25. At $32.04 per share, Titinger Jorge acquired 3,000 shares.
Also, Titinger Jorge sold 3,000 shares, netting a total of over 96,120 in proceeds. Following the sale of shares at $32.04 each, the insider now holds 9,832 shares.
Before that, BARROS PHILIP RYAN SR. had sold 15,539 shares from its account. In a trade valued at $547,284, the Chief Technology Officer traded Ichor Holdings Ltd shares for $35.22 each. Upon closing the transaction, the insider’s holdings decreased to 15,539 shares, worth approximately $1.49 million.
As published in a research note from TD Cowen on January 17, 2025, Ichor Holdings Ltd [ICHR] has been retained to a Buy and the price target has been revised to $38. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid January. As of November 05, 2024, TD Cowen has reiterated its “Buy” rating for ICHR. Earlier on September 26, 2024, DA Davidson initiated its rating. Their recommendation was “a Buy” for ICHR stock.
Analyzing ICHR Stock Performance
During the last five days, there has been a drop of approximately -0.85%. Over the course of the year, Ichor Holdings Ltd shares have dropped approximately -0.68%. Shares of the company reached a 52-week high of $34.54 on 01/06/25 and a 52-week low of $25.95 on 01/27/25. A 50-day SMA is recorded $31.43, while a 200-day SMA reached $32.92. Nevertheless, trading volume fell to 0.51 million shares from 0.33 million shares the previous day.
Support And Resistance Levels for Ichor Holdings Ltd (ICHR)
According to the 24-hour chart, there is a support level at 31.21, which, if violated, would cause prices to drop to 30.43. In the upper region, resistance lies at 32.74. The next price resistance is at 33.49. RSI (Relative Strength Index) is 55.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.18, which suggests the price will increase in the coming days. Percent R is at 27.37%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
