BlackRock Amends Ichor Holdings Stake, Maintains Significant Position
Ticker: ICHR · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1652535
| Field | Detail |
|---|---|
| Company | Ichor Holdings, Ltd. (ICHR) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, semiconductors
TL;DR
**BlackRock still holds a big chunk of Ichor Holdings, signaling institutional confidence.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 22, 2024, indicating its ownership in Ichor Holdings, Ltd. as of December 31, 2023. This amendment, the ninth for BlackRock, Inc. regarding Ichor Holdings, Ltd., shows that BlackRock continues to be a significant institutional holder of the semiconductor equipment company's common stock. This matters to investors because large institutional ownership by firms like BlackRock can signal confidence in the company's long-term prospects and provide a degree of stability to the stock.
Why It Matters
This filing confirms BlackRock's continued substantial investment in Ichor Holdings, Ltd., which can be a positive signal for current and potential shareholders, indicating institutional confidence.
Risk Assessment
Risk Level: low — This filing is a routine update from a major institutional investor and does not indicate any immediate negative or highly volatile changes.
Analyst Insight
An investor should note that BlackRock, a major institutional investor, continues to hold a position in Ichor Holdings, Ltd. This suggests ongoing institutional interest, but the filing itself doesn't provide new information on BlackRock's current buying or selling activity, only its position as of December 31, 2023. Further research into Ichor Holdings' recent performance and BlackRock's overall investment strategy would be prudent.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- ICHOR HOLDINGS, LTD. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A
- Amendment No: 9 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9)'.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY' section.
What is the subject company whose securities are being reported?
The subject company is ICHOR HOLDINGS, LTD., as indicated by 'SUBJECT COMPANY: COMPANY CONFORMED NAME: ICHOR HOLDINGS, LTD.' and '(Name of Issuer) ICHOR HOLDINGS LTD'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified by '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What rule under the Securities Exchange Act of 1934 is this Schedule filed under?
This Schedule is filed under Rule 13d-1(b), as indicated by the checked box '[X] Rule 13d-1(b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding ICHOR HOLDINGS, LTD. (ICHR).