Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) dropped 6.6% during mid-day trading on Thursday . The company traded as low as $66.74 and last traded at $68.8370. Approximately 115,404 shares traded hands during trading, a decline of 88% from the average daily volume of 975,241 shares. The stock had previously closed at $73.74.
Analysts Set New Price Targets
ICHR has been the subject of a number of recent analyst reports. DA Davidson raised their price target on shares of Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Wall Street Zen upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. Oppenheimer raised their price target on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Finally, Needham & Company LLC raised their price target on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $64.57.
Check Out Our Latest Stock Report on ICHR
Ichor Trading Down 3.5%
Ichor (NASDAQ:ICHR – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. The business had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, research analysts expect that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.
Insider Buying and Selling at Ichor
In other news, Director Marc Haugen sold 9,923 shares of Ichor stock in a transaction on Friday, May 8th. The shares were sold at an average price of $72.11, for a total transaction of $715,547.53. Following the completion of the sale, the director directly owned 16,162 shares of the company’s stock, valued at approximately $1,165,441.82. The trade was a 38.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jorge Titinger sold 4,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total value of $256,840.00. Following the completion of the sale, the director owned 12,318 shares in the company, valued at approximately $790,938.78. This represents a 24.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 19,260 shares of company stock valued at $1,376,025. Insiders own 1.70% of the company’s stock.
Institutional Trading of Ichor
Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC raised its stake in Ichor by 295.5% during the 4th quarter. SG Americas Securities LLC now owns 26,073 shares of the technology company’s stock worth $481,000 after acquiring an additional 19,481 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Ichor in the fourth quarter valued at $607,000. Quantbot Technologies LP lifted its position in Ichor by 229.7% in the third quarter. Quantbot Technologies LP now owns 107,999 shares of the technology company’s stock valued at $1,892,000 after acquiring an additional 75,240 shares during the last quarter. Cambiar Investors LLC purchased a new stake in Ichor in the fourth quarter valued at $1,595,000. Finally, Farther Finance Advisors LLC lifted its position in Ichor by 1,272.0% in the fourth quarter. Farther Finance Advisors LLC now owns 20,868 shares of the technology company’s stock valued at $385,000 after acquiring an additional 19,347 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors and hedge funds.
Ichor Company Profile
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.
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