Insider Selling: Ichor (NASDAQ:ICHR) CFO Sells 19,662 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHRGet Free Report) CFO Greg Swyt sold 19,662 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the transaction, the chief financial officer owned 60,971 shares in the company, valued at approximately $4,293,577.82. This trade represents a 24.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Stock Up 2.0%

Ichor stock traded up $1.37 during midday trading on Friday, hitting $71.52. 1,208,317 shares of the stock were exchanged, compared to its average volume of 986,144. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $78.00. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of -48.32 and a beta of 1.87. The business’s 50-day moving average price is $61.51 and its 200-day moving average price is $40.22. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHRGet Free Report) last released its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.02. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The business had revenue of $256.07 million for the quarter, compared to analysts’ expectations of $251.32 million. During the same period in the previous year, the company earned $0.12 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, research analysts expect that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ICHR. Royal Bank of Canada raised its position in shares of Ichor by 27.7% in the first quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock valued at $224,000 after purchasing an additional 2,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ichor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock valued at $444,000 after purchasing an additional 865 shares during the period. Jane Street Group LLC raised its position in shares of Ichor by 286.0% in the first quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock valued at $1,205,000 after purchasing an additional 39,476 shares during the period. Gamco Investors INC. ET AL raised its position in shares of Ichor by 75.9% in the second quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company’s stock valued at $473,000 after purchasing an additional 10,400 shares during the period. Finally, Federated Hermes Inc. raised its position in shares of Ichor by 243.1% in the second quarter. Federated Hermes Inc. now owns 107,629 shares of the technology company’s stock valued at $2,114,000 after purchasing an additional 76,257 shares during the period. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ICHR shares. B. Riley Financial restated a “buy” rating on shares of Ichor in a report on Monday, April 20th. DA Davidson boosted their target price on shares of Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Friday, March 27th. Oppenheimer boosted their target price on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. Finally, Needham & Company LLC boosted their target price on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $64.57.

Get Our Latest Research Report on Ichor

Ichor Company Profile

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Ichor (NASDAQ:ICHR)

Receive News & Ratings for Ichor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ichor and related companies with MarketBeat.com's FREE daily email newsletter.