Insider Selling: Ichor (NASDAQ:ICHR) CEO Sells 13,705 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHRGet Free Report) CEO Philip Ryan Sr. Barros sold 13,705 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $70.19, for a total value of $961,953.95. Following the completion of the sale, the chief executive officer owned 165,078 shares of the company’s stock, valued at approximately $11,586,824.82. This trade represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Price Performance

Ichor stock traded down $8.15 during mid-day trading on Friday, reaching $62.91. 805,710 shares of the company were exchanged, compared to its average volume of 998,603. The firm has a market cap of $2.19 billion, a PE ratio of -42.51 and a beta of 1.87. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The company has a fifty day simple moving average of $63.81 and a 200-day simple moving average of $42.22. Ichor Holdings, Ltd. has a 12 month low of $13.12 and a 12 month high of $78.00.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ICHR shares. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. Oppenheimer boosted their price objective on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. B. Riley Financial restated a “buy” rating on shares of Ichor in a research note on Monday, April 20th. Needham & Company LLC lifted their price target on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Wall Street Zen raised Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ichor currently has an average rating of “Moderate Buy” and a consensus price target of $64.57.

Check Out Our Latest Stock Analysis on ICHR

Institutional Trading of Ichor

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada grew its position in shares of Ichor by 27.7% in the 1st quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock valued at $224,000 after buying an additional 2,146 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in 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 buying an additional 865 shares during the period. Jane Street Group LLC raised its position in shares of Ichor by 286.0% in the 1st quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock worth $1,205,000 after acquiring an additional 39,476 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in Ichor by 75.9% during the second quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company’s stock worth $473,000 after purchasing an additional 10,400 shares during the period. Finally, Federated Hermes Inc. lifted its stake in 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 buying an additional 76,257 shares during the period. Institutional investors own 94.81% of the company’s stock.

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.

Further Reading

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

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