Greg Swyt Sells 6,820 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) CFO Greg Swyt sold 6,820 shares of Ichor stock in a transaction on Monday, June 8th. The shares were sold at an average price of $66.81, for a total value of $455,644.20. Following the transaction, the chief financial officer owned 53,070 shares in the company, valued at approximately $3,545,606.70. This trade represents a 11.39% 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.

Greg Swyt also recently made the following trade(s):

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• On Thursday, May 28th, Greg Swyt sold 19,662 shares of Ichor stock. The stock was sold at an average price of $70.42, for a total value of $1,384,598.04.

Ichor Trading Up 0.8%

NASDAQ:ICHR opened at $72.17 on Thursday. 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 Holdings, Ltd. has a 1-year low of $13.12 and a 1-year high of $80.74. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of -48.76 and a beta of 1.87. The stock has a fifty day simple moving average of $65.60 and a 200 day simple moving average of $43.73.

Ichor (NASDAQ:ICHR – Get Free Report) last released its quarterly 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 business had revenue of $256.07 million during the quarter, compared to analyst estimates of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the company posted $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Sell-side analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.

Hedge Funds Weigh In On Ichor

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Ichor by 4.7% in the fourth quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock worth $61,444,000 after acquiring an additional 148,993 shares during the last quarter. Invesco Ltd. increased its stake in shares of Ichor by 141.2% in the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after acquiring an additional 1,770,425 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Ichor by 15.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock worth $36,080,000 after acquiring an additional 259,417 shares during the last quarter. Royce & Associates LP increased its stake in shares of Ichor by 48.5% in the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after acquiring an additional 473,440 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Ichor by 0.9% in the fourth quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock worth $23,690,000 after acquiring an additional 11,645 shares during the last quarter. 94.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ICHR has been the subject of a number of research analyst reports. B. Riley Financial restated a “buy” rating on shares of Ichor in a report on Monday, April 20th. Wall Street Zen upgraded Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. TD Cowen increased their target price on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Oppenheimer increased their target price on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.57.

Check Out Our Latest Stock Analysis on ICHR

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.

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