Lombard Odier Asset Management Europe Ltd Acquires New Holdings in Ichor Holdings, Ltd. $ICHR

Lombard Odier Asset Management Europe Ltd acquired a new position in Ichor Holdings, Ltd. (NASDAQ:ICHRFree Report) in the first quarter, Holdings Channel reports. The fund acquired 57,584 shares of the technology company’s stock, valued at approximately $2,684,000.

A number of other hedge funds also recently bought and sold shares of ICHR. Royal Bank of Canada increased its holdings 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 acquiring an additional 2,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Ichor by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after purchasing an additional 865 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Ichor by 286.0% during the 1st quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock worth $1,205,000 after purchasing an additional 39,476 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in shares of Ichor by 75.9% during the 2nd 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 last quarter. Finally, Federated Hermes Inc. boosted its position in Ichor by 243.1% during 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 in the last quarter. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Wall Street Analysts Forecast Growth

ICHR has been the subject of a number of recent research reports. Stifel Nicolaus boosted their target price on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Oppenheimer raised their price target on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. B. Riley Financial lifted their price objective on shares of Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Zacks Research lowered shares of Ichor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, Needham & Company LLC boosted their price objective on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $82.29.

Get Our Latest Report on Ichor

Ichor Stock Down 7.9%

Shares of ICHR stock opened at $86.55 on Friday. The stock’s fifty day moving average price is $84.93 and its 200 day moving average price is $60.55. Ichor Holdings, Ltd. has a 1-year low of $13.12 and a 1-year high of $113.58. The company has a market cap of $3.02 billion, a price-to-earnings ratio of -58.48 and a beta of 1.78. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21.

Ichor (NASDAQ:ICHRGet Free Report) last released its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. The company had revenue of $256.07 million during the quarter, compared to analysts’ expectations of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The firm’s revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business posted $0.12 earnings per share. 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 earnings per share for the current fiscal year.

Insider Transactions at Ichor

In related news, CFO Greg Swyt sold 19,662 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $70.42, for a total value of $1,384,598.04. Following the completion of the transaction, the chief financial officer directly owned 60,971 shares of the company’s stock, valued at $4,293,577.82. This trade represents a 24.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 9,923 shares of Ichor stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53. Following the completion of the sale, the director owned 16,162 shares of the company’s stock, valued at $1,165,441.82. This trade represents a 38.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 79,447 shares of company stock worth $5,678,621 over the last ninety days. 1.70% of the stock is currently owned by insiders.

Ichor Profile

(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.

See Also

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Institutional Ownership by Quarter for Ichor (NASDAQ:ICHR)

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