Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as $101.63 and last traded at $99.6310, with a volume of 8400 shares changing hands. The stock had previously closed at $98.61.
Analyst Ratings Changes
A number of research analysts have recently issued reports on ICHR shares. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a research report on Friday, May 1st. Oppenheimer increased their target price 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. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research note on Friday, March 27th. Needham & Company LLC lifted 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. Finally, B. Riley Financial upped their price target on Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Ichor currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.71.
Check Out Our Latest Research Report on Ichor
Ichor Price Performance
Ichor (NASDAQ:ICHR – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The business had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. During the same quarter in the previous year, the business earned $0.12 EPS. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities analysts predict that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.
Insider Transactions at Ichor
In other Ichor news, Director Laura A. Black sold 20,000 shares of Ichor stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the completion of the sale, the director directly owned 20,462 shares in the company, valued at approximately $1,535,059.24. The trade was a 49.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Marc Haugen sold 5,337 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $75.63, for a total transaction of $403,637.31. Following the completion of the sale, the director directly owned 10,825 shares in the company, valued at $818,694.75. This trade represents a 33.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 79,447 shares of company stock valued at $5,678,621 over the last quarter. Company insiders own 1.70% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in ICHR. Lombard Odier Asset Management Europe Ltd acquired a new position in Ichor during the first quarter valued at $2,684,000. Amundi acquired a new stake in Ichor during the 1st quarter worth about $217,000. California State Teachers Retirement System grew its position in Ichor by 31.1% during the 1st quarter. California State Teachers Retirement System now owns 40,806 shares of the technology company’s stock worth $1,902,000 after purchasing an additional 9,677 shares during the period. Maverick Capital Ltd. purchased a new position in shares of Ichor during the 1st quarter valued at about $1,138,000. Finally, Gabelli Funds LLC purchased a new position in shares of Ichor during the 1st quarter valued at about $979,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.
About Ichor
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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