Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $89.38, but opened at $97.40. Ichor shares last traded at $91.0350, with a volume of 99,635 shares traded.
Analyst Ratings Changes
A number of research analysts have commented on ICHR shares. B. Riley Financial lifted their price objective on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. TD Cowen boosted their price target on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Stifel Nicolaus set a $76.00 price objective on Ichor in a research note on Friday, May 1st. Finally, Oppenheimer increased their price objective on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. Six equities research 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. Based on data from MarketBeat, Ichor presently has a consensus rating of “Moderate Buy” and an average price target of $71.71.
Read Our Latest Stock Analysis on ICHR
Ichor Price Performance
Ichor (NASDAQ:ICHR – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. The business had revenue of $256.07 million for the quarter, compared to analyst estimates of $251.32 million. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities research analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.
Insider Buying and Selling
In other news, Director Laura A. Black sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the completion of the sale, the director directly owned 20,462 shares of the company’s stock, valued at $1,535,059.24. This trade represents a 49.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Greg Swyt sold 6,820 shares of Ichor stock in a transaction that occurred 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 completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 79,447 shares of company stock worth $5,678,621 in the last three months. Company insiders own 1.70% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. AdvisorNet Financial Inc acquired a new stake in Ichor in the first quarter valued at $37,000. KBC Group NV acquired a new position in shares of Ichor during the 1st quarter worth $44,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Ichor during the 2nd quarter worth $27,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Ichor in the 4th quarter valued at about $26,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Ichor by 64.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after purchasing an additional 590 shares during the period. 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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