Bruce Ragsdale Sells 10,587 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR – Get Free Report) COO Bruce Ragsdale sold 10,587 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $51.93, for a total value of $549,782.91. Following the completion of the sale, the chief operating officer owned 92,324 shares in the company, valued at $4,794,385.32. This trade represents a 10.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Price Performance

Ichor stock opened at $52.63 on Thursday. Ichor Holdings, Ltd. has a 52 week low of $14.06 and a 52 week high of $113.58. The business has a 50-day simple moving average of $77.95 and a 200 day simple moving average of $67.52. The company has a quick ratio of 2.07, a current ratio of 3.70 and a debt-to-equity ratio of 0.13. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -44.98 and a beta of 1.81.

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Ichor (NASDAQ:ICHR – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. The firm had revenue of $294.78 million for the quarter, compared to analysts’ expectations of $300.17 million. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The company’s revenue was up 22.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, research analysts forecast that Ichor Holdings, Ltd. will post 1.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ICHR. Oppenheimer boosted their price target on shares of Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 4th. Needham & Company LLC lifted their price objective on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. TD Cowen cut their target price on shares of Ichor from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Finally, DA Davidson set a $85.00 price target on Ichor in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $87.00.

View Our Latest Stock Report on ICHR

Institutional Investors Weigh In On Ichor

Institutional investors have recently made changes to their positions in the business. Versant Capital Management Inc lifted its stake in shares of Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after acquiring an additional 126 shares during the last quarter. Hantz Financial Services Inc. increased 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 worth $28,000 after buying an additional 590 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Ichor by 5.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock valued at $244,000 after buying an additional 666 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in Ichor during the 1st quarter valued at $37,000. Finally, AQR Capital Management LLC boosted its position in Ichor by 0.6% during the 4th quarter. AQR Capital Management LLC now owns 134,194 shares of the technology company’s stock valued at $2,473,000 after buying an additional 817 shares during the period. Hedge funds and other 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.

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