Ichor (NASDAQ:ICHR) Director Sells $715,547.53 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Marc Haugen sold 9,923 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were 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 in the company, valued at $1,165,441.82. The trade was a 38.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Marc Haugen also recently made the following trade(s):

• On Monday, February 23rd, Marc Haugen sold 19,875 shares of Ichor stock. The shares were sold at an average price of $49.71, for a total transaction of $987,986.25.

Ichor Price Performance

Shares of ICHR opened at $74.42 on Monday. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $75.35. The firm’s fifty day simple moving average is $53.74 and its 200-day simple moving average is $34.92. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of -50.28 and a beta of 1.87. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings data 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. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The business had revenue of $256.07 million for the quarter, compared to analyst estimates of $251.32 million. During the same period last year, the business earned $0.12 EPS. The company’s revenue was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities analysts forecast that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ICHR has been the topic of a number of analyst reports. TD Cowen raised their price objective on shares of Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Stifel Nicolaus set a $76.00 price target on shares of Ichor in a research note on Friday, May 1st. Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. B. Riley Financial restated a “buy” rating on shares of Ichor in a research note on Monday, April 20th. Finally, Weiss Ratings reaffirmed 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 assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $64.57.

Hedge Funds Weigh In On Ichor

Hedge funds have recently made changes to their positions in the company. AdvisorNet Financial Inc purchased a new position in shares of Ichor during the first quarter worth about $37,000. KBC Group NV purchased a new position in shares of Ichor during the first quarter worth about $44,000. Newbridge Financial Services Group Inc. acquired a new position in Ichor in the second quarter valued at $27,000. Steward Partners Investment Advisory LLC acquired a new position in Ichor in the fourth quarter valued at $26,000. Finally, Hantz Financial Services Inc. increased its stake in 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.

Ichor Company Profile

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.