Insider Selling: Ichor (NASDAQ:ICHR) CEO Sells $81,310.32 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CEO Philip Ryan Sr. Barros sold 1,314 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $61.88, for a total value of $81,310.32. Following the sale, the chief executive officer directly owned 161,562 shares in the company, valued at $9,997,456.56. This trade represents a 0.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Philip Ryan Sr. Barros also recently made the following trade(s):

• On Thursday, June 4th, Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock. The shares were sold at an average price of $70.19, for a total value of $961,953.95.

Ichor Stock Performance

Shares of NASDAQ:ICHR traded down $2.34 on Thursday, hitting $58.87. 740,206 shares of the company were exchanged, compared to its average volume of 1,039,538. The stock’s 50 day moving average price is $84.98 and its 200 day moving average price is $66.03. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $2.20 billion, a P/E ratio of -50.32 and a beta of 1.82. Ichor Holdings, Ltd. has a 1-year low of $14.06 and a 1-year high of $113.58.

Ichor (NASDAQ:ICHR) last posted its earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The company had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. During the same period in the previous year, the firm posted $0.03 earnings per share. The firm’s quarterly revenue was up 22.7% on a year-over-year basis. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Sell-side analysts predict that Ichor Holdings, Ltd. will post 1.13 EPS for the current year.

Analysts Set New Price Targets

ICHR has been the topic of a number of research analyst reports. DA Davidson set a $85.00 price target on Ichor in a research note on Wednesday, August 5th. Stifel Nicolaus raised their target price on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. TD Cowen cut their price objective 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. B. Riley Financial reduced their price objective on shares of Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Finally, Needham & Company LLC boosted their price objective on Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

Institutional Investors Weigh In On Ichor

A number of hedge funds have recently added to or reduced their stakes in ICHR. Steward Partners Investment Advisory LLC purchased a new stake in shares of Ichor during the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Ichor in the second quarter valued at $27,000. Hantz Financial Services Inc. boosted its stake in shares of Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after purchasing an additional 590 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of Ichor by 100.0% during the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after purchasing an additional 126 shares during the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Ichor during the third quarter worth about $28,000. Institutional investors and hedge funds 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.