Iain Mackenzie Sells 9,933 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Iain Mackenzie sold 9,933 shares of Ichor stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $65.76, for a total value of $653,194.08. Following the sale, the director owned 122,427 shares of the company’s stock, valued at approximately $8,050,799.52. This represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Stock Up 2.3%

ICHR stock opened at $60.20 on Friday. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. Ichor Holdings, Ltd. has a 1 year low of $14.06 and a 1 year high of $113.58. The company has a fifty day simple moving average of $83.95 and a 200 day simple moving average of $66.19. The firm has a market cap of $2.25 billion, a PE ratio of -51.45 and a beta of 1.82.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The business had revenue of $294.78 million for the quarter, compared to analyst estimates of $300.17 million. During the same period in the previous year, the company posted $0.03 earnings per share. The firm’s revenue for the quarter 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 anticipate that Ichor Holdings, Ltd. will post 1.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Ichor

A number of hedge funds and other institutional investors have recently made changes to their positions in ICHR. Steward Partners Investment Advisory LLC acquired a new stake in shares of Ichor in the 4th quarter valued at about $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Ichor during the 2nd quarter worth approximately $27,000. Hantz Financial Services Inc. lifted 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 acquiring an additional 590 shares during the last quarter. Versant Capital Management Inc lifted its stake in 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 purchasing an additional 126 shares during the last quarter. Finally, Danske Bank A S bought a new position in shares of Ichor during the 3rd quarter worth approximately $28,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ICHR has been the subject of several research reports. Zacks Research raised Ichor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. B. Riley Financial dropped their price target on Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. DA Davidson set a $85.00 target price on shares of Ichor in a research note on Wednesday, August 5th. Needham & Company LLC upped their price target on Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, Stifel Nicolaus raised their price objective on shares of Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.00.

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.