Insider Selling: Ichor (NASDAQ:ICHR) CFO Sells 2,068 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 2,068 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $58.02, for a total value of $119,985.36. Following the completion of the sale, the chief financial officer owned 47,832 shares of the company’s stock, valued at $2,775,212.64. This trade represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Price Performance

Shares of NASDAQ:ICHR traded up $1.79 during midday trading on Tuesday, reaching $58.17. 649,082 shares of the company’s stock traded hands, compared to its average volume of 599,799. The company has a market cap of $2.18 billion, a P/E ratio of -49.72 and a beta of 1.81. The company has a fifty day simple moving average of $74.29 and a two-hundred day simple moving average of $67.77. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70. 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 quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $294.78 million for the quarter, compared to the consensus estimate of $300.17 million. During the same period last year, the firm posted $0.03 earnings per share. The company’s revenue was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Equities analysts predict that Ichor Holdings, Ltd. will post 1.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on ICHR. Wall Street Zen upgraded Ichor from a “hold” rating to a “buy” rating in a research report on Saturday. B. Riley Financial lowered their target price on shares of Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Stifel Nicolaus increased their target price on shares of Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 10th. DA Davidson set a $85.00 price target on shares of Ichor in a research report on Wednesday, August 5th. Finally, Oppenheimer upped their price objective on shares of Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $87.00.

Institutional Investors Weigh In On Ichor

Hedge funds have recently modified their holdings of the company. Steward Partners Investment Advisory LLC acquired a new stake in Ichor during the fourth quarter worth about $26,000. Newbridge Financial Services Group Inc. acquired a new position in Ichor in the 2nd quarter valued at about $27,000. Hantz Financial Services Inc. boosted its holdings in Ichor by 64.8% in the 4th 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 last quarter. Versant Capital Management Inc grew 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 buying an additional 126 shares during the period. Finally, Danske Bank A S purchased a new stake in shares of Ichor in the 3rd quarter valued at approximately $28,000. 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.