Ichor (NASDAQ:ICHR) Shares Gap Down – Time to Sell?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) gapped down prior to trading on Monday . The stock had previously closed at $57.35, but opened at $52.10. Ichor shares last traded at $53.20, with a volume of 118,289 shares changing hands.

Analyst Upgrades and Downgrades

ICHR has been the topic of several research reports. Oppenheimer raised their price objective on shares of Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 4th. Needham & Company LLC upped their target price on shares of Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. TD Cowen reduced their target price on shares of Ichor from $115.00 to $100.00 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. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.00.

Ichor Stock Down 8.0%

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 company has a market capitalization of $1.98 billion, a price-to-earnings ratio of -45.00 and a beta of 1.81. The firm’s 50 day simple moving average is $71.55 and its 200-day simple moving average is $67.92.

Ichor (NASDAQ:ICHR) last released its earnings results on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. The company had revenue of $294.78 million during the quarter, compared to analysts’ expectations of $300.17 million. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The business’s revenue was up 22.7% on a year-over-year basis. During the same quarter last year, the business earned $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, sell-side analysts anticipate that Ichor Holdings, Ltd. will post 1.13 EPS for the current fiscal year.

Insider Activity

In other Ichor news, CEO Philip Barros, Jr. sold 1,314 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $61.88, for a total transaction of $81,310.32. Following the transaction, the chief executive officer owned 161,562 shares in the company, valued at approximately $9,997,456.56. The trade was a 0.81% decrease in their position. The transaction was disclosed in a document filed 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. Also, COO Bruce Ragsdale sold 10,587 shares of the business’s stock in a transaction that occurred 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 transaction, the chief operating officer owned 92,324 shares in the company, valued at $4,794,385.32. The trade was a 10.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 23,902 shares of company stock valued at $1,404,273. Company insiders own 1.70% of the company’s stock.

Institutional Trading of Ichor

Institutional investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC acquired a new position in Ichor during the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Ichor during the 2nd quarter worth $27,000. Hantz Financial Services Inc. grew 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 period. Versant Capital Management Inc grew 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 period. Finally, Danske Bank A S purchased a new position in shares of Ichor in the 3rd quarter valued at about $28,000. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, manufactures and services critical fluid-delivery systems and components used in semiconductor manufacturing equipment. Its products help control and deliver gases and chemicals used in processes such as wafer fabrication, including deposition, etching and cleaning.

The company’s offerings include gas and chemical delivery modules, fluid-management systems, precision-machined components, weldments and related assemblies. Ichor also provides capabilities such as precision machining, welding, electropolishing, cleaning and component testing, allowing it to supply integrated subsystems to semiconductor capital-equipment manufacturers.

Founded in 1999 and headquartered in Fremont, California, Ichor serves a global customer base through engineering and manufacturing operations in North America, Europe and Asia.