Insider Selling: Ichor (NASDAQ:ICHR) Director Sells $1,013,200.00 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Iain MacKenzie sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $50.66, for a total transaction of $1,013,200.00. Following the completion of the sale, the director directly owned 102,427 shares of the company’s stock, valued at $5,188,951.82. This represents a 16.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Iain Mackenzie also recently made the following trade(s):

• On Tuesday, August 18th, Iain MacKenzie sold 9,933 shares of Ichor stock. The stock was sold at an average price of $65.76, for a total transaction of $653,194.08.

Ichor Stock Performance

NASDAQ:ICHR opened at $54.80 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of -46.84 and a beta of 1.81. The company’s 50-day moving average is $67.46 and its two-hundred day moving average is $67.87. Ichor Holdings, Ltd. has a 1-year low of $14.06 and a 1-year high of $113.58.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $294.78 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the firm earned $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Analysts forecast that Ichor Holdings, Ltd. will post 1.13 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. TD Cowen reduced their target price on Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Needham & Company LLC raised their price objective on Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Oppenheimer boosted their price objective on shares of Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a report on Tuesday, August 4th. Zacks Research raised shares of Ichor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen lowered shares of Ichor from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ICHR. Royce & Associates LP grew its position in Ichor by 48.5% in the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after acquiring an additional 473,440 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Ichor by 54.3% in the second quarter. Wellington Management Group LLP now owns 1,108,844 shares of the technology company’s stock valued at $124,501,000 after purchasing an additional 390,017 shares during the period. Kennedy Capital Management LLC grew its holdings in shares of Ichor by 20.9% in the fourth quarter. Kennedy Capital Management LLC now owns 892,524 shares of the technology company’s stock valued at $16,449,000 after purchasing an additional 154,404 shares in the last quarter. 1492 Capital Management LLC purchased a new stake in Ichor during the 1st quarter worth approximately $2,919,000. Finally, Hsbc Holdings PLC purchased a new stake in Ichor during the 4th quarter worth approximately $1,101,000. 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.