Ichor (NASDAQ:ICHR) CFO Greg Swyt Sells 6,820 Shares

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 6,820 shares of Ichor stock in a transaction on Monday, June 8th. The shares were sold at an average price of $66.81, for a total value of $455,644.20. Following the completion of the sale, the chief financial officer directly owned 53,070 shares of the company’s stock, valued at $3,545,606.70. The trade was a 11.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Greg Swyt also recently made the following trade(s):

• On Thursday, May 28th, Greg Swyt sold 19,662 shares of Ichor stock. The shares were sold at an average price of $70.42, for a total value of $1,384,598.04.

Ichor Trading Up 7.3%

ICHR traded up $4.85 during mid-day trading on Tuesday, hitting $71.60. 1,181,527 shares of the stock were exchanged, compared to its average volume of 997,557. The firm’s fifty day moving average is $64.47 and its two-hundred day moving average is $42.93. Ichor Holdings, Ltd. has a 1-year low of $13.12 and a 1-year high of $78.00. The company has a market cap of $2.50 billion, a PE ratio of -48.38 and a beta of 1.87. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last released its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The company had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ichor

Institutional investors and hedge funds have recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC acquired a new position in shares of Ichor during the fourth quarter worth about $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Ichor during the second quarter worth about $27,000. Hantz Financial Services Inc. grew its position in shares of Ichor by 64.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after buying an additional 590 shares in the last quarter. Danske Bank A S acquired a new position in shares of Ichor during the third quarter worth about $28,000. Finally, AdvisorNet Financial Inc acquired a new position in shares of Ichor during the first quarter worth about $37,000. 94.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ICHR shares. Stifel Nicolaus set a $76.00 target price on shares of Ichor in a report on Friday, May 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Needham & Company LLC increased their target price on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. TD Cowen increased their target price on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, B. Riley Financial reiterated a “buy” rating on shares of Ichor in a report on Monday, April 20th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ichor has a consensus rating of “Moderate Buy” and an average target price of $64.57.

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.