Sei Investments Co. Buys 43,320 Shares of Ichor Holdings, Ltd. $ICHR

Sei Investments Co. increased its stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 61.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 113,531 shares of the technology company’s stock after purchasing an additional 43,320 shares during the quarter. Sei Investments Co.’s holdings in Ichor were worth $5,292,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. State of Wyoming grew its holdings in Ichor by 100.4% during the first quarter. State of Wyoming now owns 6,482 shares of the technology company’s stock valued at $302,000 after purchasing an additional 3,248 shares during the period. Cetera Investment Advisers bought a new stake in shares of Ichor in the first quarter valued at $227,000. PNC Financial Services Group Inc. raised its stake in shares of Ichor by 34.5% in the first quarter. PNC Financial Services Group Inc. now owns 3,385 shares of the technology company’s stock valued at $158,000 after buying an additional 868 shares during the period. KBC Group NV purchased a new position in shares of Ichor during the 1st quarter valued at $44,000. Finally, Illinois Municipal Retirement Fund lifted its position in shares of Ichor by 10.1% during the 1st quarter. Illinois Municipal Retirement Fund now owns 18,627 shares of the technology company’s stock valued at $868,000 after buying an additional 1,707 shares during the last quarter. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Ichor News Summary

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Adjusted earnings exceeded expectations. Ichor reported second-quarter adjusted EPS of $0.34, above the $0.31 consensus and up from $0.03 a year earlier. Revenue rose approximately 23% year over year to $294.8 million, while margin improvement helped offset the sales miss. ICHR Q2 Earnings Beat Estimates on Margin Gains, Revenues Rise Y/Y
• Positive Sentiment: Third-quarter guidance was above analyst expectations. Ichor forecast revenue of $315 million to $345 million and EPS of $0.40 to $0.50, compared with consensus estimates of $313.8 million and $0.39, respectively. Management expects second-half volumes to be at least 25% higher than the first half as semiconductor-equipment demand improves and supply constraints ease. Ichor Q3 Guidance
• Positive Sentiment: Several analysts remain constructive. Needham raised its price target to $88 and maintained a “buy” rating, while B. Riley retained its “buy” rating despite reducing its target to $105. The revisions reflect expectations for stronger growth, margin gains and increased customer content in 2027.
• Neutral Sentiment: Oppenheimer raised its target but kept a cautious view, increasing it to $80 from $60 while maintaining a “market perform” rating.
• Negative Sentiment: The quarter’s revenue miss weighed on sentiment. Revenue of $294.8 million fell short of the approximately $300.2 million consensus estimate. The company also continues to report negative GAAP profitability metrics, including a negative net margin, leaving investors focused on whether the expected second-half ramp can deliver sustained earnings improvement.

Ichor Price Performance

Shares of NASDAQ ICHR opened at $71.27 on Wednesday. The stock has a market cap of $2.49 billion, a PE ratio of -48.16 and a beta of 1.82. Ichor Holdings, Ltd. has a fifty-two week low of $13.12 and a fifty-two week high of $113.58. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The stock has a fifty day moving average of $85.68 and a 200-day moving average of $63.21.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $300.17 million. Ichor had a positive return on equity of 0.50% and a negative net margin of 3.97%.The firm’s quarterly revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Equities research analysts anticipate that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.

Insider Buying and Selling at Ichor

In other news, Director Jorge Titinger sold 4,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $64.21, for a total transaction of $256,840.00. Following the sale, the director directly owned 12,318 shares in the company, valued at $790,938.78. This represents a 24.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Greg Swyt sold 19,662 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the completion of the sale, the chief financial officer directly owned 60,971 shares in the company, valued at approximately $4,293,577.82. The trade was a 24.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 79,447 shares of company stock worth $5,678,621. 1.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ICHR has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. B. Riley Financial dropped their price objective on shares of Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday. Needham & Company LLC increased their target price on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday. Oppenheimer upped their price target on shares of Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a research note on Tuesday. Finally, Zacks Research cut shares of Ichor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Ichor presently has an average rating of “Moderate Buy” and a consensus target price of $82.43.

Ichor 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.