Insider Selling: Ichor (NASDAQ:ICHR) Director Sells 20,000 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Laura Black sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total value of $1,500,400.00. Following the transaction, the director owned 20,462 shares of the company’s stock, valued at $1,535,059.24. This trade represents a 49.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Ichor Trading Up 7.0%

ICHR stock traded up $4.88 during mid-day trading on Tuesday, reaching $74.89. The company had a trading volume of 1,019,448 shares, compared to its average volume of 1,151,862. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The company has a market capitalization of $2.61 billion, a PE ratio of -50.20 and a beta of 1.87. The firm has a 50 day moving average of $62.38 and a 200 day moving average of $41.00. Ichor Holdings, Ltd. has a 12 month low of $13.12 and a 12 month high of $78.00.

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ICHR shares. DA Davidson raised their price target on shares of Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. B. Riley Financial reaffirmed a “buy” rating on shares of Ichor in a report on Monday, April 20th. Needham & Company LLC raised their price target 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 raised their price target 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, Stifel Nicolaus set a $76.00 price target on shares of Ichor in a report on Friday, May 1st. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Ichor has an average rating of “Moderate Buy” and a consensus target price of $64.57.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Invesco Ltd. grew its position in Ichor by 141.2% during the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after buying an additional 1,770,425 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its position in Ichor by 497.2% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock valued at $29,753,000 after buying an additional 1,413,870 shares during the period. Millennium Management LLC grew its position in Ichor by 1,710.7% during the third quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after buying an additional 807,792 shares during the period. Royce & Associates LP grew its position in Ichor by 48.5% during the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after buying an additional 473,440 shares during the period. Finally, J. Goldman & Co LP acquired a new stake in Ichor during the fourth quarter valued at $6,663,000. 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.