Philip Ryan Sr. Barros Sells 13,705 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHRGet Free Report) CEO Philip Ryan Sr. Barros sold 13,705 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $70.19, for a total transaction of $961,953.95. Following the completion of the transaction, the chief executive officer owned 165,078 shares in the company, valued at approximately $11,586,824.82. This trade represents a 7.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Price Performance

Shares of NASDAQ:ICHR traded down $8.15 during trading on Friday, reaching $62.91. The stock had a trading volume of 805,710 shares, compared to its average volume of 998,603. The stock has a market capitalization of $2.19 billion, a PE ratio of -42.51 and a beta of 1.87. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. Ichor Holdings, Ltd. has a 52 week low of $13.12 and a 52 week high of $78.00. The business’s 50-day moving average price is $63.81 and its 200 day moving average price is $42.22.

Ichor (NASDAQ:ICHRGet Free Report) last released its quarterly 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 return on equity of 1.10% and a negative net margin of 5.28%.The business had revenue of $256.07 million for the quarter, compared to analyst estimates of $251.32 million. During the same period in the prior year, the company earned $0.12 EPS. Ichor’s revenue for the quarter was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities analysts predict that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ICHR shares. B. Riley Financial reaffirmed a “buy” rating on shares of Ichor in a report on Monday, April 20th. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a research report on Friday, May 1st. Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research note on Sunday, February 15th. Needham & Company LLC increased their price target on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, TD Cowen raised their price target on shares of Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $64.57.

View Our Latest Stock Analysis on ICHR

Hedge Funds Weigh In On Ichor

Several institutional investors have recently modified their holdings of ICHR. Linden Thomas Advisory Services LLC boosted its position in Ichor by 0.8% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock worth $934,000 after purchasing an additional 398 shares during the period. Hantz Financial Services Inc. lifted 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 buying an additional 590 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Ichor by 5.7% during the second quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after acquiring an additional 666 shares during the period. AdvisorNet Financial Inc bought a new stake in Ichor in the 1st quarter valued at $37,000. Finally, AQR Capital Management LLC boosted its position in shares of Ichor by 0.6% in the fourth quarter. AQR Capital Management LLC now owns 134,194 shares of the technology company’s stock valued at $2,473,000 after acquiring an additional 817 shares during the period. Institutional investors own 94.81% of the company’s stock.

About Ichor

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Ichor (NASDAQ:ICHR)

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