Ichor Holdings, Ltd. $ICHR Shares Sold by Heartland Advisors Inc.

Heartland Advisors Inc. cut its holdings in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 33.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 200,000 shares of the technology company’s stock after selling 100,000 shares during the period. Heartland Advisors Inc.’s holdings in Ichor were worth $9,322,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ICHR. AdvisorNet Financial Inc purchased a new stake in shares of Ichor in the first quarter valued at approximately $37,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Ichor during the 2nd quarter valued at approximately $27,000. Steward Partners Investment Advisory LLC acquired a new stake in Ichor in the 4th quarter valued at $26,000. Hantz Financial Services Inc. grew its stake in Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after acquiring an additional 590 shares during the period. Finally, Danske Bank A S purchased a new stake in Ichor in the 3rd quarter worth $28,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Ichor Stock Performance

NASDAQ:ICHR opened at $82.87 on Friday. The company has a market cap of $2.89 billion, a P/E ratio of -55.99 and a beta of 1.78. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $113.58. The company’s 50-day moving average price is $83.27 and its 200-day moving average price is $58.03. 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 quarterly earnings data on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, beating 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 company had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. During the same quarter in the prior year, the firm earned $0.12 EPS. Ichor’s quarterly revenue was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, sell-side analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Insider Transactions at Ichor

In related news, CFO Greg Swyt sold 6,820 shares of Ichor stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $66.81, for a total transaction of $455,644.20. Following the transaction, the chief financial officer owned 53,070 shares in the company, valued at approximately $3,545,606.70. This trade represents a 11.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jorge Titinger sold 4,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $64.21, for a total value of $256,840.00. Following the transaction, the director directly owned 12,318 shares in the company, valued at $790,938.78. This trade represents a 24.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 79,447 shares of company stock valued at $5,678,621. 1.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. TD Cowen lifted their target price on shares of Ichor from $80.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Oppenheimer upped their price target on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. B. Riley Financial boosted their price objective on Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, Needham & Company LLC increased their target price on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $82.29.

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.