Renaissance Technologies LLC Has $736,000 Stock Position in Ichor Holdings, Ltd. $ICHR

Renaissance Technologies LLC lessened its holdings in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 92.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,800 shares of the technology company’s stock after selling 194,200 shares during the quarter. Renaissance Technologies LLC’s holdings in Ichor were worth $736,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Steward Partners Investment Advisory LLC acquired a new stake in Ichor in the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. bought a new stake in Ichor in the 2nd quarter valued at about $27,000. Hantz Financial Services Inc. grew its position 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 purchasing an additional 590 shares in the last quarter. Danske Bank A S acquired a new position in shares of Ichor during the 3rd quarter worth approximately $28,000. Finally, AdvisorNet Financial Inc acquired a new position in shares of Ichor during the 1st quarter worth approximately $37,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ichor Price Performance

ICHR stock opened at $71.05 on Friday. The company’s 50-day moving average price is $85.21 and its two-hundred day moving average price is $65.05. The firm has a market cap of $2.66 billion, a P/E ratio of -60.73 and a beta of 1.82. The company has a quick ratio of 2.07, a current ratio of 3.70 and a debt-to-equity ratio of 0.13. Ichor Holdings, Ltd. has a 12 month low of $14.06 and a 12 month high of $113.58.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. 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. On average, analysts anticipate that Ichor Holdings, Ltd. will post 1.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. B. Riley Financial dropped their price target on shares of Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. Oppenheimer raised their price objective on Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 4th. Zacks Research cut Ichor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Finally, Needham & Company LLC upped their target price on Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Insiders Place Their Bets

In other news, CEO Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total value of $961,953.95. Following 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the sale, the director owned 20,462 shares of the company’s stock, valued at approximately $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 64,187 shares of company stock valued at $4,559,436 over the last ninety days. Company insiders own 1.70% of the company’s stock.

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.