Ichor (NASDAQ:ICHR) CFO Greg Swyt Sells 19,662 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 19,662 shares of Ichor stock in a transaction that occurred on 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 owned 60,971 shares of the company’s stock, valued at $4,293,577.82. This represents a 24.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Stock Performance

Shares of ICHR stock opened at $71.52 on Friday. The company has a 50 day moving average price of $62.00 and a 200-day moving average price of $40.44. Ichor Holdings, Ltd. has a 52 week low of $13.12 and a 52 week high of $78.00. The firm has a market capitalization of $2.49 billion, a PE ratio of -48.32 and a beta of 1.87. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ICHR. TD Cowen boosted their target price on shares of Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. B. Riley Financial reiterated a “buy” rating on shares of Ichor in a research report on Monday, April 20th. DA Davidson upped their price target on shares of Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Stifel Nicolaus set a $76.00 price target on shares of Ichor in a research report on Friday, May 1st. Finally, 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. Six research 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’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.57.

Hedge Funds Weigh In On Ichor

A number of hedge funds have recently modified their holdings of ICHR. Steward Partners Investment Advisory LLC bought a new position in shares of Ichor in the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new position in shares of Ichor during the second quarter worth $27,000. Hantz Financial Services Inc. boosted its position in shares of Ichor by 64.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after acquiring an additional 590 shares during the last quarter. Danske Bank A S bought a new position in shares of Ichor during the third quarter worth $28,000. Finally, AdvisorNet Financial Inc bought a new position in shares of Ichor during the first quarter worth $37,000. 94.81% of the stock is currently owned by institutional investors.

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.