Ichor Holdings, Ltd. $ICHR Shares Sold by Meros Investment Management LP

Meros Investment Management LP lessened its holdings in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 65.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 75,807 shares of the technology company’s stock after selling 141,288 shares during the period. Meros Investment Management LP’s holdings in Ichor were worth $1,397,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the business. Linden Thomas Advisory Services LLC boosted its holdings in Ichor by 0.8% in 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. boosted its holdings in Ichor by 64.8% in the fourth 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 during the period. The Manufacturers Life Insurance Company boosted its holdings in Ichor by 5.7% in the second quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after purchasing an additional 666 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ichor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after purchasing an additional 865 shares during the period. Finally, Natixis Advisors LLC boosted its holdings in shares of Ichor by 2.0% during the third quarter. Natixis Advisors LLC now owns 52,158 shares of the technology company’s stock valued at $914,000 after acquiring an additional 1,017 shares during the period. Institutional investors and hedge funds own 94.81% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ICHR. Needham & Company LLC boosted their price target on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Stifel Nicolaus set a $76.00 price target on shares of Ichor in a report on Friday, May 1st. Oppenheimer boosted their price target on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. TD Cowen boosted 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. Finally, B. Riley Financial reissued a “buy” rating on shares of Ichor in a report on Monday, April 20th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $64.57.

Insiders Place Their Bets

In related news, Director Laura A. Black sold 20,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the director owned 20,462 shares of the company’s stock, valued at $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Greg Swyt sold 6,820 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $66.81, for a total transaction of $455,644.20. Following the completion of the sale, the chief financial officer directly owned 53,070 shares of the company’s stock, valued at $3,545,606.70. The trade was a 11.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 79,447 shares of company stock valued at $5,678,621. Corporate insiders own 1.70% of the company’s stock.

Ichor Price Performance

Shares of NASDAQ ICHR opened at $89.47 on Tuesday. The stock has a market cap of $3.12 billion, a P/E ratio of -60.45 and a beta of 1.87. The firm’s 50-day simple moving average is $67.96 and its 200 day simple moving average is $45.24. Ichor Holdings, Ltd. has a fifty-two week low of $13.12 and a fifty-two week high of $92.56. 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 posted its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.02. The business had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities analysts expect that Ichor Holdings, Ltd. will post 0.97 EPS for the current year.

Ichor Company 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.