Ichor (NASDAQ:ICHR) Shares Gap Up – Should You Buy?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) gapped up before the market opened on Thursday . The stock had previously closed at $89.38, but opened at $97.40. Ichor shares last traded at $91.0350, with a volume of 99,635 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ICHR. Oppenheimer lifted their price target on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 5th. B. Riley Financial increased their price objective on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Needham & Company LLC raised their price objective on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. Finally, TD Cowen boosted their target price on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Ichor currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.71.

Ichor Stock Performance

The firm has a 50 day moving average of $73.63 and a two-hundred day moving average of $49.02. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The stock has a market cap of $3.20 billion, a PE ratio of -62.10 and a beta of 1.87.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $251.32 million. During the same period in the prior year, the firm posted $0.12 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Research analysts predict that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Insider Transactions at Ichor

In related news, Director Marc Haugen sold 9,923 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $72.11, for a total value of $715,547.53. Following the transaction, the director directly owned 16,162 shares of the company’s stock, valued at $1,165,441.82. This trade represents a 38.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Greg Swyt sold 19,662 shares of Ichor stock in a transaction 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 sale, the chief financial officer owned 60,971 shares in the company, valued at $4,293,577.82. This represents a 24.38% decrease in their ownership of the stock. 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 three months, insiders sold 79,447 shares of company stock worth $5,678,621. Insiders own 1.70% of the company’s stock.

Institutional Trading of Ichor

Several institutional investors and hedge funds have recently made changes to their positions in ICHR. SG Americas Securities LLC increased its position in Ichor by 295.5% during the fourth quarter. SG Americas Securities LLC now owns 26,073 shares of the technology company’s stock worth $481,000 after buying an additional 19,481 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Ichor in the fourth quarter valued at approximately $607,000. Quantbot Technologies LP boosted its holdings in shares of Ichor by 229.7% in the third quarter. Quantbot Technologies LP now owns 107,999 shares of the technology company’s stock valued at $1,892,000 after acquiring an additional 75,240 shares during the period. Cambiar Investors LLC purchased a new position in shares of Ichor during the fourth quarter worth approximately $1,595,000. Finally, Farther Finance Advisors LLC grew its position in shares of Ichor by 1,272.0% during the fourth quarter. Farther Finance Advisors LLC now owns 20,868 shares of the technology company’s stock worth $385,000 after acquiring an additional 19,347 shares during the last quarter. 94.81% of the stock is owned by hedge funds and other 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.