Linden Thomas Advisory Services LLC increased its holdings in Ichor Holdings, Ltd. (NASDAQ:ICHR – Free Report) by 172.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,210 shares of the technology company’s stock after purchasing an additional 30,517 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Ichor were worth $947,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Invesco Ltd. boosted its holdings in Ichor by 6.1% in the first quarter. Invesco Ltd. now owns 1,168,756 shares of the technology company’s stock worth $26,426,000 after purchasing an additional 66,942 shares in the last quarter. S Squared Technology LLC boosted its holdings in Ichor by 21.1% in the first quarter. S Squared Technology LLC now owns 278,910 shares of the technology company’s stock worth $6,306,000 after purchasing an additional 48,566 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Ichor by 99,483.3% in the second quarter. Farther Finance Advisors LLC now owns 5,975 shares of the technology company’s stock worth $117,000 after purchasing an additional 5,969 shares in the last quarter. Cinctive Capital Management LP bought a new stake in Ichor in the first quarter worth $1,356,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Ichor by 3.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 520,274 shares of the technology company’s stock valued at $11,763,000 after acquiring an additional 17,981 shares during the period. 94.81% of the stock is currently owned by institutional investors.
Insider Transactions at Ichor
In other Ichor news, Director Iain Mackenzie purchased 25,000 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average price of $16.63 per share, with a total value of $415,750.00. Following the completion of the transaction, the director directly owned 60,011 shares of the company’s stock, valued at approximately $997,982.93. This trade represents a 71.41% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Marc Haugen purchased 3,000 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The stock was acquired at an average cost of $17.75 per share, with a total value of $53,250.00. Following the transaction, the director directly owned 42,960 shares of the company’s stock, valued at approximately $762,540. This represents a 7.51% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.90% of the stock is currently owned by corporate insiders.
Ichor Stock Up 1.7%
Ichor (NASDAQ:ICHR – Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The technology company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.11). The company had revenue of $240.29 million for the quarter, compared to analyst estimates of $234.51 million. Ichor had a negative net margin of 2.23% and a negative return on equity of 0.77%. The firm’s quarterly revenue was up 18.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.05 EPS. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. On average, equities research analysts expect that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current year.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the stock. Zacks Research upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. DA Davidson decreased their price target on shares of Ichor from $45.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, August 6th. B. Riley cut shares of Ichor from a “buy” rating to a “neutral” rating and set a $18.00 price target for the company. in a report on Tuesday, August 5th. Wall Street Zen upgraded shares of Ichor from a “sell” rating to a “hold” rating in a report on Monday, September 29th. Finally, Oppenheimer set a $21.00 price target on shares of Ichor and gave the company a “market perform” rating in a report on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $23.80.
Get Our Latest Analysis on ICHR
About Ichor
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.
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