Ichor (NASDAQ:ICHR) Shares Gap Down – Should You Sell?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $69.72, but opened at $61.00. Ichor shares last traded at $65.2990, with a volume of 737,055 shares changing hands.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Stifel Nicolaus set a $76.00 price objective on Ichor in a research report on Friday, May 1st. B. Riley Financial reaffirmed a “buy” rating on shares of Ichor in a research note on Monday, April 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Oppenheimer boosted their price objective on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday. Finally, DA Davidson upped their price objective on shares of Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $64.57.

Ichor Stock Down 1.8%

The firm has a fifty day simple moving average of $53.74 and a 200 day simple moving average of $34.92. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.38 and a current ratio of 2.82. The company has a market cap of $2.47 billion, a PE ratio of -48.13 and a beta of 1.87.

Ichor (NASDAQ:ICHR) last released its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. The firm 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%. Ichor’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities research analysts predict that Ichor Holdings, Ltd. will post 0.73 EPS for the current year.

Insider Activity

In other Ichor news, Director Marc Haugen sold 19,875 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $49.71, for a total transaction of $987,986.25. Following the completion of the sale, the director directly owned 26,085 shares in the company, valued at $1,296,685.35. The trade was a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Bruce Ragsdale sold 21,276 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $49.66, for a total value of $1,056,566.16. Following the sale, the chief operating officer owned 97,661 shares in the company, valued at approximately $4,849,845.26. The trade was a 17.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 120,259 shares of company stock valued at $5,689,250 over the last quarter. 1.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Ichor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ICHR. AdvisorNet Financial Inc purchased a new stake in shares of Ichor during the first quarter worth about $37,000. KBC Group NV acquired a new stake in Ichor during the 1st quarter valued at approximately $44,000. Newbridge Financial Services Group Inc. purchased a new stake in Ichor during the 2nd quarter worth approximately $27,000. Steward Partners Investment Advisory LLC purchased a new stake in Ichor during the 4th quarter worth approximately $26,000. Finally, Hantz Financial Services Inc. raised its position in shares of Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after purchasing an additional 590 shares in 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.