Insider Selling: Ichor (NASDAQ:ICHR) Director Sells 5,337 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Marc Haugen sold 5,337 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total value of $403,637.31. Following the completion of the sale, the director owned 10,825 shares in the company, valued at $818,694.75. This represents a 33.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Marc Haugen also recently made the following trade(s):

• On Friday, May 8th, Marc Haugen sold 9,923 shares of Ichor stock. The stock was sold at an average price of $72.11, for a total value of $715,547.53.
• On Monday, February 23rd, Marc Haugen sold 19,875 shares of Ichor stock. The shares were sold at an average price of $49.71, for a total value of $987,986.25.

Ichor Trading Up 1.4%

ICHR stock traded up $1.04 during midday trading on Wednesday, reaching $74.32. 771,205 shares of the company traded hands, compared to its average volume of 978,264. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $78.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The business has a 50 day moving average of $55.30 and a 200-day moving average of $36.04. The firm has a market capitalization of $2.58 billion, a price-to-earnings ratio of -50.22 and a beta of 1.87.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings data 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. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The business had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. During the same period in the prior year, the business posted $0.12 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, sell-side analysts expect that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Oppenheimer upped their price objective on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. Wall Street Zen upgraded Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Craig Hallum restated a “buy” rating and set a $36.00 price objective on shares of Ichor in a research report on Wednesday, January 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. Finally, Needham & Company LLC upped their target price on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Six investment 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. According to data from MarketBeat.com, Ichor has an average rating of “Moderate Buy” and an average price target of $64.57.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of Ichor by 34.5% during the first quarter. PNC Financial Services Group Inc. now owns 3,385 shares of the technology company’s stock valued at $158,000 after buying an additional 868 shares during the last quarter. KBC Group NV bought a new position in shares of Ichor during the first quarter valued at approximately $44,000. Illinois Municipal Retirement Fund grew its stake in shares of Ichor by 10.1% during the first quarter. Illinois Municipal Retirement Fund now owns 18,627 shares of the technology company’s stock valued at $868,000 after buying an additional 1,707 shares during the last quarter. Calamos Advisors LLC bought a new position in shares of Ichor during the first quarter valued at approximately $1,870,000. Finally, Principal Financial Group Inc. grew its stake in shares of Ichor by 2.1% during the first quarter. Principal Financial Group Inc. now owns 167,350 shares of the technology company’s stock valued at $7,800,000 after buying an additional 3,494 shares during the last quarter. Institutional investors own 94.81% of the company’s stock.

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.