Insider Selling: Ichor (NASDAQ:ICHR) Director Sells $1,500,400.00 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHRGet Free Report) Director Laura Black sold 20,000 shares of the company’s stock in a transaction on 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 approximately $1,535,059.24. This trade represents a 49.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Ichor Trading Down 1.9%

Shares of Ichor stock opened at $71.06 on Friday. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of -48.01 and a beta of 1.87. The business has a fifty day simple moving average of $63.81 and a 200-day simple moving average of $42.22. Ichor Holdings, Ltd. has a fifty-two week low of $13.12 and a fifty-two week high of $78.00.

Ichor (NASDAQ:ICHRGet Free Report) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The business had revenue of $256.07 million during the quarter, compared to analyst estimates of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, equities analysts forecast that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. AdvisorNet Financial Inc acquired a new position in Ichor in the 1st quarter worth about $37,000. KBC Group NV acquired a new position in Ichor in the 1st quarter worth about $44,000. Newbridge Financial Services Group Inc. acquired a new position in Ichor in the 2nd quarter worth about $27,000. Steward Partners Investment Advisory LLC acquired a new position in Ichor in the 4th quarter worth about $26,000. Finally, Hantz Financial Services Inc. increased its position in Ichor by 64.8% in the 4th 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 last quarter. 94.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ICHR. B. Riley Financial restated a “buy” rating on shares of Ichor in a report on Monday, April 20th. Needham & Company LLC upped their price objective on 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 report on Friday, March 27th. Stifel Nicolaus set a $76.00 target price on Ichor in a report on Friday, May 1st. Finally, DA Davidson upped their target price on Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.57.

Get Our Latest Analysis on Ichor

About Ichor

(Get Free Report)

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.

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