Ichor (NASDAQ:ICHR) Shares Gap Down – What’s Next?

Ichor Holdings, Ltd. (NASDAQ:ICHR) gapped down before the market opened on Wednesday . The stock had previously closed at $112.28, but opened at $105.23. Ichor shares last traded at $107.1340, with a volume of 109,469 shares.

Analyst Upgrades and Downgrades

ICHR has been the topic of several recent research reports. Oppenheimer boosted their price target on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a research report on Friday, May 1st. Needham & Company LLC lifted their target price on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. TD Cowen boosted their target price on shares of Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, B. Riley Financial increased their price target on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $71.71.

Ichor Price Performance

The stock has a 50-day simple moving average of $78.23 and a 200 day simple moving average of $52.60. The company has a market cap of $3.42 billion, a PE ratio of -66.36 and a beta of 1.78. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. The business had revenue of $256.07 million during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the business posted $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities analysts expect that Ichor Holdings, Ltd. will post 0.97 EPS for the current year.

Insider Buying and Selling

In other news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $70.19, for a total value of $961,953.95. Following the transaction, the chief executive officer directly owned 165,078 shares in the company, valued at approximately $11,586,824.82. This represents a 7.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 9,923 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53. Following the completion of the transaction, the director owned 16,162 shares in the company, valued at approximately $1,165,441.82. This represents a 38.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 79,447 shares of company stock valued at $5,678,621 over the last three months. Company insiders own 1.70% of the company’s stock.

Institutional Trading of Ichor

Several institutional investors have recently added to or reduced their stakes in ICHR. Versant Capital Management Inc grew its position in shares of Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after buying an additional 126 shares during the last quarter. Linden Thomas Advisory Services LLC lifted its position in Ichor by 0.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock valued at $934,000 after acquiring an additional 398 shares during the last quarter. Hantz Financial Services Inc. lifted its position in Ichor by 64.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after acquiring an additional 590 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Ichor by 5.7% in the second quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock valued at $244,000 after acquiring an additional 666 shares in the last quarter. Finally, AdvisorNet Financial Inc acquired a new position in Ichor in the first quarter valued at $37,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Company Profile

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.