Philip Ryan Sr. Barros Sells 13,705 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CEO Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Price Performance

Ichor stock opened at $62.91 on Friday. Ichor Holdings, Ltd. has a 52 week low of $13.12 and a 52 week high of $78.00. The company’s 50 day moving average price is $64.05 and its two-hundred day moving average price is $42.36. 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 stock has a market cap of $2.19 billion, a P/E ratio of -42.51 and a beta of 1.87.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Amundi purchased a new position in Ichor in the 1st quarter valued at approximately $217,000. California State Teachers Retirement System grew its stake in Ichor by 31.1% in the 1st quarter. California State Teachers Retirement System now owns 40,806 shares of the technology company’s stock valued at $1,902,000 after buying an additional 9,677 shares in the last quarter. Maverick Capital Ltd. purchased a new position in Ichor in the 1st quarter valued at approximately $1,138,000. Lombard Odier Asset Management Europe Ltd purchased a new position in Ichor in the 1st quarter valued at approximately $2,684,000. Finally, Gabelli Funds LLC purchased a new position in Ichor in the 1st quarter valued at approximately $979,000. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. B. Riley Financial reaffirmed a “buy” rating on shares of Ichor in a report on Monday, April 20th. Stifel Nicolaus set a $76.00 price target on shares of Ichor in a report on Friday, May 1st. Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. Needham & Company LLC lifted their price target on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, DA Davidson lifted their price target on shares of Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ichor has a consensus rating of “Moderate Buy” and a consensus price target of $64.57.

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.