Quantinno Capital Management LP Sells 11,239 Shares of Ichor Holdings, Ltd. $ICHR

Quantinno Capital Management LP lessened its holdings in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 27.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,060 shares of the technology company’s stock after selling 11,239 shares during the quarter. Quantinno Capital Management LP owned 0.08% of Ichor worth $1,354,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its position in Ichor by 4.7% in the fourth quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock valued at $61,444,000 after acquiring an additional 148,993 shares during the last quarter. Invesco Ltd. increased its position in Ichor by 141.2% during the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after purchasing an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Ichor by 15.3% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock valued at $36,080,000 after purchasing an additional 259,417 shares during the last quarter. Royce & Associates LP increased its holdings in shares of Ichor by 48.5% during the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after buying an additional 473,440 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of Ichor by 0.9% in the 4th quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock valued at $23,690,000 after acquiring an additional 11,645 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ICHR has been the topic of several recent research reports. TD Cowen cut their price objective on Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. B. Riley Financial lowered their price objective on Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. Stifel Nicolaus lifted their target price on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Finally, Needham & Company LLC boosted their target price on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ichor has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Insider Activity at Ichor

In other news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $70.19, for a total value of $961,953.95. Following the completion of the sale, the chief executive officer directly owned 165,078 shares in the company, valued at $11,586,824.82. This trade represents a 7.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the business’s stock in a transaction dated 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 directly owned 20,462 shares of the company’s stock, valued at $1,535,059.24. The trade was a 49.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 64,187 shares of company stock worth $4,559,436. 1.70% of the stock is owned by insiders.

Ichor Stock Up 2.9%

Shares of NASDAQ ICHR opened at $71.19 on Friday. The company has a market capitalization of $2.67 billion, a P/E ratio of -60.85 and a beta of 1.82. Ichor Holdings, Ltd. has a 52-week low of $14.06 and a 52-week high of $113.58. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70. The company’s 50 day moving average price is $85.05 and its 200-day moving average price is $65.01.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The company had revenue of $294.78 million during the quarter, compared to analysts’ expectations of $300.17 million. During the same period in the prior year, the company posted $0.03 earnings per share. Ichor’s revenue for the quarter was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Equities analysts forecast that Ichor Holdings, Ltd. will post 1.13 earnings per share for the current year.

Ichor 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.