Ichor (NASDAQ:ICHR) Director Laura Black Sells 20,000 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Laura Black sold 20,000 shares of Ichor stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the transaction, the director owned 20,462 shares of the company’s stock, valued at $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ichor Trading Up 7.1%

Shares of Ichor stock opened at $74.95 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. Ichor Holdings, Ltd. has a 1 year low of $13.12 and a 1 year high of $78.00. The company has a market capitalization of $2.61 billion, a P/E ratio of -50.64 and a beta of 1.87. The business has a 50 day moving average price of $62.38 and a 200 day moving average price of $41.00.

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, topping the consensus estimate 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 firm had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. During the same period in the previous year, the firm posted $0.12 EPS. 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. Sell-side analysts anticipate that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Institutional Trading of Ichor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ICHR. Steward Partners Investment Advisory LLC purchased a new stake in shares of Ichor during the 4th quarter valued at $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Ichor during the 2nd quarter valued at $27,000. Hantz Financial Services Inc. grew its stake in shares of Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after buying an additional 590 shares during the period. Danske Bank A S purchased a new stake in shares of Ichor during the 3rd quarter valued at $28,000. Finally, AdvisorNet Financial Inc purchased a new stake in shares of Ichor during the 1st quarter valued at $37,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Wall Street Analysts Forecast Growth

ICHR has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research note on Friday, March 27th. Oppenheimer lifted their target price on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 5th. Stifel Nicolaus set a $76.00 target price on shares of Ichor in a research note on Friday, May 1st. TD Cowen lifted their target price on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research note on Sunday, February 15th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price 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.