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

Ichor Holdings, Ltd. (NASDAQ:ICHR) CEO Philip Ryan Sr. Barros sold 13,705 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $70.19, for a total transaction of $961,953.95. Following the completion of the transaction, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at approximately $11,586,824.82. The trade was a 7.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Stock Down 11.5%

Shares of NASDAQ:ICHR opened at $62.91 on Friday. The firm has a fifty day moving average price of $64.05 and a two-hundred day moving average price of $42.36. 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 one year low of $13.12 and a one year high of $78.00. The company has a market cap of $2.19 billion, a price-to-earnings ratio of -42.51 and a beta of 1.87.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The company 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 firm’s 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. Analysts anticipate that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Oppenheimer lifted their price objective on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Needham & Company LLC lifted their price objective on shares of Ichor from $48.00 to $72.00 and gave the stock 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. B. Riley Financial reaffirmed a “buy” rating on shares of Ichor in a report on Monday, April 20th. Finally, DA Davidson lifted their price objective 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 investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $64.57.

Institutional Trading of Ichor

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Ichor by 4.7% in the fourth quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock worth $61,444,000 after purchasing an additional 148,993 shares during the last quarter. Invesco Ltd. lifted its stake in Ichor by 141.2% in the fourth 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 during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Ichor by 15.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock worth $36,080,000 after purchasing an additional 259,417 shares during the last quarter. Royce & Associates LP lifted its stake in Ichor by 48.5% in the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after purchasing an additional 473,440 shares during the last quarter. Finally, State Street Corp lifted its stake in Ichor by 0.9% in the fourth quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock worth $23,690,000 after purchasing an additional 11,645 shares during the last quarter. 94.81% of the stock is owned by institutional investors.

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.