Maverick Capital Ltd. Acquires New Shares in Ichor Holdings, Ltd. $ICHR

Maverick Capital Ltd. bought a new stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,410 shares of the technology company’s stock, valued at approximately $1,138,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Lombard Odier Asset Management Europe Ltd acquired a new position in shares of Ichor during the 1st quarter worth about $2,684,000. Gabelli Funds LLC bought a new position in Ichor during the 1st quarter worth approximately $979,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in Ichor during the 1st quarter worth approximately $219,000. Sei Investments Co. grew its holdings in Ichor by 61.7% during the first quarter. Sei Investments Co. now owns 113,531 shares of the technology company’s stock valued at $5,292,000 after purchasing an additional 43,320 shares during the period. Finally, State of Wyoming increased its stake in Ichor by 100.4% in the first quarter. State of Wyoming now owns 6,482 shares of the technology company’s stock valued at $302,000 after purchasing an additional 3,248 shares in the last quarter. Institutional investors own 94.81% of the company’s stock.

Insider Buying and Selling

In related news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the 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 owned 165,078 shares in the company, valued at approximately $11,586,824.82. This represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Jorge Titinger sold 4,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total transaction of $256,840.00. Following the completion of the transaction, the director directly owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This trade represents a 24.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 79,447 shares of company stock valued at $5,678,621 over the last ninety days. Insiders own 1.70% of the company’s stock.

Ichor Stock Performance

ICHR opened at $68.10 on Wednesday. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of -46.01 and a beta of 1.78. The business’s 50-day moving average price is $85.23 and its two-hundred day moving average price is $61.53. Ichor Holdings, Ltd. has a 1 year low of $13.12 and a 1 year high of $113.58. 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 (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 return on equity of 1.10% and a negative net margin of 5.28%.The business had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. During the same period last year, the company earned $0.12 earnings per share. Ichor’s quarterly revenue was up 4.7% on a year-over-year basis. 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 fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ICHR. B. Riley Financial lifted their price target on shares of Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Needham & Company LLC lifted their target price on Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Oppenheimer boosted their target price on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. TD Cowen raised their price target on Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Zacks Research cut Ichor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $82.29.

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.