Ichor (NASDAQ:ICHR) CFO Sells $44,791.89 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 689 shares of Ichor stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $65.01, for a total transaction of $44,791.89. Following the completion of the transaction, the chief financial officer owned 47,143 shares in the company, valued at $3,064,766.43. This trade represents a 1.44% decrease in their position. 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.

Greg Swyt also recently made the following trade(s):

• On Tuesday, September 8th, Greg Swyt sold 2,068 shares of Ichor stock. The stock was sold at an average price of $58.02, for a total transaction of $119,985.36.

Ichor Trading Down 2.5%

Shares of NASDAQ:ICHR opened at $60.87 on Thursday. The company has a market cap of $2.28 billion, a P/E ratio of -52.03 and a beta of 1.79. The stock’s 50-day moving average is $60.86 and its 200-day moving average is $69.43. 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.

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

Hedge Funds Weigh In On Ichor

Hedge funds have recently made changes to their positions in the business. Versant Capital Management Inc raised its holdings in shares of Ichor by 100.0% in the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after buying an additional 126 shares during the last quarter. Allworth Financial LP grew its holdings in Ichor by 125.1% during the 2nd quarter. Allworth Financial LP now owns 421 shares of the technology company’s stock worth $47,000 after acquiring an additional 234 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Ichor in the 2nd quarter valued at about $45,000. Hantz Financial Services Inc. increased its position in Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after acquiring an additional 590 shares in the last quarter. Finally, AdvisorNet Financial Inc bought a new position in shares of Ichor in the first quarter worth about $37,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Needham & Company LLC upped their target price on shares of Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. B. Riley Financial dropped their price objective on shares of Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Zacks Research lowered shares of Ichor from a “strong-buy” rating to a “hold” rating in a research report on Monday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Monday, September 21st. Finally, TD Cowen decreased their target price on Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $87.00.

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, engineers and manufactures critical fluid-delivery subsystems and components used in semiconductor manufacturing equipment. Its products help deliver, control and distribute gases and chemicals used in wafer fabrication processes.

The company’s offerings include gas and chemical delivery systems, precision-machined components, weldments, assemblies and other specialized components for semiconductor capital equipment. Ichor primarily serves original equipment manufacturers and other customers involved in the production of semiconductor devices.

Founded in 1999, Ichor is headquartered in Fremont, California, and operates manufacturing and engineering facilities across several regions, including North America, Europe and Asia.