Tectonic Advisors LLC Buys New Shares in Ichor Holdings, Ltd. $ICHR

Tectonic Advisors LLC purchased a new stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,687 shares of the technology company’s stock, valued at approximately $847,000.

A number of other hedge funds have also bought and sold shares of the stock. Versant Capital Management Inc lifted its stake in shares of Ichor by 100.0% during the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after buying an additional 126 shares during the period. Allworth Financial LP grew its holdings in shares of Ichor by 125.1% during the second quarter. Allworth Financial LP now owns 421 shares of the technology company’s stock valued at $47,000 after buying an additional 234 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Ichor by 11.5% in the 3rd quarter. GAMMA Investing LLC now owns 2,565 shares of the technology company’s stock valued at $159,000 after acquiring an additional 264 shares during the period. Integrated Wealth Concepts LLC acquired a new position in shares of Ichor in the 2nd quarter valued at $45,000. Finally, Nisa Investment Advisors LLC increased its position in shares of Ichor by 9.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,986 shares of the technology company’s stock valued at $308,000 after acquiring an additional 433 shares during the period. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Stock Up 0.2%

ICHR stock opened at $37.94 on Friday. The company has a market capitalization of $1.42 billion, a P/E ratio of -32.43 and a beta of 1.79. Ichor Holdings, Ltd. has a 12 month low of $14.06 and a 12 month high of $113.58. The firm’s fifty day simple moving average is $55.30 and its 200-day simple moving average is $69.26. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07.

Ichor (NASDAQ:ICHR) last issued its earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) 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 firm had revenue of $294.78 million during the quarter, compared to analysts’ expectations of $300.17 million. During the same quarter last year, the company posted $0.03 earnings per share. The firm’s revenue was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. As a group, equities research analysts forecast that Ichor Holdings, Ltd. will post 1.13 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Iain MacKenzie sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $50.66, for a total value of $1,013,200.00. Following the sale, the director owned 102,427 shares in the company, valued at $5,188,951.82. This represents a 16.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Greg Swyt sold 2,068 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $58.02, for a total value of $119,985.36. Following the sale, the chief financial officer directly owned 47,832 shares in the company, valued at approximately $2,775,212.64. This trade represents a 4.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 46,740 shares of company stock worth $2,602,960. Corporate insiders own 1.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Oppenheimer raised their target price on Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 4th. TD Cowen dropped their price target on Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Freedom Broker began coverage on Ichor in a report on Friday, October 9th. They issued a “buy” rating and a $82.00 price objective on the stock. UBS Group set a $82.00 price objective on Ichor in a research note on Thursday, October 8th. Finally, Zacks Research downgraded Ichor from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $85.89.

Ichor Profile

Ichor Holdings, Ltd. (NASDAQ: ICHR) is a supplier to the semiconductor equipment industry. The company designs, engineers and manufactures critical fluid-delivery subsystems used in semiconductor fabrication equipment, including systems that deliver and control gases and chemicals during the wafer-manufacturing process.

Ichor’s products and services include gas and chemical delivery systems, precision-machined components, weldments, fluid-management assemblies and related engineering and manufacturing services.