Ichor (NASDAQ:ICHR) Stock Price Down 8.7% on Insider Selling

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s stock price traded down 8.7% during trading on Thursday after an insider sold shares in the company. The stock traded as low as $46.21 and last traded at $47.8260. 357,435 shares were traded during mid-day trading, a decline of 69% from the average session volume of 1,155,338 shares. The stock had previously closed at $52.41.

Specifically, CFO Greg Swyt sold 3,000 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $51.20, for a total transaction of $153,600.00. Following the completion of the sale, the chief financial officer owned 78,679 shares in the company, valued at $4,028,364.80. This represents a 3.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jorge Titinger sold 1,200 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $50.11, for a total value of $60,132.00. Following the transaction, the director directly owned 13,969 shares in the company, valued at approximately $699,986.59. This represents a 7.91% decrease in their position. The SEC filing for this sale provides additional information. In other news, Director Marc Haugen sold 19,875 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $49.71, for a total value of $987,986.25. Following the transaction, the director owned 26,085 shares of the company’s stock, valued at approximately $1,296,685.35. The trade was a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ICHR. Zacks Research raised shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Wall Street Zen upgraded Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. B. Riley Financial raised Ichor from a “neutral” rating to a “buy” rating in a report on Tuesday, February 10th. Needham & Company LLC lifted their price target on Ichor from $36.00 to $48.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a report on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $39.57.

Trending Headlines about Ichor

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Sharp drop in short interest — Short interest fell 18.5% in February to 2,261,421 shares (about 6.7% of float), lowering the days-to-cover to ~1.4 days; less short pressure can reduce forced selling risk and support the stock.
• Positive Sentiment: Ichor to present at Stifel Technology 1×1 conference — Management will get investor visibility that can help refine outlook and catalyze re-rating if guidance or commentary is favorable. Ichor to Participate in Upcoming Stifel Technology 1×1 Conference
• Neutral Sentiment: Analyst mix is mixed but trending bullish — several firms reaffirmed/raised coverage (DA Davidson boosted its price target to $53; TD Cowen and Craig Hallum maintain buy ratings) while consensus remains a “Hold” with an average target near $39.57 — suggests diverging views rather than a clear catalyst.
• Neutral Sentiment: Institutional position changes — A number of institutions (e.g., RBC, Jane Street) have recently increased stakes and 94.8% of shares are institutionally owned, which can stabilize trading but also concentrate flows.
• Negative Sentiment: Large insider sales by senior executives — Multiple filings show sizable disposals by top insiders: COO Bruce Ragsdale sold 21,276 shares at ~$49.66 (Ragsdale Form 4), Director Marc Haugen sold 19,875 shares at ~$49.71 (Haugen Form 4), CFO Greg Swyt sold 3,000 shares at ~$51.20 (Swyt Form 4), and Director Jorge Titinger sold 1,200 shares at ~$50.11 (Titinger Form 4). The scale and timing of insider selling likely weighed on sentiment and contributed to the share decline today.

Ichor Stock Performance

The stock has a market cap of $1.67 billion, a price-to-earnings ratio of -31.14 and a beta of 1.89. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.16 and a quick ratio of 1.38. The stock’s 50-day moving average is $31.08 and its 200-day moving average is $22.62.

Institutional Investors Weigh In On Ichor

Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in Ichor by 27.7% in the first quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock valued at $224,000 after purchasing an additional 2,146 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Ichor by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock valued at $444,000 after buying an additional 865 shares during the period. Jane Street Group LLC grew its holdings in Ichor by 286.0% in the 1st quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock valued at $1,205,000 after buying an additional 39,476 shares during the period. CWM LLC increased its stake in shares of Ichor by 105.6% during the 2nd quarter. CWM LLC now owns 4,532 shares of the technology company’s stock valued at $89,000 after acquiring an additional 2,328 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in shares of Ichor by 1,060.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock worth $34,000 after acquiring an additional 1,602 shares during the period. Hedge funds and other institutional investors own 94.81% of the company’s stock.

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.