Ichor (NASDAQ:ICHR) CFO Greg Swyt Sells 6,820 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 6,820 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $66.81, for a total value of $455,644.20. Following the sale, the chief financial officer directly owned 53,070 shares of the company’s stock, valued at approximately $3,545,606.70. This trade represents a 11.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 Thursday, May 28th, Greg Swyt sold 19,662 shares of Ichor stock. The shares were sold at an average price of $70.42, for a total value of $1,384,598.04.

Ichor Trading Up 7.3%

NASDAQ:ICHR opened at $71.60 on Wednesday. The firm has a market cap of $2.50 billion, a PE ratio of -48.38 and a beta of 1.87. The stock has a fifty day moving average price of $65.00 and a 200 day moving average price of $43.33. Ichor Holdings, Ltd. has a 12-month low of $13.12 and a 12-month high of $78.00. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings results 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. The company had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Sell-side analysts anticipate that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on ICHR. TD Cowen boosted their target price on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. Needham & Company LLC boosted their price target on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Stifel Nicolaus set a $76.00 price target on Ichor in a research report on Friday, May 1st. Finally, Wall Street Zen upgraded Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $64.57.

Hedge Funds Weigh In On Ichor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in shares of Ichor by 27.7% in the 1st quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock worth $224,000 after acquiring an additional 2,146 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of 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 worth $444,000 after acquiring an additional 865 shares during the period. Jane Street Group LLC grew its holdings in shares of Ichor by 286.0% in the 1st quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock worth $1,205,000 after acquiring an additional 39,476 shares during the period. Gamco Investors INC. ET AL grew its holdings in shares of Ichor by 75.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company’s stock worth $473,000 after acquiring an additional 10,400 shares during the period. Finally, Federated Hermes Inc. grew its holdings in shares of Ichor by 243.1% in the 2nd quarter. Federated Hermes Inc. now owns 107,629 shares of the technology company’s stock worth $2,114,000 after acquiring an additional 76,257 shares during the period. Institutional investors and hedge funds 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.