Kennedy Capital Management LLC Has $16.45 Million Stake in Ichor Holdings, Ltd. $ICHR

Kennedy Capital Management LLC increased its position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 20.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 892,524 shares of the technology company’s stock after purchasing an additional 154,404 shares during the period. Kennedy Capital Management LLC’s holdings in Ichor were worth $16,449,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ICHR. Steward Partners Investment Advisory LLC acquired a new position in shares of Ichor in the fourth quarter valued at $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Ichor in the second quarter valued at $27,000. Hantz Financial Services Inc. increased its holdings in shares of Ichor by 64.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after purchasing an additional 590 shares during the last quarter. Danske Bank A S acquired a new position in shares of Ichor in the third quarter valued at $28,000. Finally, State of Wyoming increased its holdings in shares of Ichor by 607.7% in the fourth quarter. State of Wyoming now owns 3,234 shares of the technology company’s stock valued at $60,000 after purchasing an additional 2,777 shares during the last quarter. 94.81% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Greg Swyt sold 19,662 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the completion of the sale, the chief financial officer owned 60,971 shares of the company’s stock, valued at $4,293,577.82. This represents a 24.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 9,923 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53. Following the sale, the director directly owned 16,162 shares of the company’s stock, valued at $1,165,441.82. This represents a 38.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 79,447 shares of company stock valued at $5,678,621 in the last three months. Insiders own 1.70% of the company’s stock.

Ichor Trading Up 3.3%

ICHR stock opened at $86.80 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The company’s 50-day simple moving average is $67.13 and its 200 day simple moving average is $44.52. Ichor Holdings, Ltd. has a 52 week low of $13.12 and a 52 week high of $88.10. The company has a market capitalization of $3.03 billion, a PE ratio of -58.65 and a beta of 1.87.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.13 by $0.02. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The business had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. During the same period in the prior year, the company posted $0.12 earnings per share. Ichor’s revenue was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, sell-side analysts anticipate that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on ICHR shares. TD Cowen upped their price objective on shares of Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. B. Riley Financial reiterated a “buy” rating on shares of Ichor in a report on Monday, April 20th. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a report on Friday, May 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Finally, Oppenheimer upped their price objective on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $64.57.

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.