15,300 Shares in Ichor Holdings, Ltd. $ICHR Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 15,300 shares of the technology company’s stock, valued at approximately $713,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of ICHR. Steward Partners Investment Advisory LLC acquired a new stake in shares of Ichor in the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. purchased a new stake in Ichor during the second quarter worth $27,000. Hantz Financial Services Inc. grew its holdings in 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 stake in Ichor in the third quarter valued at $28,000. Finally, AdvisorNet Financial Inc purchased a new position in shares of Ichor in the first quarter valued at $37,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ichor Price Performance

ICHR stock traded down $9.09 during trading on Tuesday, hitting $86.58. The stock had a trading volume of 239,203 shares, compared to its average volume of 1,049,496. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of -58.50 and a beta of 1.78. 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 moving average price is $79.43 and its two-hundred day moving average price is $53.71. Ichor Holdings, Ltd. has a 1-year low of $13.12 and a 1-year high of $113.58.

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

Insider Activity at Ichor

In related news, Director Marc Haugen sold 5,337 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total value of $403,637.31. Following the transaction, the director directly owned 10,825 shares of the company’s stock, valued at approximately $818,694.75. This trade represents a 33.02% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Greg Swyt sold 6,820 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were 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 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 three months, insiders sold 79,447 shares of company stock worth $5,678,621. 1.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ICHR. Needham & Company LLC increased their price objective on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Stifel Nicolaus set a $76.00 price target on shares of Ichor in a research report on Friday, May 1st. Oppenheimer raised their price objective on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. Finally, TD Cowen upped their target price on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Six research analysts have rated the stock with 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.com, Ichor has an average rating of “Moderate Buy” and a consensus target price of $71.71.

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.