Ichor (NASDAQ:ICHR) Shares Gap Down – Time to Sell?

Ichor Holdings, Ltd. (NASDAQ:ICHR) shares gapped down prior to trading on Tuesday . The stock had previously closed at $95.67, but opened at $89.43. Ichor shares last traded at $86.4320, with a volume of 239,203 shares trading hands.

Analysts Set New Price Targets

ICHR has been the topic of several research analyst reports. Zacks Research upgraded Ichor from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. Needham & Company LLC lifted their price target on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. Oppenheimer increased their price objective on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Finally, B. Riley Financial raised their price objective on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $71.71.

Ichor Price Performance

The stock has a market capitalization of $3.10 billion, a P/E ratio of -60.01 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 stock has a 50-day simple moving average of $80.08 and a 200 day simple moving average of $54.70.

Ichor (NASDAQ:ICHR) last released its 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 return on equity of 1.10% and a negative net margin of 5.28%.The company had revenue of $256.07 million during the quarter, compared to analysts’ expectations of $251.32 million. During the same period last year, the firm earned $0.12 EPS. The business’s revenue for the quarter 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, equities analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Insider Activity

In other Ichor news, Director Marc Haugen sold 5,337 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $75.63, for a total transaction of $403,637.31. Following the transaction, the director directly owned 10,825 shares in the company, valued at approximately $818,694.75. This represents a 33.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Greg Swyt sold 6,820 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $66.81, for a total transaction of $455,644.20. Following the completion of the transaction, the chief financial officer directly owned 53,070 shares in the company, valued at $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. In the last three months, insiders sold 79,447 shares of company stock worth $5,678,621. Corporate insiders own 1.70% of the company’s stock.

Institutional Trading of Ichor

A number of institutional investors have recently bought and sold shares of the business. Versant Capital Management Inc lifted its stake in shares of Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after purchasing an additional 126 shares during the period. AdvisorNet Financial Inc acquired a new stake in shares of Ichor during the first quarter worth $37,000. KBC Group NV bought a new stake in Ichor in the first quarter valued at about $44,000. Newbridge Financial Services Group Inc. bought a new stake in Ichor in the second quarter valued at about $27,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in Ichor in the fourth quarter valued at about $26,000. 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.