Ichor (NASDAQ:ICHR) Shares Gap Down – Here’s What Happened

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $78.30, but opened at $72.47. Ichor shares last traded at $67.4570, with a volume of 166,558 shares changing hands.

Analyst Ratings Changes

A number of analysts have recently weighed in on ICHR shares. Needham & Company LLC upped their target price on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. B. Riley Financial boosted their price objective on shares of Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. TD Cowen upped their price objective on shares of Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Zacks Research downgraded shares of Ichor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, Oppenheimer boosted their price target on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $82.29.

Ichor Stock Down 11.9%

The company has a market capitalization of $2.41 billion, a PE ratio of -46.75 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 is $85.16 and its 200 day moving average is $61.22.

Ichor (NASDAQ:ICHR) last issued its earnings results 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 net margin of 5.28% and a negative return on equity of 1.10%. The firm had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. During the same quarter in the prior year, the firm posted $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. As a group, analysts anticipate that Ichor Holdings, Ltd. will post 0.97 EPS for the current year.

Insider Buying and Selling at Ichor

In other Ichor news, Director Laura A. Black sold 20,000 shares of Ichor stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the completion of the sale, the director owned 20,462 shares of the company’s stock, valued at approximately $1,535,059.24. This trade represents a 49.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Philip Ryan Sr. Barros sold 13,705 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total value of $961,953.95. Following the completion of the transaction, the chief executive officer owned 165,078 shares of the company’s stock, valued at $11,586,824.82. This represents a 7.67% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 79,447 shares of company stock worth $5,678,621. Insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several large investors have recently bought and sold shares of ICHR. Versant Capital Management Inc raised its position in Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after buying an additional 126 shares during the last quarter. Linden Thomas Advisory Services LLC boosted its holdings in shares of Ichor by 0.8% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock valued at $934,000 after acquiring an additional 398 shares during the last quarter. Hantz Financial Services Inc. grew its stake 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 worth $28,000 after acquiring an additional 590 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Ichor by 5.7% in the second quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after acquiring an additional 666 shares during the period. Finally, AdvisorNet Financial Inc purchased a new position in shares of Ichor during the first quarter valued at approximately $37,000. 94.81% of the stock is currently owned by institutional investors.

About Ichor

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.