Ichor (NASDAQ:ICHR) CFO Greg Swyt Sells 2,068 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 2,068 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $58.02, for a total transaction of $119,985.36. Following the sale, the chief financial officer owned 47,832 shares of the company’s stock, valued at approximately $2,775,212.64. This represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Stock Up 3.2%

Ichor stock opened at $58.17 on Wednesday. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of -49.72 and a beta of 1.81. The stock has a fifty day simple moving average of $74.29 and a two-hundred day simple moving average of $67.77. Ichor Holdings, Ltd. has a 12 month low of $14.06 and a 12 month high of $113.58. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13.

Ichor (NASDAQ:ICHR) last posted its earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. The business had revenue of $294.78 million for the quarter, compared to analysts’ expectations of $300.17 million. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The business’s revenue for the quarter was up 22.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Equities analysts predict that Ichor Holdings, Ltd. will post 1.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Oppenheimer raised their target price on shares of Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a report on Tuesday, August 4th. DA Davidson set a $85.00 target price on shares of Ichor in a research note on Wednesday, August 5th. Needham & Company LLC increased their price target on Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Stifel Nicolaus increased their price target on Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, Zacks Research upgraded Ichor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

Institutional Trading of Ichor

Several large investors have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC bought a new position in Ichor in the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Ichor during the 2nd quarter valued at $27,000. Hantz Financial Services Inc. increased its stake in shares of Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after purchasing an additional 590 shares in the last quarter. Versant Capital Management Inc raised its holdings 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 purchasing an additional 126 shares during the period. Finally, Danske Bank A S bought a new position in Ichor in the 3rd quarter worth $28,000. 94.81% of the stock is currently owned by institutional investors.

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.