Ichor (NASDAQ:ICHR) Director Marc Haugen Sells 9,923 Shares

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Marc Haugen sold 9,923 shares of Ichor stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $72.11, for a total value of $715,547.53. Following the completion of the sale, the director owned 16,162 shares in the company, valued at approximately $1,165,441.82. This trade represents a 38.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Marc Haugen also recently made the following trade(s):

• On Monday, February 23rd, Marc Haugen sold 19,875 shares of Ichor stock. The shares were sold at an average price of $49.71, for a total value of $987,986.25.

Ichor Stock Up 4.5%

Ichor stock opened at $74.42 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.38. Ichor Holdings, Ltd. has a 1-year low of $13.12 and a 1-year high of $75.35. The company has a market cap of $2.59 billion, a PE ratio of -50.28 and a beta of 1.87. The stock’s 50 day moving average price is $53.74 and its 200 day moving average price is $34.92.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. During the same period in the previous year, the business earned $0.12 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, sell-side analysts predict that Ichor Holdings, Ltd. will post 0.73 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. DA Davidson lifted their price target on Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Craig Hallum restated a “buy” rating and issued a $36.00 price target on shares of Ichor in a research note on Wednesday, January 14th. Stifel Nicolaus set a $76.00 price target on Ichor in a research note on Friday, May 1st. Needham & Company LLC lifted their price target on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, TD Cowen boosted their target price on Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.57.

Institutional Trading of Ichor

A number of institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its position in Ichor by 34.5% during the first quarter. PNC Financial Services Group Inc. now owns 3,385 shares of the technology company’s stock worth $158,000 after purchasing an additional 868 shares in the last quarter. KBC Group NV purchased a new stake in Ichor during the first quarter worth $44,000. Illinois Municipal Retirement Fund boosted its position in Ichor by 10.1% during the first quarter. Illinois Municipal Retirement Fund now owns 18,627 shares of the technology company’s stock worth $868,000 after purchasing an additional 1,707 shares in the last quarter. Calamos Advisors LLC purchased a new stake in Ichor during the first quarter worth $1,870,000. Finally, Principal Financial Group Inc. boosted its position in Ichor by 2.1% during the first quarter. Principal Financial Group Inc. now owns 167,350 shares of the technology company’s stock worth $7,800,000 after purchasing an additional 3,494 shares in the last quarter. 94.81% of the stock is currently owned by hedge funds and other 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.