Ichor (NASDAQ:ICHR) Shares Down 9.8% – Should You Sell?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s share price fell 9.8% during trading on Monday . The company traded as low as $92.43 and last traded at $90.5010. 287,819 shares were traded during mid-day trading, a decline of 73% from the average session volume of 1,055,056 shares. The stock had previously closed at $100.30.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Stifel Nicolaus boosted their target price on Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. B. Riley Financial lifted their price target 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. Oppenheimer boosted 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. Finally, Zacks Research raised shares of Ichor from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 3rd. One equities research 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $82.29.

Ichor Trading Up 4.9%

The firm has a fifty day moving average of $82.43 and a 200 day moving average of $56.87. The firm has a market capitalization of $3.31 billion, a PE ratio of -64.09 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.

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

Insider Activity

In other Ichor news, CFO Greg Swyt sold 6,820 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $66.81, for a total value of $455,644.20. Following the transaction, the chief financial officer owned 53,070 shares in the company, valued at $3,545,606.70. The trade was a 11.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 5,337 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $75.63, for a total value of $403,637.31. Following the sale, the director owned 10,825 shares of the company’s stock, valued at $818,694.75. This represents a 33.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 79,447 shares of company stock worth $5,678,621 over the last three months. 1.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ichor

Several hedge funds and other institutional investors have recently bought and sold shares of ICHR. Versant Capital Management Inc raised its position 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 in the last quarter. AdvisorNet Financial Inc bought a new stake in shares of Ichor in the first quarter worth $37,000. KBC Group NV bought a new stake in shares of Ichor in the first quarter worth $44,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Ichor in the second quarter worth $27,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Ichor in the fourth quarter valued at $26,000. 94.81% of the stock is currently owned by hedge funds and other 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.