Ichor (NASDAQ:ICHR) CEO Philip Ryan Sr. Barros Sells 1,314 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CEO Philip Ryan Sr. Barros sold 1,314 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $61.88, for a total transaction of $81,310.32. Following the completion of the transaction, the chief executive officer owned 161,562 shares in the company, valued at $9,997,456.56. This trade represents a 0.81% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Philip Ryan Sr. Barros also recently made the following trade(s):

• On Thursday, June 4th, Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock. The stock was sold at an average price of $70.19, for a total transaction of $961,953.95.

Ichor Stock Performance

Shares of NASDAQ:ICHR traded down $2.34 on Thursday, reaching $58.87. 740,206 shares of the company’s stock were exchanged, compared to its average volume of 1,039,538. 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 Holdings, Ltd. has a twelve month low of $14.06 and a twelve month high of $113.58. The company has a fifty day moving average of $84.98 and a 200-day moving average of $66.03. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of -50.32 and a beta of 1.82.

Ichor (NASDAQ:ICHR) last issued its quarterly 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. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The business had revenue of $294.78 million during the quarter, compared to analysts’ expectations of $300.17 million. During the same period in the previous year, the company posted $0.03 earnings per share. The firm’s revenue for the quarter was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, research analysts predict that Ichor Holdings, Ltd. will post 1.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Ichor

A number of large investors have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC purchased a new stake in shares of Ichor during the fourth quarter valued at $26,000. Newbridge Financial Services Group Inc. bought a new stake in Ichor during the 2nd quarter valued at approximately $27,000. Hantz Financial Services Inc. boosted its stake in Ichor by 64.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after buying an additional 590 shares during the last quarter. Versant Capital Management Inc grew 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 worth $28,000 after buying an additional 126 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in Ichor during the third quarter valued at approximately $28,000. Institutional investors own 94.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Needham & Company LLC boosted their target price on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Oppenheimer boosted their target price on shares of Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a report on Tuesday, August 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Zacks Research downgraded shares of Ichor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Finally, DA Davidson set a $85.00 price objective on shares of Ichor in a research note on Wednesday, August 5th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $87.00.

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.