Ichor (NASDAQ:ICHR) CFO Sells 689 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 689 shares of Ichor stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $65.01, for a total transaction of $44,791.89. Following the completion of the sale, the chief financial officer directly owned 47,143 shares in the company, valued at $3,064,766.43. This trade represents a 1.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Greg Swyt also recently made the following trade(s):

• On Tuesday, September 8th, Greg Swyt sold 2,068 shares of Ichor stock. The shares were sold at an average price of $58.02, for a total value of $119,985.36.

Ichor Stock Performance

NASDAQ ICHR traded up $0.41 on Monday, hitting $63.33. 740,747 shares of the stock traded hands, compared to its average volume of 980,644. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70. The business’s fifty day moving average is $61.30 and its two-hundred day moving average is $69.14. Ichor Holdings, Ltd. has a 12 month low of $14.06 and a 12 month high of $113.58. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of -54.13 and a beta of 1.79.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 positive return on equity of 0.47% and a negative net margin of 3.97%.The firm’s quarterly revenue was up 22.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. As a group, equities analysts anticipate that Ichor Holdings, Ltd. will post 1.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. TD Cowen dropped their price target on shares of Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. DA Davidson set a $85.00 target price on shares of Ichor in a report on Wednesday, August 5th. Zacks Research upgraded Ichor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 19th. Wall Street Zen lowered Ichor from a “buy” rating to a “hold” rating in a report on Tuesday, September 29th. Finally, Oppenheimer lifted their price target on Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $87.00.

Institutional Investors Weigh In On Ichor

Several large investors have recently added to or reduced their stakes in ICHR. Versant Capital Management Inc grew its position in Ichor by 100.0% during the second 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. Allworth Financial LP boosted its position in shares of Ichor by 125.1% during the 2nd quarter. Allworth Financial LP now owns 421 shares of the technology company’s stock valued at $47,000 after acquiring an additional 234 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Ichor during the second quarter worth about $45,000. Hantz Financial Services Inc. grew its holdings in shares of Ichor by 64.8% during the fourth 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. Finally, AdvisorNet Financial Inc bought a new position in shares of Ichor in the first quarter worth approximately $37,000. Institutional investors own 94.81% of the company’s stock.

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, engineers and manufactures critical fluid-delivery subsystems and components used in semiconductor manufacturing equipment. Its products help deliver, control and distribute gases and chemicals used in wafer fabrication processes.

The company’s offerings include gas and chemical delivery systems, precision-machined components, weldments, assemblies and other specialized components for semiconductor capital equipment. Ichor primarily serves original equipment manufacturers and other customers involved in the production of semiconductor devices.

Founded in 1999, Ichor is headquartered in Fremont, California, and operates manufacturing and engineering facilities across several regions, including North America, Europe and Asia.