Ichor (NASDAQ:ICHR) Stock Price Down 5% – Should You Sell?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) dropped 5% during mid-day trading on Thursday . The company traded as low as $50.10 and last traded at $50.0060. Approximately 43,930 shares traded hands during trading, a decline of 96% from the average daily volume of 1,010,404 shares. The stock had previously closed at $52.63.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ICHR. DA Davidson set a $85.00 price target on Ichor in a report on Wednesday, August 5th. Zacks Research upgraded shares of Ichor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 19th. B. Riley Financial lowered their price target on Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Finally, Needham & Company LLC increased their price objective on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a 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 assigned a Sell rating to the company. According to MarketBeat.com, Ichor currently has an average rating of “Moderate Buy” and an average price target of $87.00.

Ichor Stock Down 0.6%

The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of -44.72 and a beta of 1.81. The firm has a 50 day moving average price of $77.95 and a two-hundred day moving average price of $67.52.

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, topping analysts’ consensus estimates of $0.31 by $0.03. The firm had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The company’s revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, equities analysts expect that Ichor Holdings, Ltd. will post 1.13 earnings per share for the current fiscal year.

Insider Buying and Selling at Ichor

In other Ichor news, Director Iain Mackenzie sold 9,933 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $65.76, for a total value of $653,194.08. Following the transaction, the director directly owned 122,427 shares of the company’s stock, valued at $8,050,799.52. This trade represents a 7.50% decrease in their ownership of the stock. 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. Also, CEO Philip Ryan Sr. Barros sold 1,314 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $61.88, for a total value of $81,310.32. Following the transaction, the chief executive officer owned 161,562 shares in the company, valued at approximately $9,997,456.56. This represents a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last 90 days, insiders have sold 28,654 shares of company stock worth $1,739,932. Insiders own 1.70% of the company’s stock.

Institutional Trading of Ichor

Several large investors have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC purchased a new position in shares of Ichor in the fourth quarter valued at $26,000. Newbridge Financial Services Group Inc. purchased a new position in Ichor in the 2nd quarter valued at about $27,000. Hantz Financial Services Inc. grew its stake 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 valued at $28,000 after acquiring an additional 590 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of Ichor by 100.0% during the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after acquiring an additional 126 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Ichor during the third quarter worth about $28,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

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.