Insider Selling: Ichor (NASDAQ:ICHR) CFO Sells 6,820 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 6,820 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $66.81, for a total transaction of $455,644.20. Following the sale, the chief financial officer owned 53,070 shares in the company, valued at approximately $3,545,606.70. This represents a 11.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 Thursday, May 28th, Greg Swyt sold 19,662 shares of Ichor stock. The stock was sold at an average price of $70.42, for a total value of $1,384,598.04.

Ichor Price Performance

NASDAQ ICHR traded up $4.85 on Tuesday, hitting $71.60. The company had a trading volume of 1,181,527 shares, compared to its average volume of 997,557. The company has a market capitalization of $2.50 billion, a PE ratio of -48.38 and a beta of 1.87. The company’s fifty day moving average price is $64.47 and its 200-day moving average price is $42.93. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. Ichor Holdings, Ltd. has a 12-month low of $13.12 and a 12-month high of $78.00.

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

Analysts Set New Price Targets

Several brokerages have issued reports on ICHR. TD Cowen lifted their target price on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Stifel Nicolaus set a $76.00 price target on shares of Ichor in a research note on Friday, May 1st. Oppenheimer boosted their price target on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. B. Riley Financial reiterated a “buy” rating on shares of Ichor in a research report on Monday, April 20th. Finally, Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $64.57.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Amundi acquired a new position in Ichor in the first quarter valued at about $217,000. California State Teachers Retirement System lifted its position in Ichor by 31.1% in the first quarter. California State Teachers Retirement System now owns 40,806 shares of the technology company’s stock valued at $1,902,000 after buying an additional 9,677 shares during the last quarter. Maverick Capital Ltd. acquired a new position in Ichor in the first quarter valued at about $1,138,000. Lombard Odier Asset Management Europe Ltd acquired a new position in Ichor in the first quarter valued at about $2,684,000. Finally, Gabelli Funds LLC purchased a new position in shares of Ichor during the 1st quarter worth approximately $979,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

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.