Ichor (NASDAQ:ICHR) Director Jorge Titinger Sells 4,000 Shares

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Jorge Titinger sold 4,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $64.21, for a total transaction of $256,840.00. Following the transaction, the director directly owned 12,318 shares in the company, valued at approximately $790,938.78. This trade represents a 24.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Jorge Titinger also recently made the following trade(s):

• On Monday, February 23rd, Jorge Titinger sold 1,200 shares of Ichor stock. The stock was sold at an average price of $50.11, for a total transaction of $60,132.00.

Ichor Trading Down 3.0%

Shares of NASDAQ ICHR traded down $2.02 during midday trading on Tuesday, reaching $64.58. 1,530,378 shares of the stock were exchanged, compared to its average volume of 982,437. The company has a market capitalization of $2.24 billion, a P/E ratio of -43.63 and a beta of 1.87. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $78.00. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average price of $57.37 and a 200-day moving average price of $37.43.

Ichor (NASDAQ:ICHR) last released its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. The firm had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. Ichor’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.12 earnings per share. 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 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ICHR has been the topic of a number of analyst reports. TD Cowen increased their price objective on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Oppenheimer increased their target price on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. DA Davidson raised their price objective on shares of Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. 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 research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ichor presently has a consensus rating of “Moderate Buy” and an average price target of $64.57.

Institutional Investors Weigh In On Ichor

Hedge funds and other institutional investors have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC acquired a new stake in shares of Ichor in the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. bought a new position in shares of Ichor during the second quarter valued at $27,000. Hantz Financial Services Inc. raised its holdings in shares of Ichor by 64.8% in 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. Danske Bank A S bought a new position in shares of Ichor in the third quarter valued at about $28,000. Finally, AdvisorNet Financial Inc bought a new position in shares of Ichor in the first quarter valued at about $37,000. 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.