Ichor (NASDAQ:ICHR) Stock Price Up 8.8% – Here’s Why

Ichor Holdings, Ltd. (NASDAQ:ICHR) shares shot up 8.8% during mid-day trading on Monday . The stock traded as high as $100.48 and last traded at $102.2840. Approximately 285,225 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 1,029,383 shares. The stock had previously closed at $94.00.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ICHR. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a report on Friday, May 1st. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. B. Riley Financial increased their price target on shares of Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Oppenheimer lifted their price target on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 5th. Finally, Needham & Company LLC boosted their price objective on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $71.71.

Ichor Trading Up 6.5%

The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The business’s fifty day simple moving average is $76.61 and its 200 day simple moving average is $51.37. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of -75.91 and a beta of 1.87.

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

Insider Activity

In other news, CFO Greg Swyt sold 6,820 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $66.81, for a total transaction of $455,644.20. Following the completion of the transaction, the chief financial officer directly owned 53,070 shares of the company’s stock, valued at approximately $3,545,606.70. This represents a 11.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 5,337 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total value of $403,637.31. Following the sale, the director owned 10,825 shares in the company, valued at $818,694.75. The trade was a 33.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,447 shares of company stock valued at $5,678,621 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ICHR. Steward Partners Investment Advisory LLC bought a new stake in Ichor in the fourth quarter valued at $26,000. Newbridge Financial Services Group Inc. bought a new position in shares of Ichor during the second quarter worth about $27,000. Hantz Financial Services Inc. increased its holdings in shares of Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after acquiring an additional 590 shares during the period. Danske Bank A S acquired a new stake in shares of Ichor in the 3rd quarter worth about $28,000. Finally, AdvisorNet Financial Inc bought a new stake in Ichor in the 1st quarter valued at about $37,000. 94.81% of the stock is currently owned by institutional investors.

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.