Ichor (NASDAQ:ICHR) Stock Price Down 6.2% – Time to Sell?

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s stock price traded down 6.2% on Wednesday . The stock traded as low as $62.58 and last traded at $61.9510. Approximately 85,147 shares traded hands during trading, a decline of 92% from the average session volume of 1,036,723 shares. The stock had previously closed at $66.08.

Analyst Ratings Changes

Several research analysts have commented on ICHR shares. Oppenheimer lifted their price objective on shares of Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 4th. B. Riley Financial lowered their target price on shares of 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. Zacks Research downgraded shares of Ichor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Finally, Stifel Nicolaus increased their price objective on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Ichor Stock Down 4.9%

The company has a market cap of $2.35 billion, a P/E ratio of -53.62 and a beta of 1.82. 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 $85.20 and its two-hundred day moving average is $65.83.

Ichor (NASDAQ:ICHR) last issued its earnings results on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $294.78 million for 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 for the quarter was up 22.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Equities analysts predict that Ichor Holdings, Ltd. will post 1.13 EPS for the current year.

Insider Activity at Ichor

In related news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total value of $961,953.95. Following the transaction, the chief executive officer owned 165,078 shares of the company’s stock, valued at $11,586,824.82. This represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the transaction, the director owned 20,462 shares in the company, valued at $1,535,059.24. The trade was a 49.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 60,187 shares of company stock worth $4,302,596. Company insiders own 1.70% of the company’s stock.

Institutional Trading of Ichor

Several institutional investors and hedge funds have recently made changes to their positions in ICHR. Invesco Ltd. raised its stake in Ichor by 141.2% in the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after buying an additional 1,770,425 shares in the last quarter. Millennium Management LLC boosted its position in Ichor by 1,710.7% during the 3rd quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after acquiring an additional 807,792 shares in the last quarter. Royce & Associates LP increased its holdings in shares of Ichor by 48.5% in the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after acquiring an additional 473,440 shares during the period. J. Goldman & Co LP purchased a new position in shares of Ichor in the 4th quarter valued at $6,663,000. Finally, Heartland Advisors Inc. bought a new position in shares of Ichor in the 4th quarter worth $5,529,000. 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.