Insider Selling: Ichor (NASDAQ:ICHR) CEO Sells $81,310.32 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) 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 transaction of $81,310.32. Following the completion of the sale, the chief executive officer owned 161,562 shares in the company, valued at approximately $9,997,456.56. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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.

Philip Ryan Sr. Barros also recently made the following trade(s):

• On Thursday, June 4th, Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock. The shares were sold at an average price of $70.19, for a total transaction of $961,953.95.

Ichor Stock Performance

NASDAQ:ICHR opened at $60.20 on Friday. The company has a 50-day moving average of $83.95 and a 200-day moving average of $66.19. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of -51.45 and a beta of 1.82. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. Ichor Holdings, Ltd. has a twelve month low of $14.06 and a twelve month high of $113.58.

Ichor (NASDAQ:ICHR) last released 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. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The business had revenue of $294.78 million for the quarter, compared to the consensus estimate of $300.17 million. During the same period in the previous year, the firm earned $0.03 EPS. The business’s revenue for the quarter was up 22.7% on a year-over-year basis. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Analysts forecast that Ichor Holdings, Ltd. will post 1.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Oppenheimer increased their price objective on Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a research report on Tuesday, August 4th. Needham & Company LLC lifted their target price on Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. TD Cowen cut their target price on Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Stifel Nicolaus upped their target price on Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, DA Davidson set a $85.00 price target on Ichor in a research report on Wednesday, August 5th. One equities research 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $87.00.

Institutional Investors Weigh In On Ichor

Hedge funds have recently made changes to their positions in the company. Versant Capital Management Inc boosted its stake in Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after purchasing an additional 126 shares during the period. AdvisorNet Financial Inc acquired a new stake in Ichor during the 1st quarter valued at $37,000. KBC Group NV acquired a new stake in Ichor during the 1st quarter valued at $44,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Ichor in the second quarter valued at $114,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Ichor in the second quarter valued at $27,000. Hedge funds and other institutional investors 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.