Ichor (NASDAQ:ICHR) COO Sells $549,782.91 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) COO Bruce Ragsdale sold 10,587 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $51.93, for a total value of $549,782.91. Following the completion of the transaction, the chief operating officer directly owned 92,324 shares in the company, valued at approximately $4,794,385.32. The trade was a 10.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Price Performance

Shares of NASDAQ ICHR opened at $52.82 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07. The stock has a fifty day moving average price of $77.11 and a 200 day moving average price of $67.56. Ichor Holdings, Ltd. has a 1-year low of $14.06 and a 1-year high of $113.58. The company has a market cap of $1.98 billion, a PE ratio of -45.14 and a beta of 1.81.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The firm had revenue of $294.78 million for the quarter, compared to analyst estimates of $300.17 million. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. Ichor’s quarterly revenue was up 22.7% on a year-over-year basis. During the same period last year, the firm posted $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Sell-side analysts forecast that Ichor Holdings, Ltd. will post 1.13 EPS for the current year.

Hedge Funds Weigh In On Ichor

A number of large investors have recently made changes to their positions in the stock. Versant Capital Management Inc lifted its stake in shares of Ichor by 100.0% in the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after purchasing an additional 126 shares during the period. AdvisorNet Financial Inc acquired a new position in Ichor during the first quarter worth about $37,000. KBC Group NV purchased a new position in Ichor in the first quarter valued at about $44,000. Public Employees Retirement System of Ohio purchased a new position in Ichor in the second quarter valued at about $114,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in shares of Ichor during the 2nd quarter valued at approximately $27,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ICHR shares. Needham & Company LLC boosted their price target on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Stifel Nicolaus raised their price objective on shares of Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. DA Davidson set a $85.00 target price on Ichor in a research report on Wednesday, August 5th. Finally, Oppenheimer increased their target price on Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned 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 company has an average rating of “Moderate Buy” and an average target price of $87.00.

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.