Ichor (NASDAQ:ICHR) CFO Sells $119,985.36 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 2,068 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $58.02, for a total transaction of $119,985.36. Following the completion of the sale, the chief financial officer directly owned 47,832 shares in the company, valued at approximately $2,775,212.64. This trade represents a 4.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Price Performance

ICHR stock opened at $55.77 on Friday. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of -47.67 and a beta of 1.81. The firm’s 50-day moving average price is $72.37 and its two-hundred day moving average price is $67.88. 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 12-month low of $14.06 and a 12-month high of $113.58.

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

Analysts Set New Price Targets

A number of equities analysts recently commented on ICHR shares. Wall Street Zen upgraded Ichor from a “hold” rating to a “buy” rating in a report on Saturday, September 5th. B. Riley Financial cut their price target on shares of Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. TD Cowen reduced their price objective on shares of Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Needham & Company LLC upped their price objective on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Finally, Oppenheimer raised their target price on shares of Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $87.00.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc boosted its position in Ichor by 100.0% in the second 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 last quarter. Allworth Financial LP increased its position in shares of Ichor by 125.1% during the 2nd quarter. Allworth Financial LP now owns 421 shares of the technology company’s stock valued at $47,000 after purchasing an additional 234 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Ichor during the 2nd quarter valued at about $45,000. Hantz Financial Services Inc. lifted its stake 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 purchasing an additional 590 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Ichor by 5.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after purchasing an additional 666 shares during the period. Institutional investors 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.