Triumph Capital Management Acquires New Stake in Ichor Holdings, Ltd. $ICHR

Triumph Capital Management acquired a new stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) during the third quarter, Holdings Channel reports. The firm acquired 20,587 shares of the technology company’s stock, valued at approximately $1,274,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ICHR. Wellington Management Group LLP lifted its position in Ichor by 54.3% in the second quarter. Wellington Management Group LLP now owns 1,108,844 shares of the technology company’s stock worth $124,501,000 after purchasing an additional 390,017 shares during the period. 1492 Capital Management LLC bought a new position in Ichor during the 1st quarter valued at $2,919,000. Hsbc Holdings PLC acquired a new position in shares of Ichor during the 4th quarter valued at $1,101,000. Lombard Odier Asset Management Europe Ltd acquired a new position in shares of Ichor during the 1st quarter valued at $2,684,000. Finally, Assenagon Asset Management S.A. acquired a new position in shares of Ichor during the 2nd quarter valued at $5,165,000. Institutional investors own 94.81% of the company’s stock.

Ichor Price Performance

Shares of NASDAQ ICHR traded down $3.71 during trading on Wednesday, hitting $47.86. The company had a trading volume of 1,162,378 shares, compared to its average volume of 971,896. The company has a market cap of $1.79 billion, a P/E ratio of -40.91 and a beta of 1.79. Ichor Holdings, Ltd. has a 52 week low of $14.06 and a 52 week high of $113.58. The business’s 50-day moving average is $59.32 and its 200 day moving average is $69.62. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70.

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

Insider Buying and Selling

In other news, CEO Philip Barros, Jr. sold 1,314 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $61.88, for a total transaction of $81,310.32. Following the sale, the chief executive officer directly owned 161,562 shares of the company’s stock, valued at $9,997,456.56. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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. Also, Director Iain MacKenzie sold 20,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $50.66, for a total value of $1,013,200.00. Following the sale, the director directly owned 102,427 shares of the company’s stock, valued at approximately $5,188,951.82. This represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 46,740 shares of company stock valued at $2,602,960 over the last ninety days. 1.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Freedom Broker started coverage on Ichor in a research note on Friday, October 9th. They issued a “buy” rating and a $82.00 price objective on the stock. Zacks Research lowered Ichor from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Stifel Nicolaus boosted their price target 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. TD Cowen cut their price target on shares of Ichor from $115.00 to $100.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a report on Monday, September 21st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $85.89.

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, engineers and manufactures critical fluid-delivery subsystems and components used in semiconductor manufacturing equipment. Its products help deliver, control and distribute gases and chemicals used in wafer fabrication processes.

The company’s offerings include gas and chemical delivery systems, precision-machined components, weldments, assemblies and other specialized components for semiconductor capital equipment. Ichor primarily serves original equipment manufacturers and other customers involved in the production of semiconductor devices.

Founded in 1999, Ichor is headquartered in Fremont, California, and operates manufacturing and engineering facilities across several regions, including North America, Europe and Asia.