Gabelli Funds LLC Makes New Investment in Ichor Holdings, Ltd. $ICHR

Gabelli Funds LLC purchased a new position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,000 shares of the technology company’s stock, valued at approximately $979,000.

Several other institutional investors have also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC bought a new stake in shares of Ichor in the fourth quarter valued at about $26,000. Newbridge Financial Services Group Inc. purchased a new stake in Ichor in the second quarter worth about $27,000. Hantz Financial Services Inc. grew its holdings in Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after acquiring an additional 590 shares in the last quarter. Danske Bank A S bought a new position in Ichor during the 3rd quarter worth about $28,000. Finally, AdvisorNet Financial Inc purchased a new position in Ichor during the 1st quarter valued at about $37,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Insider Buying and Selling at Ichor

In other news, Director Jorge Titinger sold 4,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total transaction of $256,840.00. Following the sale, the director directly owned 12,318 shares of the company’s stock, valued at $790,938.78. The trade was a 24.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Greg Swyt sold 19,662 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $70.42, for a total value of $1,384,598.04. Following the completion of the transaction, the chief financial officer directly owned 60,971 shares in the company, valued at approximately $4,293,577.82. The trade was a 24.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 79,447 shares of company stock worth $5,678,621 in the last three months. 1.70% of the stock is owned by company insiders.

Ichor Price Performance

Shares of ICHR stock opened at $74.97 on Friday. Ichor Holdings, Ltd. has a fifty-two week low of $13.12 and a fifty-two week high of $113.58. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of -50.66 and a beta of 1.78. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The stock’s 50-day simple moving average is $85.36 and its 200-day simple moving average is $62.17.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.13 by $0.02. The firm had revenue of $256.07 million during the quarter, compared to analyst estimates of $251.32 million. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. Ichor’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ICHR has been the subject of several recent research reports. B. Riley Financial boosted their price target on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Needham & Company LLC lifted their price objective on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. TD Cowen boosted their price objective on shares of Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Stifel Nicolaus boosted their price objective on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $82.29.

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.