Greg Swyt Sells 19,662 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 19,662 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the completion of the transaction, the chief financial officer directly owned 60,971 shares of the company’s stock, valued at approximately $4,293,577.82. The trade was a 24.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Price Performance

Shares of NASDAQ ICHR opened at $71.52 on Friday. Ichor Holdings, Ltd. has a fifty-two week low of $13.12 and a fifty-two week high of $78.00. The company has a 50 day simple moving average of $62.00 and a two-hundred day simple moving average of $40.44. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of -48.32 and a beta of 1.87. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82.

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

Institutional Investors Weigh In On Ichor

Institutional investors and hedge funds have recently made changes to their positions in the company. AdvisorNet Financial Inc bought a new stake in shares of Ichor during the first quarter valued at approximately $37,000. KBC Group NV purchased a new stake in Ichor in the first quarter worth approximately $44,000. Newbridge Financial Services Group Inc. purchased a new stake in Ichor in the second quarter worth approximately $27,000. Steward Partners Investment Advisory LLC purchased a new stake in Ichor in the fourth quarter worth approximately $26,000. Finally, Hantz Financial Services Inc. boosted its holdings in Ichor by 64.8% in the fourth 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 last quarter. Institutional investors own 94.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Oppenheimer raised their target price on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. TD Cowen raised their target price on shares of Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. Finally, Needham & Company LLC raised their price target on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $64.57.

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.