Ichor (NASDAQ:ICHR) CEO Sells $961,953.95 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CEO Philip Ryan Sr. Barros sold 13,705 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $70.19, for a total value of $961,953.95. Following the completion of the sale, the chief executive officer directly owned 165,078 shares in the company, valued at approximately $11,586,824.82. This represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Stock Performance

Shares of NASDAQ:ICHR opened at $62.91 on Monday. The company has a market cap of $2.19 billion, a P/E ratio of -42.51 and a beta of 1.87. The stock’s 50-day moving average is $64.05 and its 200-day moving average is $42.56. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $78.00. 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 issued its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. The company had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The firm’s revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities research analysts predict that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.

Analyst Upgrades and Downgrades

ICHR has been the topic of several research analyst reports. Stifel Nicolaus set a $76.00 price target on Ichor in a research report on Friday, May 1st. Needham & Company LLC lifted their target price on Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Wall Street Zen raised Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Oppenheimer lifted their target price on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $64.57.

Institutional Investors Weigh In On Ichor

Institutional investors have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC acquired a new stake in Ichor during the fourth quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in Ichor during the second quarter valued at approximately $27,000. Hantz Financial Services Inc. boosted its holdings in Ichor by 64.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after purchasing an additional 590 shares in the last quarter. Danske Bank A S acquired a new stake in Ichor during the third quarter valued at approximately $28,000. Finally, AdvisorNet Financial Inc acquired a new stake in Ichor during the first quarter valued at approximately $37,000. 94.81% of the stock is owned by institutional investors and hedge funds.

Ichor Company Profile

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.