SG Americas Securities LLC Sells 6,798 Shares of Ichor Holdings, Ltd. $ICHR

SG Americas Securities LLC trimmed its stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 26.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,275 shares of the technology company’s stock after selling 6,798 shares during the period. SG Americas Securities LLC owned about 0.06% of Ichor worth $898,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ICHR. Invesco Ltd. grew its position in shares of Ichor by 141.2% in the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after buying an additional 1,770,425 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Ichor by 497.2% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock valued at $29,753,000 after acquiring an additional 1,413,870 shares during the last quarter. Millennium Management LLC boosted its holdings in Ichor by 1,710.7% in the third quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after acquiring an additional 807,792 shares during the last quarter. Royce & Associates LP increased its position in Ichor by 48.5% during the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after purchasing an additional 473,440 shares during the period. Finally, J. Goldman & Co LP acquired a new stake in Ichor during the 4th quarter valued at approximately $6,663,000. 94.81% of the stock is owned by institutional investors.

Insider Buying and Selling at Ichor

In related news, Director Laura A. Black sold 20,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the transaction, the director directly owned 20,462 shares in the company, valued at $1,535,059.24. This trade represents a 49.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $70.19, for a total transaction of $961,953.95. Following the completion of the sale, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at approximately $11,586,824.82. The trade was a 7.67% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 79,447 shares of company stock worth $5,678,621 in the last quarter. Company insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on ICHR shares. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a research report on Friday, May 1st. B. Riley Financial lifted their target price on shares of Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Needham & Company LLC boosted their target price on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Oppenheimer upped their price target on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. Six equities research 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, Ichor has a consensus rating of “Moderate Buy” and an average target price of $71.71.

Ichor Price Performance

Shares of NASDAQ ICHR opened at $98.22 on Monday. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. The firm has a market cap of $3.42 billion, a PE ratio of -66.36 and a beta of 1.78. The company’s fifty day simple moving average is $78.89 and its 200 day simple moving average is $53.16. Ichor Holdings, Ltd. has a 12-month low of $13.12 and a 12-month high of $113.58.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The firm had revenue of $256.07 million for 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%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, sell-side analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Ichor 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.