Pictet Asset Management Holding SA Buys Shares of 5,299 Ichor Holdings, Ltd. $ICHR

Pictet Asset Management Holding SA purchased a new stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) during the first quarter, according to its most recent filing with the SEC. The firm purchased 5,299 shares of the technology company’s stock, valued at approximately $247,000.

Several other large investors have also recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC bought a new stake in Ichor during the fourth quarter valued at about $26,000. Newbridge Financial Services Group Inc. purchased a new position in Ichor in the second quarter valued at about $27,000. Hantz Financial Services Inc. raised 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 in the last quarter. Danske Bank A S bought a new position in Ichor in the third quarter worth about $28,000. Finally, AdvisorNet Financial Inc purchased a new stake in shares of Ichor during the first quarter valued at about $37,000. 94.81% of the stock is owned by institutional investors.

Insider Activity at Ichor

In other news, CFO Greg Swyt sold 6,820 shares of Ichor stock in a transaction on Monday, June 8th. The shares were sold at an average price of $66.81, for a total transaction of $455,644.20. Following the completion of the sale, the chief financial officer directly owned 53,070 shares in the company, valued at approximately $3,545,606.70. The trade was a 11.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 in the company, valued at $790,938.78. This trade represents a 24.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 79,447 shares of company stock worth $5,678,621 in the last 90 days. 1.70% of the stock is owned by insiders.

Ichor Stock Performance

Ichor stock opened at $100.30 on Monday. 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 has a market cap of $3.50 billion, a PE ratio of -67.77 and a beta of 1.78. The stock has a 50-day moving average of $81.40 and a two-hundred day moving average of $55.83. Ichor Holdings, Ltd. has a one year low of $13.12 and a one year high of $113.58.

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. B. Riley Financial raised 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 boosted their price objective on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. 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. Finally, Zacks Research raised shares of Ichor from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus 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.