Laura Black Sells 20,000 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Laura Black sold 20,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the sale, the director directly owned 20,462 shares in the company, valued at $1,535,059.24. This represents a 49.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Ichor Stock Down 3.3%

Shares of ICHR opened at $72.45 on Thursday. The stock has a market capitalization of $2.53 billion, a PE ratio of -48.95 and a beta of 1.87. Ichor Holdings, Ltd. has a 1 year low of $13.12 and a 1 year 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. The company’s 50-day simple moving average is $63.42 and its 200-day simple moving average is $41.82.

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, topping the consensus estimate of $0.13 by $0.02. The business had revenue of $256.07 million for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on ICHR shares. Needham & Company LLC raised 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. DA Davidson raised their target price on shares of Ichor from $30.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. 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 report on Tuesday, May 5th. Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a report on Sunday, February 15th. Finally, 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 report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ichor has a consensus rating of “Moderate Buy” and an average target price of $64.57.

Institutional Trading of Ichor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Linden Thomas Advisory Services LLC raised its holdings in Ichor by 0.8% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock worth $934,000 after purchasing an additional 398 shares in the last quarter. Hantz Financial Services Inc. grew its position in shares of Ichor by 64.8% during the fourth 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 during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Ichor by 5.7% during the second quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock worth $244,000 after acquiring an additional 666 shares during the last quarter. AdvisorNet Financial Inc purchased a new position in shares of Ichor during the first quarter worth approximately $37,000. Finally, AQR Capital Management LLC grew its position in shares of Ichor by 0.6% during the fourth quarter. AQR Capital Management LLC now owns 134,194 shares of the technology company’s stock worth $2,473,000 after acquiring an additional 817 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

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.