1492 Capital Management LLC Buys New Position in Ichor Holdings, Ltd. $ICHR

1492 Capital Management LLC purchased a new position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) during the first quarter, Holdings Channel.com reports. The fund purchased 62,632 shares of the technology company’s stock, valued at approximately $2,919,000.

Other hedge funds have also made changes to their positions in the company. AdvisorNet Financial Inc purchased a new position in shares of Ichor in the first quarter valued at approximately $37,000. Newbridge Financial Services Group Inc. acquired a new stake in Ichor during the 2nd quarter worth approximately $27,000. Steward Partners Investment Advisory LLC acquired a new stake in Ichor during the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. boosted its position in Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after buying an additional 590 shares during the period. Finally, Danske Bank A S purchased a new position in Ichor in the 3rd quarter valued at approximately $28,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on ICHR. Needham & Company LLC boosted their price target 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. B. Riley Financial increased their price objective on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Wednesday. Oppenheimer boosted their target price on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 5th. Finally, Stifel Nicolaus set a $76.00 price target on Ichor in a report on Friday, May 1st. Six 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 MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $71.71.

Insider Activity

In other Ichor news, Director Laura A. Black sold 20,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the transaction, the director directly owned 20,462 shares of the company’s stock, valued at approximately $1,535,059.24. This trade represents a 49.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Marc Haugen sold 5,337 shares of Ichor stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $75.63, for a total transaction of $403,637.31. Following the completion of the transaction, the director owned 10,825 shares in the company, valued at approximately $818,694.75. This represents a 33.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,447 shares of company stock worth $5,678,621 over the last 90 days. 1.70% of the stock is owned by corporate insiders.

Ichor Price Performance

Shares of NASDAQ ICHR opened at $94.00 on Friday. The stock has a market cap of $3.28 billion, a P/E ratio of -63.51 and a beta of 1.87. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $101.65. The stock has a 50 day moving average of $74.84 and a two-hundred day moving average of $49.87. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last announced its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. The business 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 company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the firm posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, research analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.

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.