Ichor (NASDAQ:ICHR) Stock Price Up 8.7% – Here’s What Happened

Ichor Holdings, Ltd. (NASDAQ:ICHR) rose 8.7% during mid-day trading on Tuesday . The stock traded as high as $27.26 and last traded at $26.8050. Approximately 462,381 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 812,769 shares. The stock had previously closed at $24.65.

Wall Street Analyst Weigh In

ICHR has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Ichor from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. Stifel Nicolaus set a $21.00 target price on shares of Ichor and gave the stock a “hold” rating in a report on Tuesday, November 4th. Oppenheimer raised Ichor from a “market perform” rating to an “outperform” rating and increased their price target for the company from $21.00 to $25.00 in a research note on Wednesday, November 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research note on Monday, December 29th. Finally, DA Davidson dropped their price objective on Ichor from $35.00 to $30.00 and set a “buy” rating for the company in a report on Tuesday, November 4th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $23.20.

Ichor Trading Up 5.5%

The business has a 50 day simple moving average of $17.67 and a 200-day simple moving average of $18.98. The stock has a market capitalization of $893.78 million, a price-to-earnings ratio of -21.60 and a beta of 1.83. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.08 and a quick ratio of 1.33.

Ichor (NASDAQ:ICHR) last released its quarterly earnings data on Monday, November 3rd. The technology company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.05). Ichor had a negative net margin of 4.26% and a negative return on equity of 0.96%. The business had revenue of $239.30 million for the quarter, compared to the consensus estimate of $235.14 million. During the same quarter last year, the firm earned $0.12 EPS. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. Ichor has set its Q4 2025 guidance at -0.140-0.020 EPS. As a group, equities analysts expect that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Iain Mackenzie acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were acquired at an average cost of $14.53 per share, with a total value of $145,300.00. Following the transaction, the director owned 130,011 shares of the company’s stock, valued at $1,889,059.83. The trade was a 8.33% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Institutional Trading of Ichor

Several hedge funds and other institutional investors have recently modified their holdings of ICHR. Newbridge Financial Services Group Inc. acquired a new position in shares of Ichor during the second quarter worth about $27,000. Danske Bank A S acquired a new stake in Ichor in the 3rd quarter valued at approximately $28,000. GAMMA Investing LLC lifted its stake in Ichor by 95.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock valued at $32,000 after acquiring an additional 789 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in Ichor by 1,060.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company’s stock valued at $34,000 after acquiring an additional 1,602 shares in the last quarter. Finally, Central Pacific Bank Trust Division acquired a new position in Ichor during the 2nd quarter worth approximately $37,000. 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.