Ichor (NASDAQ:ICHR) Director Jorge Titinger Sells 1,200 Shares of Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Jorge Titinger sold 1,200 shares of Ichor stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $50.11, for a total value of $60,132.00. Following the completion of the transaction, the director owned 13,969 shares in the company, valued at $699,986.59. This trade represents a 7.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Ichor Stock Performance

Shares of Ichor stock traded down $5.69 during midday trading on Thursday, hitting $46.72. The company had a trading volume of 523,127 shares, compared to its average volume of 1,161,955. The company has a fifty day simple moving average of $31.08 and a 200 day simple moving average of $22.62. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of -30.54 and a beta of 1.89. The company has a quick ratio of 1.38, a current ratio of 3.16 and a debt-to-equity ratio of 0.18. Ichor Holdings, Ltd. has a 12-month low of $13.12 and a 12-month high of $55.33.

Hedge Funds Weigh In On Ichor

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Ichor by 4.7% during the 4th quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock worth $61,444,000 after purchasing an additional 148,993 shares during the last quarter. Invesco Ltd. grew its position in Ichor by 141.2% during the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after purchasing an additional 1,770,425 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in Ichor by 15.3% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock valued at $36,080,000 after acquiring an additional 259,417 shares during the period. Royce & Associates LP raised its stake in shares of Ichor by 48.5% during the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after purchasing an additional 473,440 shares during the last quarter. Finally, State Street Corp increased its stake in Ichor by 0.9% in the 4th quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock valued at $23,690,000 after buying an additional 11,645 shares during the period. 94.81% of the stock is owned by institutional investors and hedge funds.

Ichor News Summary

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Sharp drop in short interest — Short interest fell 18.5% in February to 2,261,421 shares (about 6.7% of float), lowering the days-to-cover to ~1.4 days; less short pressure can reduce forced selling risk and support the stock.
• Positive Sentiment: Ichor to present at Stifel Technology 1×1 conference — Management will get investor visibility that can help refine outlook and catalyze re-rating if guidance or commentary is favorable. Ichor to Participate in Upcoming Stifel Technology 1×1 Conference
• Neutral Sentiment: Analyst mix is mixed but trending bullish — several firms reaffirmed/raised coverage (DA Davidson boosted its price target to $53; TD Cowen and Craig Hallum maintain buy ratings) while consensus remains a “Hold” with an average target near $39.57 — suggests diverging views rather than a clear catalyst.
• Neutral Sentiment: Institutional position changes — A number of institutions (e.g., RBC, Jane Street) have recently increased stakes and 94.8% of shares are institutionally owned, which can stabilize trading but also concentrate flows.
• Negative Sentiment: Large insider sales by senior executives — Multiple filings show sizable disposals by top insiders: COO Bruce Ragsdale sold 21,276 shares at ~$49.66 (Ragsdale Form 4), Director Marc Haugen sold 19,875 shares at ~$49.71 (Haugen Form 4), CFO Greg Swyt sold 3,000 shares at ~$51.20 (Swyt Form 4), and Director Jorge Titinger sold 1,200 shares at ~$50.11 (Titinger Form 4). The scale and timing of insider selling likely weighed on sentiment and contributed to the share decline today.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ICHR shares. Zacks Research upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research report on Monday, December 29th. B. Riley Financial raised Ichor from a “neutral” rating to a “buy” rating in a report on Tuesday, February 10th. Oppenheimer raised their price objective on Ichor from $32.00 to $36.00 and gave the company a “market perform” rating in a report on Tuesday, February 10th. Finally, TD Cowen reiterated a “buy” rating on shares of Ichor in a report on Tuesday, February 10th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Ichor currently has an average rating of “Hold” and a consensus price target of $39.57.

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.