Marc Haugen Sells 5,337 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Marc Haugen sold 5,337 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total transaction of $403,637.31. Following the transaction, the director directly owned 10,825 shares of the company’s stock, valued at approximately $818,694.75. This trade represents a 33.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Marc Haugen also recently made the following trade(s):

• On Friday, May 8th, Marc Haugen sold 9,923 shares of Ichor stock. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53.
• On Monday, February 23rd, Marc Haugen sold 19,875 shares of Ichor stock. The stock was sold at an average price of $49.71, for a total transaction of $987,986.25.

Ichor Trading Up 0.3%

NASDAQ ICHR opened at $74.51 on Friday. The firm has a 50 day simple moving average of $56.39 and a 200-day simple moving average of $36.77. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. Ichor Holdings, Ltd. has a one year low of $13.12 and a one year high of $78.00. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of -50.34 and a beta of 1.87.

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

Institutional Trading of Ichor

Several hedge funds have recently added to or reduced their stakes in the company. Gabelli Funds LLC acquired a new stake in Ichor in the first quarter valued at approximately $979,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Ichor during the first quarter worth approximately $219,000. Sei Investments Co. raised its holdings in Ichor by 61.7% during the first quarter. Sei Investments Co. now owns 113,531 shares of the technology company’s stock worth $5,292,000 after purchasing an additional 43,320 shares in the last quarter. State of Wyoming raised its holdings in Ichor by 100.4% during the first quarter. State of Wyoming now owns 6,482 shares of the technology company’s stock worth $302,000 after purchasing an additional 3,248 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new stake in Ichor during the first quarter worth approximately $227,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Analysts Set New Price Targets

ICHR has been the subject of several recent research reports. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a research note on Friday, May 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research note on Friday, March 27th. Oppenheimer raised their price objective 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. B. Riley Financial reissued a “buy” rating on shares of Ichor in a research note on Monday, April 20th. Finally, Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research note on Sunday, February 15th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ichor has a consensus rating of “Moderate Buy” and an average price target of $64.57.

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.