SG Americas Securities LLC Sells 6,798 Shares of Ichor Holdings, Ltd. $ICHR

SG Americas Securities LLC lowered its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 26.1% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 19,275 shares of the technology company’s stock after selling 6,798 shares during the period. SG Americas Securities LLC’s holdings in Ichor were worth $898,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ICHR. Vanguard Group Inc. raised its stake in shares of Ichor by 4.7% in the fourth 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 holdings in Ichor by 141.2% during the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after buying an additional 1,770,425 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in Ichor by 15.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock worth $36,080,000 after buying an additional 259,417 shares in the last quarter. Royce & Associates LP raised its position in Ichor by 48.5% in the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after buying an additional 473,440 shares during the last quarter. Finally, State Street Corp raised its position 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 last quarter. 94.81% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Ichor news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total transaction of $961,953.95. Following the completion of the transaction, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at approximately $11,586,824.82. This represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 5,337 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total value of $403,637.31. Following the completion of the sale, the director directly owned 10,825 shares of the company’s stock, valued at $818,694.75. This represents a 33.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 79,447 shares of company stock worth $5,678,621 in the last three months. Insiders own 1.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a report on Friday, May 1st. Oppenheimer increased 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. B. Riley Financial raised their price target on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. Finally, TD Cowen upped their price objective on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $71.71.

Ichor Price Performance

Shares of NASDAQ:ICHR opened at $98.22 on Monday. The company has a market capitalization of $3.42 billion, a P/E ratio of -66.36 and a beta of 1.78. The company’s 50-day moving average is $78.89 and its 200 day moving average is $53.16. 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 fifty-two week low of $13.12 and a fifty-two week high of $113.58.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, equities research analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.

Ichor 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.