Greg Swyt Sells 2,068 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) CFO Greg Swyt sold 2,068 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $58.02, for a total value of $119,985.36. Following the completion of the sale, the chief financial officer directly owned 47,832 shares in the company, valued at approximately $2,775,212.64. The trade was a 4.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Price Performance

Shares of NASDAQ:ICHR opened at $57.88 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70. The business’s fifty day moving average price is $73.22 and its two-hundred day moving average price is $67.84. The stock has a market cap of $2.17 billion, a PE ratio of -49.47 and a beta of 1.81. Ichor Holdings, Ltd. has a one year low of $14.06 and a one year high of $113.58.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The company had revenue of $294.78 million during the quarter, compared to analysts’ expectations of $300.17 million. During the same period in the previous year, the firm posted $0.03 earnings per share. The business’s revenue for the quarter was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, analysts forecast that Ichor Holdings, Ltd. will post 1.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. B. Riley Financial reduced their price objective on shares of Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Stifel Nicolaus raised their target price on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Zacks Research raised shares of Ichor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 19th. Finally, TD Cowen cut their price target on Ichor from $115.00 to $100.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $87.00.

Institutional Trading of Ichor

Institutional investors and hedge funds have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC purchased a new position in shares of Ichor in the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. purchased a new stake in Ichor during the second quarter valued at about $27,000. Hantz Financial Services Inc. increased its stake in Ichor by 64.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after acquiring an additional 590 shares during the last quarter. Versant Capital Management Inc increased its stake in Ichor by 100.0% during the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after acquiring an additional 126 shares during the last quarter. Finally, Danske Bank A S purchased a new position in shares of Ichor in the 3rd quarter worth about $28,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

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.