Iain Mackenzie Sells 20,000 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Iain MacKenzie sold 20,000 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $50.66, for a total transaction of $1,013,200.00. Following the completion of the sale, the director owned 102,427 shares in the company, valued at $5,188,951.82. This represents a 16.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Iain Mackenzie also recently made the following trade(s):

• On Tuesday, August 18th, Iain MacKenzie sold 9,933 shares of Ichor stock. The shares were sold at an average price of $65.76, for a total transaction of $653,194.08.

Ichor Price Performance

NASDAQ:ICHR traded up $0.33 on Wednesday, reaching $51.42. The stock had a trading volume of 581,395 shares, compared to its average volume of 996,228. The company has a quick ratio of 2.07, a current ratio of 3.70 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $1.93 billion, a P/E ratio of -43.95 and a beta of 1.81. Ichor Holdings, Ltd. has a 1-year low of $14.06 and a 1-year high of $113.58. The stock has a fifty day moving average price of $69.98 and a 200-day moving average price of $67.89.

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Versant Capital Management Inc raised its stake in shares of 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 buying an additional 126 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Ichor in the second quarter valued at approximately $45,000. Allworth Financial LP grew its holdings in Ichor by 125.1% during the 2nd quarter. Allworth Financial LP now owns 421 shares of the technology company’s stock worth $47,000 after acquiring an additional 234 shares during the period. AdvisorNet Financial Inc acquired a new position in shares of Ichor in the 1st quarter valued at $37,000. Finally, KBC Group NV acquired a new position in shares of Ichor in the 1st quarter valued at $44,000. Institutional investors own 94.81% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. TD Cowen reduced their price target on shares of Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. DA Davidson set a $85.00 target price on shares of Ichor in a research note on Wednesday, August 5th. Needham & Company LLC upped their target price on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Zacks Research raised shares of Ichor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 19th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.00.

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, manufactures and services critical fluid-delivery systems and components used in semiconductor manufacturing equipment. Its products help control and deliver gases and chemicals used in processes such as wafer fabrication, including deposition, etching and cleaning.

The company’s offerings include gas and chemical delivery modules, fluid-management systems, precision-machined components, weldments and related assemblies. Ichor also provides capabilities such as precision machining, welding, electropolishing, cleaning and component testing, allowing it to supply integrated subsystems to semiconductor capital-equipment manufacturers.

Founded in 1999 and headquartered in Fremont, California, Ichor serves a global customer base through engineering and manufacturing operations in North America, Europe and Asia.