Marc Haugen Sells 9,923 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Marc Haugen sold 9,923 shares of Ichor stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53. Following the completion of the transaction, the director directly owned 16,162 shares in the company, valued at approximately $1,165,441.82. The trade was a 38.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• 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 value of $987,986.25.

Ichor Stock Up 4.5%

ICHR stock traded up $3.19 on Friday, hitting $74.42. 1,067,914 shares of the company’s stock were exchanged, compared to its average volume of 979,360. Ichor Holdings, Ltd. has a 12-month low of $13.12 and a 12-month high of $75.35. The firm has a 50 day moving average price of $53.74 and a two-hundred day moving average price of $34.92. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.38 and a current ratio of 2.82. The stock has a market cap of $2.59 billion, a P/E ratio of -50.28 and a beta of 1.87.

Ichor (NASDAQ:ICHR) last released its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.02. The company had revenue of $256.07 million for 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%. Ichor’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities research analysts expect that Ichor Holdings, Ltd. will post 0.73 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on ICHR. Oppenheimer upped their target price on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday. Needham & Company LLC upped their target price on Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday. Wall Street Zen upgraded Ichor from a “strong sell” rating to a “hold” rating in a research note on Sunday, February 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Finally, B. Riley Financial reissued a “buy” rating on shares of Ichor in a report on Monday, April 20th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $64.57.

Hedge Funds Weigh In On Ichor

Several hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its stake in shares of Ichor by 34.5% in the first quarter. PNC Financial Services Group Inc. now owns 3,385 shares of the technology company’s stock worth $158,000 after buying an additional 868 shares in the last quarter. KBC Group NV purchased a new position in shares of Ichor in the first quarter worth about $44,000. Illinois Municipal Retirement Fund lifted its stake in shares of Ichor by 10.1% in the first quarter. Illinois Municipal Retirement Fund now owns 18,627 shares of the technology company’s stock worth $868,000 after buying an additional 1,707 shares in the last quarter. Calamos Advisors LLC purchased a new position in shares of Ichor in the first quarter worth about $1,870,000. Finally, Principal Financial Group Inc. lifted its stake in shares of Ichor by 2.1% in the first quarter. Principal Financial Group Inc. now owns 167,350 shares of the technology company’s stock worth $7,800,000 after buying an additional 3,494 shares in the last quarter. 94.81% of the stock is owned by hedge funds and other institutional investors.

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.