Needham Investment Management LLC Raises Stake in Ichor Holdings, Ltd. $ICHR

Needham Investment Management LLC increased its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 31.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 158,000 shares of the technology company’s stock after purchasing an additional 38,000 shares during the period. Needham Investment Management LLC’s holdings in Ichor were worth $2,912,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Royal Bank of Canada raised its stake in Ichor by 27.7% in the first quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock valued at $224,000 after purchasing an additional 2,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Ichor by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after acquiring an additional 865 shares during the last quarter. Jane Street Group LLC grew its position in Ichor by 286.0% during the 1st quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock worth $1,205,000 after acquiring an additional 39,476 shares during the last quarter. Gamco Investors INC. ET AL grew its position in shares of Ichor by 75.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company’s stock worth $473,000 after buying an additional 10,400 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in shares of Ichor by 243.1% in the 2nd quarter. Federated Hermes Inc. now owns 107,629 shares of the technology company’s stock worth $2,114,000 after buying an additional 76,257 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors.

Insider Transactions at Ichor

In other news, CFO Greg Swyt sold 19,662 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $70.42, for a total value of $1,384,598.04. Following the completion of the transaction, the chief financial officer owned 60,971 shares of the company’s stock, valued at $4,293,577.82. This represents a 24.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 9,923 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $72.11, for a total value of $715,547.53. Following the transaction, the director directly owned 16,162 shares of the company’s stock, valued at approximately $1,165,441.82. The trade was a 38.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 79,447 shares of company stock valued at $5,678,621. 1.70% of the stock is owned by corporate insiders.

Ichor Stock Performance

NASDAQ:ICHR opened at $89.47 on Tuesday. The firm has a market capitalization of $3.12 billion, a PE ratio of -60.45 and a beta of 1.87. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The stock has a 50-day simple moving average of $67.96 and a two-hundred day simple moving average of $45.24. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $92.56.

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Stifel Nicolaus set a $76.00 price target on Ichor in a research report on Friday, May 1st. TD Cowen lifted their price objective on Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Oppenheimer upped their price target on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Finally, B. Riley Financial reiterated a “buy” rating on shares of Ichor in a research report on Monday, April 20th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Ichor presently has an average rating of “Moderate Buy” and an average price target of $64.57.

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.