Rice Hall James & Associates LLC Reduces Position in Ichor Holdings, Ltd. $ICHR

Rice Hall James & Associates LLC lessened its holdings in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 205,397 shares of the technology company’s stock after selling 15,893 shares during the period. Rice Hall James & Associates LLC’s holdings in Ichor were worth $3,785,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ICHR. Barrow Hanley Mewhinney & Strauss LLC grew its stake in Ichor by 497.2% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock valued at $29,753,000 after acquiring an additional 1,413,870 shares in the last quarter. Millennium Management LLC grew its stake in Ichor by 1,710.7% during the 3rd quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after acquiring an additional 807,792 shares in the last quarter. Invesco Ltd. grew its stake in Ichor by 61.8% during the 3rd quarter. Invesco Ltd. now owns 1,253,457 shares of the technology company’s stock valued at $21,961,000 after acquiring an additional 478,952 shares in the last quarter. Royce & Associates LP grew its stake in Ichor by 48.5% during the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after acquiring an additional 473,440 shares in the last quarter. Finally, Heartland Advisors Inc. purchased a new stake in Ichor during the 4th quarter valued at about $5,529,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Stifel Nicolaus set a $76.00 price objective on shares of Ichor in a research note on Friday, May 1st. Oppenheimer increased their price target on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. B. Riley Financial reissued a “buy” rating on shares of Ichor in a research note on Monday, April 20th. TD Cowen increased their price target on shares of Ichor from $55.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Needham & Company LLC increased their price target on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note 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 given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $64.57.

Insider Transactions at Ichor

In other news, CEO Philip Ryan Sr. Barros sold 13,705 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $70.19, for a total value of $961,953.95. Following the transaction, the chief executive officer directly owned 165,078 shares in the company, valued at approximately $11,586,824.82. This represents a 7.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Greg Swyt sold 19,662 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the sale, the chief financial officer owned 60,971 shares in the company, valued at approximately $4,293,577.82. This trade represents a 24.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 79,447 shares of company stock worth $5,678,621. 1.70% of the stock is owned by company insiders.

Ichor Stock Performance

Shares of ICHR stock opened at $85.77 on Wednesday. The firm’s 50 day moving average price is $68.71 and its 200-day moving average price is $45.73. 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 one year low of $13.12 and a one year high of $92.56. The firm has a market cap of $2.99 billion, a P/E ratio of -57.95 and a beta of 1.87.

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

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.