Insider Selling: Ichor (NASDAQ:ICHR) Director Sells $653,194.08 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Iain Mackenzie sold 9,933 shares of Ichor stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $65.76, for a total value of $653,194.08. Following the completion of the transaction, the director directly owned 122,427 shares in the company, valued at $8,050,799.52. This represents a 7.50% decrease in their position. The sale 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

NASDAQ ICHR opened at $60.20 on Friday. The stock’s 50-day moving average price is $83.95 and its two-hundred day moving average price is $66.19. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The company has a market cap of $2.25 billion, a PE ratio of -51.45 and a beta of 1.82. Ichor Holdings, Ltd. has a 1 year low of $14.06 and a 1 year high of $113.58.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ICHR. Invesco Ltd. lifted its position in Ichor by 141.2% in the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after buying an additional 1,770,425 shares in the last quarter. Millennium Management LLC boosted its stake in shares of 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 buying an additional 807,792 shares during the period. Royce & Associates LP grew its holdings in shares of 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. Wellington Management Group LLP grew its holdings in shares of Ichor by 54.3% during the 2nd quarter. Wellington Management Group LLP now owns 1,108,844 shares of the technology company’s stock valued at $124,501,000 after acquiring an additional 390,017 shares in the last quarter. Finally, J. Goldman & Co LP acquired a new position in shares of Ichor in the fourth quarter worth $6,663,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Analyst Ratings Changes

ICHR has been the subject of a number of recent analyst reports. Needham & Company LLC raised their price objective on shares of Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Zacks Research upgraded Ichor from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Oppenheimer lifted their price target on Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a report on Tuesday, August 4th. DA Davidson set a $85.00 price target on Ichor in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus increased their price objective on Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. One 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 issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $87.00.

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.