Ichor (NASDAQ:ICHR) Shares Gap Up – Time to Buy?

Ichor Holdings, Ltd. (NASDAQ:ICHR) shares gapped up prior to trading on Monday. The stock had previously closed at $42.11, but opened at $44.77. Ichor shares last traded at $44.0990, with a volume of 137,947 shares traded.

Wall Street Analysts Forecast Growth

ICHR has been the topic of several analyst reports. UBS Group set a $82.00 price target on shares of Ichor in a research note on Thursday, October 8th. DA Davidson upgraded Ichor to a “strong-buy” rating in a research report on Monday, October 5th. B. Riley Financial decreased their price objective on Ichor from $125.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Monday, September 21st. Finally, Wall Street Zen raised shares of Ichor from a “hold” rating to a “buy” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $85.89.

Ichor Stock Up 4.9%

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’s 50 day moving average is $58.07 and its two-hundred day moving average is $69.64. The company has a market capitalization of $1.65 billion, a PE ratio of -37.82 and a beta of 1.79.

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

Insider Buying and Selling

In related news, CFO Greg Swyt sold 2,068 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $58.02, for a total value of $119,985.36. Following the completion of the sale, the chief financial officer directly owned 47,832 shares in the company, valued at $2,775,212.64. This trade represents a 4.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Bruce Ragsdale sold 10,587 shares of Ichor stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $51.93, for a total transaction of $549,782.91. Following the transaction, the chief operating officer directly owned 92,324 shares of the company’s stock, valued at $4,794,385.32. The trade was a 10.29% 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 quarter, insiders sold 46,740 shares of company stock worth $2,602,960. 1.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Ichor

Institutional investors have recently made changes to their positions in the company. Triumph Capital Management purchased a new position in Ichor during the 3rd quarter valued at $1,274,000. GK Wealth Management LLC purchased a new stake in Ichor in the 3rd quarter valued at about $309,000. GAMMA Investing LLC grew its stake in Ichor by 11.5% in the 3rd quarter. GAMMA Investing LLC now owns 2,565 shares of the technology company’s stock worth $159,000 after acquiring an additional 264 shares in the last quarter. Central Pacific Bank Trust Division grew its stake in Ichor by 16.8% in the 3rd quarter. Central Pacific Bank Trust Division now owns 13,286 shares of the technology company’s stock worth $822,000 after acquiring an additional 1,914 shares in the last quarter. Finally, Tidal Investments LLC raised its stake in shares of Ichor by 30.1% during the second quarter. Tidal Investments LLC now owns 12,866 shares of the technology company’s stock valued at $1,445,000 after acquiring an additional 2,978 shares in the last quarter. Institutional investors own 94.81% of the company’s stock.

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, engineers and manufactures critical fluid-delivery subsystems and components used in semiconductor manufacturing equipment. Its products help deliver, control and distribute gases and chemicals used in wafer fabrication processes.

The company’s offerings include gas and chemical delivery systems, precision-machined components, weldments, assemblies and other specialized components for semiconductor capital equipment. Ichor primarily serves original equipment manufacturers and other customers involved in the production of semiconductor devices.

Founded in 1999, Ichor is headquartered in Fremont, California, and operates manufacturing and engineering facilities across several regions, including North America, Europe and Asia.