Insider Selling: Ichor (NASDAQ:ICHR) CFO Sells 3,000 Shares of Stock

Key Points

  • Director Marc Haugen sold 19,875 ICHR shares on Feb. 23 at an average price of $49.71 for about $987,986, reducing his holding by 43.24% to 26,085 shares.
  • Ichor shares recently traded down to $46.75 (off $5.66), the company has a market cap of roughly $1.62 billion, a negative P/E (-30.05), and a 12‑month range of $13.12–$55.33.
  • Analysts are mixed—five Buys, three Holds and one Sell—producing a consensus "Hold" with an average target of $39.57, and institutional investors own about 94.8% of the stock.

Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) CFO Greg Swyt sold 3,000 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $51.20, for a total transaction of $153,600.00. Following the completion of the transaction, the chief financial officer directly owned 78,679 shares of the company's stock, valued at $4,028,364.80. This trade represents a 3.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Ichor Price Performance

NASDAQ ICHR traded down $4.23 during trading on Thursday, reaching $48.18. 448,828 shares of the company traded hands, compared to its average volume of 1,160,422. Ichor Holdings, Ltd. has a 1-year low of $13.12 and a 1-year high of $55.33. The company has a market cap of $1.67 billion, a price-to-earnings ratio of -31.47 and a beta of 1.89. The stock's 50 day moving average price is $31.08 and its two-hundred day moving average price is $22.62. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.38 and a current ratio of 3.16.

Wall Street Analysts Forecast Growth

ICHR has been the subject of a number of analyst reports. Needham & Company LLC lifted their price objective on Ichor from $36.00 to $48.00 and gave the company a "buy" rating in a report on Tuesday, February 10th. Oppenheimer lifted their price target on shares of Ichor from $32.00 to $36.00 and gave the company a "market perform" rating in a report on Tuesday, February 10th. Zacks Research upgraded shares of Ichor from a "strong sell" rating to a "hold" rating in a research report on Friday, December 5th. Wall Street Zen raised shares of Ichor from a "strong sell" rating to a "hold" rating in a report on Sunday, February 15th. Finally, TD Cowen reiterated a "buy" rating on shares of Ichor in a research note on Tuesday, February 10th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $39.57.




View Our Latest Research Report on ICHR

Key Stories Impacting Ichor

Here are the key news stories impacting Ichor this week:

  • Positive Sentiment: Sharp drop in short interest — Short interest fell 18.5% in February to 2,261,421 shares (about 6.7% of float), lowering the days-to-cover to ~1.4 days; less short pressure can reduce forced selling risk and support the stock.
  • Positive Sentiment: Ichor to present at Stifel Technology 1x1 conference — Management will get investor visibility that can help refine outlook and catalyze re-rating if guidance or commentary is favorable. Ichor to Participate in Upcoming Stifel Technology 1x1 Conference
  • Neutral Sentiment: Analyst mix is mixed but trending bullish — several firms reaffirmed/raised coverage (DA Davidson boosted its price target to $53; TD Cowen and Craig Hallum maintain buy ratings) while consensus remains a "Hold" with an average target near $39.57 — suggests diverging views rather than a clear catalyst.
  • Neutral Sentiment: Institutional position changes — A number of institutions (e.g., RBC, Jane Street) have recently increased stakes and 94.8% of shares are institutionally owned, which can stabilize trading but also concentrate flows.
  • Negative Sentiment: Large insider sales by senior executives — Multiple filings show sizable disposals by top insiders: COO Bruce Ragsdale sold 21,276 shares at ~$49.66 (Ragsdale Form 4), Director Marc Haugen sold 19,875 shares at ~$49.71 (Haugen Form 4), CFO Greg Swyt sold 3,000 shares at ~$51.20 (Swyt Form 4), and Director Jorge Titinger sold 1,200 shares at ~$50.11 (Titinger Form 4). The scale and timing of insider selling likely weighed on sentiment and contributed to the share decline today.

Institutional Investors Weigh In On Ichor

Institutional investors and hedge funds have recently made changes to their positions in the company. Newbridge Financial Services Group Inc. bought a new position in Ichor in the second quarter valued at about $27,000. Steward Partners Investment Advisory LLC bought a new position in Ichor in the fourth quarter valued at approximately $26,000. Hantz Financial Services Inc. raised its position in shares of Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company's stock valued at $28,000 after acquiring an additional 590 shares during the last quarter. Danske Bank A S acquired a new position in shares of Ichor in the 3rd quarter valued at $28,000. Finally, Nisa Investment Advisors LLC grew its stake in shares of Ichor by 1,060.9% during the second quarter. Nisa Investment Advisors LLC now owns 1,753 shares of the technology company's stock worth $34,000 after purchasing an additional 1,602 shares during the period. Institutional investors own 94.81% of the company's stock.

About Ichor

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Ichor (NASDAQ:ICHR)

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