Key Points
- Ichor director Marc Haugen sold 5,337 shares on May 13 at an average price of $75.63, totaling about $403,637. After the sale, he still held 10,825 shares, a 33.02% reduction in his position.
- Haugen has been actively selling shares recently, including 9,923 shares on May 8 and 19,875 shares on February 23, indicating a broader pattern of insider selling.
- Ichor reported better-than-expected quarterly results on May 4, with EPS of $0.15 versus estimates of $0.13 and revenue of $256.07 million, while analysts currently have a consensus rating of “Moderate Buy” and a target price of $64.57.
Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) Director Marc Haugen sold 5,337 shares of the firm's stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total transaction of $403,637.31. Following the completion of the sale, the director owned 10,825 shares of the company's stock, valued at $818,694.75. This trade represents a 33.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Marc Haugen also recently made the following trade(s):
- On Friday, May 8th, Marc Haugen sold 9,923 shares of Ichor stock. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53.
- On Monday, February 23rd, Marc Haugen sold 19,875 shares of Ichor stock. The shares were sold at an average price of $49.71, for a total value of $987,986.25.
Ichor Price Performance
Shares of ICHR opened at $74.32 on Thursday. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $78.00. The stock's 50 day moving average is $55.81 and its two-hundred day moving average is $36.41. The firm has a market capitalization of $2.58 billion, a PE ratio of -50.22 and a beta of 1.87. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17.
Ichor (NASDAQ:ICHR - Get Free Report) last posted its quarterly earnings results 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. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The business had revenue of $256.07 million for the quarter, compared to analysts' expectations of $251.32 million. During the same period in the prior year, the company posted $0.12 EPS. The business's revenue for the quarter was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Research analysts anticipate that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current year.
Institutional Trading of Ichor
A number of hedge funds have recently bought and sold shares of ICHR. Royal Bank of Canada boosted its position in Ichor by 27.7% during the first quarter. Royal Bank of Canada now owns 9,891 shares of the technology company's stock worth $224,000 after acquiring an additional 2,146 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Ichor by 4.6% during the first 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 boosted its position in Ichor by 286.0% during the first 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 boosted its position in Ichor by 75.9% during the second quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company's stock worth $473,000 after acquiring an additional 10,400 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in Ichor by 243.1% during the second quarter. Federated Hermes Inc. now owns 107,629 shares of the technology company's stock worth $2,114,000 after acquiring an additional 76,257 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company's stock.
Analysts Set New Price Targets
Several equities analysts recently weighed in on the company. DA Davidson raised their price objective on Ichor from $30.00 to $53.00 and gave the company a "buy" rating in a research note on Wednesday, February 11th. Craig Hallum restated a "buy" rating and set a $36.00 target price on shares of Ichor in a report on Wednesday, January 14th. TD Cowen raised their target price on shares of Ichor from $55.00 to $80.00 and gave the company a "buy" rating in a report on Tuesday, May 5th. Oppenheimer raised their target price on shares of Ichor from $36.00 to $60.00 and gave the company a "market perform" rating in a report on Tuesday, May 5th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Ichor in a report on Friday, March 27th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Ichor currently has an average rating of "Moderate Buy" and a consensus target price of $64.57.
Read Our Latest Stock Analysis on Ichor
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.
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