Key Points
- Ichor Director Laura Black sold 20,000 shares on June 2 at an average price of $75.02, for proceeds of about $1.5 million. After the sale, she still held 20,462 shares, cutting her stake by roughly 49.4%.
- ICHR shares rose 7.1% and opened at $74.95, near the stock’s 52-week high of $78.00. The company now has a market cap of about $2.61 billion.
- Ichor beat earnings and revenue expectations in its latest quarterly report, posting EPS of $0.15 versus $0.13 expected and revenue of $256.07 million versus $251.32 million expected. The company also issued Q2 2026 EPS guidance of 0.25 to 0.35.
Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) Director Laura Black sold 20,000 shares of the business's stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the sale, the director directly owned 20,462 shares of the company's stock, valued at $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Ichor Stock Up 7.1%
Shares of NASDAQ ICHR opened at $74.95 on Wednesday. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $78.00. The firm has a fifty day moving average of $62.38 and a 200-day moving average of $41.00. The stock has a market capitalization of $2.61 billion, a PE ratio of -50.64 and a beta of 1.87. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17.
Ichor (NASDAQ:ICHR - Get Free Report) last announced 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 firm had revenue of $256.07 million during the quarter, compared to analysts' expectations of $251.32 million. During the same period in the prior year, the company earned $0.12 EPS. The firm's revenue was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, analysts anticipate that Ichor Holdings, Ltd. will post 0.97 EPS for the current year.
Wall Street Analyst Weigh In
ICHR has been the subject of a number of research reports. Needham & Company LLC upped their price target on shares of Ichor from $48.00 to $72.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Wall Street Zen raised shares of Ichor from a "strong sell" rating to a "hold" rating in a research report on Sunday, February 15th. B. Riley Financial reaffirmed a "buy" rating on shares of Ichor in a research report on Monday, April 20th. TD Cowen upped their price target on shares of Ichor from $55.00 to $80.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Finally, Oppenheimer upped their price target on shares of Ichor from $36.00 to $60.00 and gave the stock a "market perform" rating in a research report 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 issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $64.57.
Check Out Our Latest Report on Ichor
Hedge Funds Weigh In On Ichor
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AdvisorNet Financial Inc purchased a new position in Ichor in the 1st quarter valued at about $37,000. KBC Group NV purchased a new position in Ichor in the 1st quarter valued at about $44,000. Newbridge Financial Services Group Inc. purchased a new position in Ichor in the 2nd quarter valued at about $27,000. Steward Partners Investment Advisory LLC purchased a new position in Ichor in the 4th quarter valued at about $26,000. Finally, Hantz Financial Services Inc. boosted its position in Ichor by 64.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company's stock valued at $28,000 after buying an additional 590 shares during the last quarter. 94.81% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
