Key Points
- Ichor director Iain MacKenzie sold 20,000 shares at an average price of $50.66, generating $1.01 million; the transaction, conducted under a Rule 10b5-1 plan, reduced his stake by 16.34% to 102,427 shares.
- Ichor’s shares opened at $51.42, well below their 50-day and 200-day moving averages of $69.24 and $67.93, respectively. The stock has traded between $14.06 and $113.58 over the past year.
- The company exceeded quarterly EPS expectations but missed revenue estimates, while analysts maintain a “Moderate Buy” consensus with an $87 target price. Institutional investors own approximately 94.81% of the stock.
Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) Director Iain MacKenzie sold 20,000 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $50.66, for a total value of $1,013,200.00. Following the completion of the sale, the director owned 102,427 shares in the company, valued at $5,188,951.82. The trade was a 16.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Iain Mackenzie also recently made the following trade(s):
- On Tuesday, August 18th, Iain MacKenzie sold 9,933 shares of Ichor stock. The shares were sold at an average price of $65.76, for a total value of $653,194.08.
Ichor Trading Up 0.6%
Shares of NASDAQ:ICHR opened at $51.42 on Thursday. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. Ichor Holdings, Ltd. has a 12-month low of $14.06 and a 12-month high of $113.58. The business has a 50 day moving average of $69.24 and a two-hundred day moving average of $67.93. The company has a market capitalization of $1.93 billion, a PE ratio of -43.95 and a beta of 1.81.
Ichor (NASDAQ:ICHR - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.03. The business had revenue of $294.78 million for the quarter, compared to analysts' expectations 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 revenue was up 22.7% on a year-over-year basis. During the same quarter last year, the company earned $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. As a group, analysts forecast that Ichor Holdings, Ltd. will post 1.13 EPS for the current year.
Analyst Ratings Changes
ICHR has been the topic of several analyst reports. Wall Street Zen lowered shares of Ichor from a "buy" rating to a "hold" rating in a research report on Sunday. DA Davidson set a $85.00 price objective on shares of Ichor in a research report on Wednesday, August 5th. B. Riley Financial lowered their target price on shares of Ichor from $125.00 to $105.00 and set a "buy" rating on the stock in a research note on Tuesday, August 4th. Oppenheimer raised their target price on Ichor from $60.00 to $80.00 and gave the company a "market perform" rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Ichor in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $87.00.
Get Our Latest Research Report on ICHR
Institutional Investors Weigh In On Ichor
Institutional investors have recently added to or reduced their stakes in the stock. Royce & Associates LP raised its position in shares of Ichor by 48.5% in the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company's stock valued at $26,707,000 after buying an additional 473,440 shares during the last quarter. Wellington Management Group LLP boosted its position in Ichor by 54.3% during the second quarter. Wellington Management Group LLP now owns 1,108,844 shares of the technology company's stock worth $124,501,000 after acquiring an additional 390,017 shares during the last quarter. Kennedy Capital Management LLC boosted its position in Ichor by 20.9% during the fourth quarter. Kennedy Capital Management LLC now owns 892,524 shares of the technology company's stock worth $16,449,000 after acquiring an additional 154,404 shares during the last quarter. 1492 Capital Management LLC purchased a new stake in Ichor during the 1st quarter valued at about $2,919,000. Finally, Hsbc Holdings PLC purchased a new stake in Ichor during the 4th quarter valued at about $1,101,000. Institutional investors and hedge funds own 94.81% of the company's stock.
Ichor Company Profile
(
Get Free Report)
Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, manufactures and services critical fluid-delivery systems and components used in semiconductor manufacturing equipment. Its products help control and deliver gases and chemicals used in processes such as wafer fabrication, including deposition, etching and cleaning.
The company's offerings include gas and chemical delivery modules, fluid-management systems, precision-machined components, weldments and related assemblies. Ichor also provides capabilities such as precision machining, welding, electropolishing, cleaning and component testing, allowing it to supply integrated subsystems to semiconductor capital-equipment manufacturers.
Founded in 1999 and headquartered in Fremont, California, Ichor serves a global customer base through engineering and manufacturing operations in North America, Europe and Asia.
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