Key Points
- Ichor COO Bruce Ragsdale sold 2,149 shares at an average price of $65.47, totaling about $140,695. The sale was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding tied to vested equity awards, reducing his ownership by 2.37%.
- Ichor reported quarterly EPS of $0.34, ahead of the $0.31 analyst consensus, while revenue of $294.78 million fell short of estimates. Revenue increased 22.7% year over year, and the company guided to third-quarter EPS of $0.40–$0.50.
- Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $87, although targets and ratings were mixed. Institutional investors own approximately 94.81% of the company’s shares.
Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) CFO Greg Swyt sold 689 shares of the firm's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $65.01, for a total transaction of $44,791.89. Following the completion of the sale, the chief financial officer owned 47,143 shares of the company's stock, valued at approximately $3,064,766.43. The trade was a 1.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Greg Swyt also recently made the following trade(s):
- On Tuesday, September 8th, Greg Swyt sold 2,068 shares of Ichor stock. The stock was sold at an average price of $58.02, for a total value of $119,985.36.
Ichor Stock Performance
NASDAQ ICHR opened at $63.33 on Tuesday. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of -54.13 and a beta of 1.79. The business's 50 day moving average is $61.00 and its two-hundred day moving average is $69.25. Ichor Holdings, Ltd. has a 12-month low of $14.06 and a 12-month high of $113.58. 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 (NASDAQ:ICHR - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.31 by $0.03. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The business had revenue of $294.78 million during the quarter, compared to analysts' expectations of $300.17 million. During the same period last year, the firm earned $0.03 EPS. The company's quarterly revenue was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Research analysts expect that Ichor Holdings, Ltd. will post 1.13 EPS for the current year.
Institutional Trading of Ichor
Large investors have recently bought and sold shares of the company. Tidal Investments LLC increased its position in shares of Ichor by 30.1% in the second quarter. Tidal Investments LLC now owns 12,866 shares of the technology company's stock valued at $1,445,000 after buying an additional 2,978 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC purchased a new stake in shares of Ichor in the 2nd quarter worth about $288,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Ichor in the 2nd quarter worth about $45,000. NewEdge Advisors LLC grew its stake in Ichor by 1,712.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,613 shares of the technology company's stock valued at $181,000 after acquiring an additional 1,524 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in Ichor in the 2nd quarter valued at about $894,000. Institutional investors and hedge funds own 94.81% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts have commented on ICHR shares. TD Cowen decreased their target price on shares of Ichor from $115.00 to $100.00 and set a "buy" rating on the stock in a research report on Tuesday, August 4th. Stifel Nicolaus raised their price objective on shares of Ichor from $76.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, July 10th. Needham & Company LLC boosted their price objective on shares of Ichor from $72.00 to $88.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. DA Davidson set a $85.00 price objective on shares of Ichor in a report on Wednesday, August 5th. Finally, Zacks Research upgraded shares of Ichor from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $87.00.
Read Our Latest Stock Report on Ichor
About Ichor
(
Get Free Report)
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.
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