Ichor (NASDAQ:ICHR) Shares Gap Up – Here’s What Happened

Ichor Holdings, Ltd. (NASDAQ:ICHR)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $83.69, but opened at $89.10. Ichor shares last traded at $89.0190, with a volume of 64,588 shares trading hands.

Wall Street Analyst Weigh In

Several research firms have weighed in on ICHR. Needham & Company LLC lifted their price objective 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. Stifel Nicolaus boosted their target price 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. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. TD Cowen raised their target price on Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Zacks Research upgraded Ichor from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Ichor has a consensus rating of “Moderate Buy” and a consensus target price of $82.29.

Ichor Stock Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of -64.41 and a beta of 1.78. The firm’s fifty day moving average is $84.27 and its 200 day moving average is $59.84.

Ichor (NASDAQ:ICHR) last released its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $251.32 million. During the same quarter in the prior year, the business earned $0.12 EPS. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, analysts predict that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jorge Titinger sold 4,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total value of $256,840.00. Following the transaction, the director directly owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This represents a 24.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Laura A. Black sold 20,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $75.02, for a total value of $1,500,400.00. Following the sale, the director owned 20,462 shares of the company’s stock, valued at approximately $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 79,447 shares of company stock valued at $5,678,621 in the last three months. Company insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several institutional investors have recently made changes to their positions in ICHR. Steward Partners Investment Advisory LLC acquired a new position in Ichor in the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in Ichor in the second quarter valued at approximately $27,000. Hantz Financial Services Inc. lifted its stake in Ichor by 64.8% in the fourth 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. Versant Capital Management Inc grew its position in Ichor by 100.0% in the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after acquiring an additional 126 shares in the last quarter. Finally, Danske Bank A S bought a new stake in Ichor in the third quarter worth approximately $28,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ichor Company Profile

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.