Ichor (NASDAQ:ICHR) Stock Price Down 9.8% – Should You Sell?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) were down 9.8% on Monday . The company traded as low as $92.43 and last traded at $90.5010. Approximately 287,819 shares traded hands during trading, a decline of 73% from the average session volume of 1,055,056 shares. The stock had previously closed at $100.30.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Oppenheimer upped their price target on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. Stifel Nicolaus lifted their price target on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday. TD Cowen raised their price objective on shares of Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday. Needham & Company LLC increased 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. Finally, Zacks Research raised Ichor from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $82.29.

Ichor Stock Performance

The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of -61.76 and a beta of 1.78. The stock’s 50-day simple moving average is $81.40 and its 200 day simple moving average is $55.83.

Ichor (NASDAQ:ICHR) last announced its earnings results on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. The business had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Analysts expect that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Insider Buying and Selling at Ichor

In other Ichor news, Director Marc Haugen sold 9,923 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $72.11, for a total value of $715,547.53. Following the transaction, the director directly owned 16,162 shares in the company, valued at approximately $1,165,441.82. This trade represents a 38.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Philip Ryan Sr. Barros sold 13,705 shares of Ichor stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $70.19, for a total value of $961,953.95. Following the completion of the sale, the chief executive officer directly owned 165,078 shares of the company’s stock, valued at $11,586,824.82. This trade represents a 7.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 79,447 shares of company stock worth $5,678,621 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

Institutional Trading of Ichor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ICHR. Invesco Ltd. raised its holdings in Ichor by 141.2% during the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after purchasing an additional 1,770,425 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Ichor by 1,710.7% in the 3rd quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after purchasing an additional 807,792 shares during the last quarter. Royce & Associates LP boosted its stake in shares of Ichor by 48.5% in the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after purchasing an additional 473,440 shares during the last quarter. J. Goldman & Co LP acquired a new stake in shares of Ichor during the 4th quarter worth approximately $6,663,000. Finally, Heartland Advisors Inc. bought a new stake in shares of Ichor during the fourth quarter worth approximately $5,529,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

About Ichor

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.