Ichor (NASDAQ:ICHR) Director Iain Mackenzie Sells 20,000 Shares

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Iain MacKenzie sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $50.66, for a total transaction of $1,013,200.00. Following the completion of the sale, the director owned 102,427 shares of the company’s stock, valued at approximately $5,188,951.82. This trade represents a 16.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 stock was sold at an average price of $65.76, for a total value of $653,194.08.

Ichor Stock Performance

Shares of ICHR stock opened at $51.42 on Thursday. Ichor Holdings, Ltd. has a 12-month low of $14.06 and a 12-month high of $113.58. The business’s fifty day simple moving average is $69.24 and its 200-day simple moving average is $67.93. The company has a current ratio of 3.70, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The company has a market cap of $1.93 billion, a PE ratio of -43.95 and a beta of 1.81.

Ichor (NASDAQ:ICHR) last announced its earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, topping 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 firm had revenue of $294.78 million for the quarter, compared to the consensus estimate of $300.17 million. During the same period in the previous year, the business earned $0.03 EPS. The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Analysts expect that Ichor Holdings, Ltd. will post 1.13 earnings per share for the current fiscal year.

Institutional Trading of Ichor

Several institutional investors and hedge funds have recently bought and sold shares of ICHR. Tidal Investments LLC boosted its holdings in shares of Ichor by 30.1% in the 2nd quarter. Tidal Investments LLC now owns 12,866 shares of the technology company’s stock valued at $1,445,000 after acquiring an additional 2,978 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC purchased a new position in shares of Ichor during the second quarter worth $288,000. Integrated Wealth Concepts LLC purchased a new position in shares of Ichor during the second quarter worth $45,000. NewEdge Advisors LLC lifted its position in Ichor by 1,712.4% during the second quarter. NewEdge Advisors LLC now owns 1,613 shares of the technology company’s stock valued at $181,000 after purchasing an additional 1,524 shares during the period. Finally, Squarepoint Ops LLC acquired a new position in Ichor during the second quarter valued at $894,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. B. Riley Financial decreased their price target on shares of Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Oppenheimer upped 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. Needham & Company LLC upped their target price on Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Finally, Stifel Nicolaus lifted their price target on Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.00.

About Ichor

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.