Marc Haugen Sells 5,337 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) Director Marc Haugen sold 5,337 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total value of $403,637.31. Following the completion of the transaction, the director directly owned 10,825 shares in the company, valued at approximately $818,694.75. This trade represents a 33.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Marc Haugen also recently made the following trade(s):

• On Friday, May 8th, Marc Haugen sold 9,923 shares of Ichor stock. The stock was sold at an average price of $72.11, for a total value of $715,547.53.
• On Monday, February 23rd, Marc Haugen sold 19,875 shares of Ichor stock. The stock was sold at an average price of $49.71, for a total value of $987,986.25.

Ichor Trading Up 1.4%

NASDAQ:ICHR traded up $1.04 during midday trading on Wednesday, hitting $74.32. The stock had a trading volume of 771,205 shares, compared to its average volume of 978,264. Ichor Holdings, Ltd. has a one year low of $13.12 and a one year high of $78.00. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of -50.22 and a beta of 1.87. The stock has a 50-day moving average of $55.30 and a 200 day moving average of $36.04. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17.

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

Institutional Trading of Ichor

A number of hedge funds have recently bought and sold shares of ICHR. Steward Partners Investment Advisory LLC purchased a new stake in shares of Ichor during the 4th quarter valued at $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Ichor during the 2nd quarter valued at $27,000. Hantz Financial Services Inc. lifted its holdings in shares of Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after purchasing an additional 590 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Ichor during the 3rd quarter valued at $28,000. Finally, AdvisorNet Financial Inc purchased a new stake in shares of Ichor during the 1st quarter valued at $37,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Wall Street Analysts Forecast Growth

ICHR has been the topic of several research analyst reports. B. Riley Financial reissued a “buy” rating on shares of Ichor in a research note on Monday, April 20th. Craig Hallum restated a “buy” rating and set a $36.00 target price on shares of Ichor in a report on Wednesday, January 14th. Stifel Nicolaus set a $76.00 target price on Ichor in a report on Friday, May 1st. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Friday, March 27th. Finally, DA Davidson upped their target price on Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $64.57.

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.