Jorge Titinger Sells 4,000 Shares of Ichor (NASDAQ:ICHR) Stock

Ichor Holdings, Ltd. (NASDAQ:ICHRGet Free Report) Director Jorge Titinger sold 4,000 shares of Ichor stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $64.21, for a total value of $256,840.00. Following the completion of the transaction, the director owned 12,318 shares in the company, valued at $790,938.78. The trade was a 24.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Jorge Titinger also recently made the following trade(s):

  • On Monday, February 23rd, Jorge Titinger sold 1,200 shares of Ichor stock. The stock was sold at an average price of $50.11, for a total value of $60,132.00.

Ichor Stock Performance

Shares of NASDAQ ICHR opened at $65.76 on Thursday. 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 $2.29 billion, a price-to-earnings ratio of -44.43 and a beta of 1.87. The stock’s fifty day simple moving average is $58.34 and its 200 day simple moving average is $38.02. Ichor Holdings, Ltd. has a 52-week low of $13.12 and a 52-week high of $78.00.

Ichor (NASDAQ:ICHRGet Free Report) last issued its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. The business had revenue of $256.07 million for the quarter, compared to analysts’ expectations of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.12 EPS. 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 earnings per share for the current fiscal year.

Institutional Trading of Ichor

A number of institutional investors and hedge funds have recently made changes to their positions in ICHR. Invesco Ltd. lifted its position in shares of Ichor by 141.2% in the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after buying an additional 1,770,425 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Ichor by 497.2% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock worth $29,753,000 after buying an additional 1,413,870 shares during the last quarter. Millennium Management LLC lifted its position in shares of Ichor by 1,710.7% in the third quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock worth $14,980,000 after buying an additional 807,792 shares during the last quarter. Royce & Associates LP lifted its position in shares of Ichor by 48.5% in the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after buying an additional 473,440 shares during the last quarter. Finally, J. Goldman & Co LP acquired a new stake in shares of Ichor in the fourth quarter worth about $6,663,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ICHR. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. Wall Street Zen raised Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. B. Riley Financial reaffirmed a “buy” rating on shares of Ichor in a research report on Monday, April 20th. Oppenheimer raised their target price on Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. Finally, Stifel Nicolaus set a $76.00 target price on Ichor in a research report on Friday, May 1st. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ichor presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.57.

Read Our Latest Report on ICHR

About Ichor

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Ichor (NASDAQ:ICHR)

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