Rep. Debbie Wasserman Schultz Unloads Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR)

Representative Debbie Wasserman Schultz (Democratic-Florida) recently sold shares of Ichor Holdings, Ltd. (NASDAQ:ICHR). In a filing disclosed on July 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Ichor stock on June 17th.

Ichor Price Performance

ICHR traded down $0.87 during trading hours on Friday, hitting $82.87. The company’s stock had a trading volume of 1,521,424 shares, compared to its average volume of 1,174,562. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of -55.99 and a beta of 1.78. The business’s 50-day moving average price is $83.27 and its 200-day moving average price is $58.03. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17. Ichor Holdings, Ltd. has a 12 month low of $13.12 and a 12 month high of $113.58.

Ichor (NASDAQ:ICHR) last released its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 EPS 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 business had revenue of $256.07 million during the quarter, compared to analyst estimates of $251.32 million. During the same quarter last year, the business earned $0.12 earnings per share. Ichor’s quarterly 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. Sell-side analysts expect that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Insider Buying and Selling

In other 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 transaction of $715,547.53. Following the transaction, the director owned 16,162 shares of the company’s stock, valued at approximately $1,165,441.82. This represents a 38.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 transaction, the director directly owned 20,462 shares in the company, valued at $1,535,059.24. The trade was a 49.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,447 shares of company stock valued at $5,678,621 over the last 90 days. 1.70% of the stock is owned by insiders.

Institutional Trading of Ichor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. purchased a new stake in Ichor in the 2nd quarter valued at about $5,165,000. Versant Capital Management Inc increased its position in shares of Ichor by 100.0% during 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 during the period. Lombard Odier Asset Management Europe Ltd purchased a new position in shares of Ichor during the first quarter worth approximately $2,684,000. Amundi bought a new stake in shares of Ichor during the first quarter valued at approximately $217,000. Finally, California State Teachers Retirement System raised its stake in shares of Ichor by 31.1% during the first quarter. California State Teachers Retirement System now owns 40,806 shares of the technology company’s stock valued at $1,902,000 after acquiring an additional 9,677 shares in the last quarter. 94.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ICHR has been the subject of a number of analyst reports. Needham & Company LLC increased their price target on shares of Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Oppenheimer upped their price objective on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. B. Riley Financial raised their price objective on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Finally, TD Cowen lifted their target price on Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. One investment 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 MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $82.29.

About Representative Wasserman Schultz

Debbie Wasserman Schultz (Democratic Party) is a member of the U.S. House, representing Florida’s 25th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Wasserman Schultz (Democratic Party) is running for re-election to the U.S. House to represent Florida’s 25th Congressional District. She declared candidacy for the 2026 election.

Debbie Wasserman Schultz was born in Forest Hills, New York. Wasserman Schultz graduated from Half Hollow Hills High School East in 1984. She earned a B.A. and M.A. from the University of Florida in 1988 and 1990, respectively. Wasserman Schultz’s career experience includes working as a staffer to former U.S. Representative Peter Deutsch.

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.