Ichor (NASDAQ:ICHR) Shares Down 10.1% – Time to Sell?

Shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) fell 10.1% during trading on Monday . The stock traded as low as $79.12 and last traded at $77.7850. 184,239 shares changed hands during trading, a decline of 82% from the average session volume of 1,037,229 shares. The stock had previously closed at $86.55.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ICHR. Oppenheimer raised their price target on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. TD Cowen increased their target price on shares of Ichor from $80.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Zacks Research downgraded shares of Ichor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Stifel Nicolaus raised their target price on shares of Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ichor has an average rating of “Moderate Buy” and a consensus target price of $82.29.

Ichor Trading Down 13.0%

The stock has a market cap of $2.37 billion, a price-to-earnings ratio of -46.01 and a beta of 1.78. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The company’s fifty day moving average price is $85.23 and its 200-day moving average price is $61.53.

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

Insider Transactions at Ichor

In other Ichor news, Director Marc Haugen sold 9,923 shares of Ichor stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $72.11, for a total transaction of $715,547.53. Following the completion of the sale, the director owned 16,162 shares of the company’s stock, valued at approximately $1,165,441.82. The trade was a 38.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Greg Swyt sold 19,662 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $70.42, for a total value of $1,384,598.04. Following the sale, the chief financial officer owned 60,971 shares in the company, valued at approximately $4,293,577.82. The trade was a 24.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 79,447 shares of company stock worth $5,678,621 over the last 90 days. Insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

A number of institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. increased its holdings in Ichor by 141.2% in the 4th 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 period. Millennium Management LLC boosted its holdings 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 acquiring an additional 807,792 shares during the last quarter. Royce & Associates LP boosted its holdings 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 acquiring an additional 473,440 shares during the last quarter. J. Goldman & Co LP purchased a new stake in shares of Ichor in the 4th quarter valued at $6,663,000. Finally, Heartland Advisors Inc. acquired a new stake in shares of Ichor in the fourth quarter worth $5,529,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

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.