Quantinno Capital Management LP Sells 11,239 Shares of Ichor Holdings, Ltd. $ICHR

Quantinno Capital Management LP reduced its holdings in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 27.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,060 shares of the technology company’s stock after selling 11,239 shares during the quarter. Quantinno Capital Management LP’s holdings in Ichor were worth $1,354,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Ichor in the fourth quarter worth approximately $607,000. Kennedy Capital Management LLC lifted its position in shares of Ichor by 20.9% during the fourth quarter. Kennedy Capital Management LLC now owns 892,524 shares of the technology company’s stock valued at $16,449,000 after purchasing an additional 154,404 shares in the last quarter. Nano Cap New Millennium Growth Fund L P bought a new position in shares of Ichor in the fourth quarter valued at approximately $783,000. Farther Finance Advisors LLC increased its position in shares of Ichor by 1,272.0% during the fourth quarter. Farther Finance Advisors LLC now owns 20,868 shares of the technology company’s stock valued at $385,000 after acquiring an additional 19,347 shares during the last quarter. Finally, Royce & Associates LP lifted its holdings in Ichor by 48.5% during the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after acquiring an additional 473,440 shares during the period. Institutional investors and hedge funds own 94.81% of the company’s stock.

Insider Buying and Selling at Ichor

In other news, CFO Greg Swyt sold 19,662 shares of Ichor 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 completion of the transaction, the chief financial officer owned 60,971 shares in the company, valued at $4,293,577.82. This trade represents a 24.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the sale, the director owned 20,462 shares in the company, valued at $1,535,059.24. The trade was a 49.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 64,187 shares of company stock worth $4,559,436 over the last ninety days. Company insiders own 1.70% of the company’s stock.

Ichor Stock Up 2.9%

Shares of NASDAQ ICHR opened at $71.19 on Friday. Ichor Holdings, Ltd. has a one year low of $14.06 and a one year high of $113.58. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07. The business’s fifty day moving average price is $85.05 and its 200-day moving average price is $65.01. The stock has a market capitalization of $2.67 billion, a PE ratio of -60.85 and a beta of 1.82.

Ichor (NASDAQ:ICHR) last posted its quarterly 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 company had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. During the same quarter in the prior year, the company earned $0.03 EPS. The firm’s quarterly revenue was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, equities research analysts anticipate that Ichor Holdings, Ltd. will post 1.13 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on ICHR shares. B. Riley Financial reduced their price objective on Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. TD Cowen cut their price target on shares of Ichor from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Oppenheimer increased their price target on shares of Ichor from $60.00 to $80.00 and gave the company a “market perform” rating in a research report on Tuesday, August 4th. Stifel Nicolaus lifted their price objective on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Finally, DA Davidson set a $85.00 target price on shares of Ichor in a research report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $87.00.

About Ichor

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.