Ichor (NASDAQ:ICHR) COO Sells $140,695.03 in Stock

Ichor Holdings, Ltd. (NASDAQ:ICHR) COO Bruce Ragsdale sold 2,149 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $65.47, for a total value of $140,695.03. Following the sale, the chief operating officer owned 88,595 shares of the company’s stock, valued at $5,800,314.65. The trade was a 2.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Bruce Ragsdale also recently made the following trade(s):

• On Tuesday, September 1st, Bruce Ragsdale sold 10,587 shares of Ichor stock. The shares were sold at an average price of $51.93, for a total transaction of $549,782.91.

Ichor Trading Down 2.5%

NASDAQ ICHR opened at $60.87 on Thursday. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of -52.03 and a beta of 1.79. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70. Ichor Holdings, Ltd. has a one year low of $14.06 and a one year high of $113.58. The company’s 50 day moving average price is $60.86 and its 200 day moving average price is $69.43.

Ichor (NASDAQ:ICHR) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.03. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The company had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. During the same period in the previous year, the firm earned $0.03 earnings per share. Ichor’s revenue for the quarter was up 22.7% on a year-over-year basis. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, sell-side analysts predict that Ichor Holdings, Ltd. will post 1.13 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on ICHR. Wall Street Zen downgraded shares of Ichor from a “buy” rating to a “hold” rating in a research note on Tuesday, September 29th. Stifel Nicolaus raised their target price on Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Zacks Research lowered Ichor from a “strong-buy” rating to a “hold” rating in a research report on Monday. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a report on Monday, September 21st. Finally, DA Davidson upgraded Ichor to a “strong-buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ichor presently has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Institutional Investors Weigh In On Ichor

A number of hedge funds have recently made changes to their positions in the business. Versant Capital Management Inc boosted its position in Ichor by 100.0% during the 2nd 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. Allworth Financial LP increased its holdings in shares of Ichor by 125.1% in the 2nd quarter. Allworth Financial LP now owns 421 shares of the technology company’s stock valued at $47,000 after purchasing an additional 234 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of Ichor in the second quarter worth approximately $45,000. Hantz Financial Services Inc. lifted its position in shares of Ichor by 64.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after purchasing an additional 590 shares in the last quarter. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Ichor during the first quarter worth approximately $37,000. Institutional investors own 94.81% of the company’s stock.

Ichor Company Profile

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, engineers and manufactures critical fluid-delivery subsystems and components used in semiconductor manufacturing equipment. Its products help deliver, control and distribute gases and chemicals used in wafer fabrication processes.

The company’s offerings include gas and chemical delivery systems, precision-machined components, weldments, assemblies and other specialized components for semiconductor capital equipment. Ichor primarily serves original equipment manufacturers and other customers involved in the production of semiconductor devices.

Founded in 1999, Ichor is headquartered in Fremont, California, and operates manufacturing and engineering facilities across several regions, including North America, Europe and Asia.