Ichor Holdings, Ltd. $ICHR Shares Acquired by S Squared Technology LLC

Key Points

• S Squared Technology LLC increased its holdings in Ichor Holdings by 21.1%, owning a total of 278,910 shares valued at approximately $6.3 million as of its latest SEC filing.
• Ichor reported a net loss of $0.11 per share in its recent quarterly earnings, missing analysts' estimates, despite a year-over-year revenue increase of 18.2% to $240.29 million.
• Institutional investors own 94.81% of Ichor's stock, with multiple firms increasing their positions, including Bank of America Corp which grew its holdings by 34.4% in the last quarter.

S Squared Technology LLC increased its stake in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 21.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 278,910 shares of the technology company's stock after purchasing an additional 48,566 shares during the period. Ichor accounts for 3.2% of S Squared Technology LLC's portfolio, making the stock its 13th largest position. S Squared Technology LLC owned approximately 0.82% of Ichor worth $6,306,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC increased its position in Ichor by 570.9% in the first quarter. Headlands Technologies LLC now owns 8,044 shares of the technology company's stock worth $182,000 after buying an additional 6,845 shares during the period. Gabelli Funds LLC acquired a new stake in shares of Ichor in the 1st quarter worth about $203,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Ichor by 35.3% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,340 shares of the technology company's stock valued at $211,000 after purchasing an additional 2,439 shares during the last quarter. Cerity Partners LLC boosted its stake in Ichor by 5.9% during the 1st quarter. Cerity Partners LLC now owns 9,521 shares of the technology company's stock valued at $215,000 after purchasing an additional 533 shares during the period. Finally, Royal Bank of Canada grew its position in Ichor by 27.7% in the 1st quarter. Royal Bank of Canada now owns 9,891 shares of the technology company's stock worth $224,000 after purchasing an additional 2,146 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Ichor news, Director Marc Haugen bought 3,000 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The stock was acquired at an average cost of $17.75 per share, with a total value of $53,250.00. Following the completion of the purchase, the director directly owned 42,960 shares in the company, valued at approximately $762,540. This trade represents a 7.51% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Iain Mackenzie bought 25,000 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The shares were acquired at an average cost of $16.63 per share, with a total value of $415,750.00. Following the completion of the purchase, the director owned 60,011 shares of the company's stock, valued at approximately $997,982.93. The trade was a 71.41% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.90% of the company's stock.

Wall Street Analysts Forecast Growth

ICHR has been the topic of a number of recent analyst reports. DA Davidson cut their price target on Ichor from $45.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, August 6th. TD Cowen cut their target price on Ichor from $28.00 to $22.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Oppenheimer set a $21.00 price target on Ichor and gave the stock a "market perform" rating in a research report on Tuesday, August 5th. B. Riley cut Ichor from a "buy" rating to a "neutral" rating and set a $18.00 price target for the company. in a research note on Tuesday, August 5th. Finally, Wall Street Zen upgraded shares of Ichor from a "sell" rating to a "hold" rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $23.80.

Ichor Price Performance

Shares of NASDAQ:ICHR traded down $0.28 during trading on Friday, reaching $16.87. The company had a trading volume of 913,195 shares, compared to its average volume of 685,073. The firm's fifty day moving average is $19.11 and its 200 day moving average is $19.98. The firm has a market capitalization of $579.15 million, a PE ratio of -27.66 and a beta of 1.90. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $36.48. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.32 and a current ratio of 3.22.

Ichor (NASDAQ:ICHR - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.11). The company had revenue of $240.29 million during the quarter, compared to analyst estimates of $234.51 million. Ichor had a negative return on equity of 0.77% and a negative net margin of 2.23%.The company's revenue was up 18.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.05 earnings per share. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. On average, equities analysts forecast that Ichor Holdings, Ltd. will post 1.01 EPS for the current year.

Ichor Company Profile

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.