S Squared Technology LLC Has $6.31 Million Stake in Ichor Holdings, Ltd. $ICHR

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.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Invesco Ltd. boosted its holdings in shares of Ichor by 6.1% during the first quarter. Invesco Ltd. now owns 1,168,756 shares of the technology company's stock valued at $26,426,000 after acquiring an additional 66,942 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Ichor by 5.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,780 shares of the technology company's stock valued at $605,000 after purchasing an additional 959 shares during the last quarter. Cinctive Capital Management LP bought a new stake in Ichor in the 1st quarter valued at about $1,356,000. Principal Financial Group Inc. boosted its stake in Ichor by 2.9% during the 1st quarter. Principal Financial Group Inc. now owns 168,688 shares of the technology company's stock valued at $3,814,000 after purchasing an additional 4,803 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Ichor by 3.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 520,274 shares of the technology company's stock worth $11,763,000 after purchasing an additional 17,981 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. B. Riley lowered shares of Ichor from a "buy" rating to a "neutral" rating and set a $18.00 price target on the stock. in a research note on Tuesday, August 5th. Stifel Nicolaus set a $23.00 target price on Ichor and gave the company a "buy" rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded Ichor from a "sell" rating to a "hold" rating in a research report on Saturday. TD Cowen decreased their price target on Ichor from $28.00 to $22.00 and set a "buy" rating for the company in a research note on Tuesday, August 5th. Finally, DA Davidson lowered 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. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Ichor presently has an average rating of "Moderate Buy" and a consensus target price of $23.80.

Ichor Price Performance

Shares of ICHR traded down $0.28 during midday trading on Friday, reaching $16.87. The stock had a trading volume of 913,195 shares, compared to its average volume of 691,981. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.22 and a quick ratio of 1.32. The company has a market capitalization of $579.15 million, a P/E ratio of -27.66 and a beta of 1.90. The firm's 50 day moving average price is $19.11 and its 200-day moving average price is $20.12. Ichor Holdings, Ltd. has a 52 week low of $13.12 and a 52 week high of $36.48.

Ichor (NASDAQ:ICHR - Get Free Report) last issued its 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). Ichor had a negative return on equity of 0.77% and a negative net margin of 2.23%.The business had revenue of $240.29 million for the quarter, compared to the consensus estimate of $234.51 million. During the same quarter in the previous year, the business posted $0.05 earnings per share. The company's quarterly revenue was up 18.2% on a year-over-year basis. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. On average, analysts forecast that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.

Insider Transactions at Ichor

In other news, Director Marc Haugen acquired 3,000 shares of Ichor stock in a transaction on Thursday, August 7th. The stock was bought 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 owned 42,960 shares of the company's stock, valued at $762,540. This represents a 7.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Iain Mackenzie purchased 25,000 shares of the business's stock in a transaction dated Thursday, August 7th. The shares were purchased at an average price of $16.63 per share, for a total transaction of $415,750.00. Following the acquisition, the director directly owned 60,011 shares of the company's stock, valued at $997,982.93. This trade represents a 71.41% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.90% of the stock is currently owned by corporate insiders.

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.