Charles Schwab Investment Management Inc. Boosts Stake in Ichor Holdings, Ltd. $ICHR

Key Points

• Charles Schwab Investment Management Inc. increased its position in Ichor Holdings by 3.6%, holding 520,274 shares worth approximately $11.76 million as of the latest quarter.
• Institutional investors collectively own 94.81% of Ichor Holdings, indicating strong institutional confidence in the company.
• Analysts have mixed views on Ichor, with the stock having a consensus rating of "Moderate Buy" and an average target price of $23.80.

Charles Schwab Investment Management Inc. grew its stake in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 3.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 520,274 shares of the technology company's stock after acquiring an additional 17,981 shares during the period. Charles Schwab Investment Management Inc. owned about 1.53% of Ichor worth $11,763,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Quarry LP raised its holdings in Ichor by 54.9% during the fourth quarter. Quarry LP now owns 2,426 shares of the technology company's stock worth $78,000 after purchasing an additional 860 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Ichor by 52.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,562 shares of the technology company's stock worth $147,000 after acquiring an additional 1,578 shares in the last quarter. Dark Forest Capital Management LP purchased a new position in Ichor in the fourth quarter worth $268,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Ichor by 35.3% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,340 shares of the technology company's stock worth $211,000 after purchasing an additional 2,439 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Ichor by 5.9% in the first quarter. Cerity Partners LLC now owns 9,521 shares of the technology company's stock valued at $215,000 after acquiring an additional 533 shares in the last quarter. Institutional investors and hedge funds own 94.81% of the company's stock.

Insider Buying and Selling

In other news, Director Iain Mackenzie bought 25,000 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The stock was bought at an average price of $16.63 per share, with a total value of $415,750.00. Following the acquisition, the director owned 60,011 shares of the company's stock, valued at approximately $997,982.93. This represents a 71.41% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Marc Haugen purchased 3,000 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The shares were purchased 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 in the company, valued at $762,540. This trade represents a 7.51% increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.90% of the company's stock.

Ichor Price Performance

Shares of ICHR traded down $0.73 during midday trading on Friday, hitting $16.85. 775,373 shares of the company traded hands, compared to its average volume of 1,326,941. The stock has a 50-day moving average of $19.86 and a 200-day moving average of $21.23. Ichor Holdings, Ltd. has a one year low of $13.12 and a one year high of $36.48. The firm has a market cap of $578.46 million, a P/E ratio of -27.62 and a beta of 1.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.22 and a quick ratio of 1.32.

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ICHR shares. Needham & Company LLC reaffirmed a "hold" rating on shares of Ichor in a research report on Tuesday, May 6th. B. Riley downgraded shares of Ichor from a "buy" rating to a "neutral" rating and set a $18.00 price objective on the stock. in a research note on Tuesday, August 5th. Oppenheimer set a $21.00 price target on Ichor and gave the company a "market perform" rating in a report on Tuesday, August 5th. DA Davidson reduced their price objective on Ichor from $45.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, August 6th. Finally, TD Cowen dropped their price target on shares of Ichor from $28.00 to $22.00 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $23.80.

About Ichor

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.