Charles Schwab Investment Management Inc. boosted its position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 3.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 approximately 1.53% of Ichor worth $11,763,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its holdings in Ichor by 23.4% during the fourth quarter. Wells Fargo & Company MN now owns 19,675 shares of the technology company's stock valued at $634,000 after purchasing an additional 3,731 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Ichor by 27.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 21,578 shares of the technology company's stock valued at $695,000 after purchasing an additional 4,635 shares in the last quarter. Barclays PLC boosted its holdings in Ichor by 4.1% during the fourth quarter. Barclays PLC now owns 59,106 shares of the technology company's stock valued at $1,905,000 after purchasing an additional 2,319 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Ichor by 6.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,724,058 shares of the technology company's stock valued at $55,547,000 after purchasing an additional 111,337 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in Ichor by 6.8% during the fourth quarter. MetLife Investment Management LLC now owns 20,099 shares of the technology company's stock valued at $648,000 after purchasing an additional 1,285 shares in the last quarter. 94.81% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, Director Iain Mackenzie purchased 25,000 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was acquired at an average price of $16.63 per share, with a total value of $415,750.00. Following the completion of the acquisition, the director directly owned 60,011 shares in the company, valued at approximately $997,982.93. This trade represents a 71.41% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Marc Haugen purchased 3,000 shares of the stock in a transaction that occurred 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 acquisition, 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 disclosure for this purchase can be found here. Company insiders own 1.90% of the company's stock.
Ichor Price Performance
Shares of NASDAQ:ICHR traded down $0.31 during trading on Wednesday, reaching $17.39. The stock had a trading volume of 499,577 shares, compared to its average volume of 506,357. 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 stock has a market capitalization of $597.00 million, a PE ratio of -28.51 and a beta of 1.75. The business's 50-day moving average price is $19.87 and its 200 day moving average price is $21.48. 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 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 net margin of 2.23% and a negative return on equity of 0.77%. The business's revenue for the quarter was up 18.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.05 EPS. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. As a group, equities analysts predict that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current year.
Analysts Set New Price Targets
ICHR has been the topic of a number of recent research reports. B. Riley downgraded Ichor from a "buy" rating to a "neutral" rating and set a $18.00 price objective on the stock. in a report on Tuesday, August 5th. Oppenheimer set a $21.00 price objective on Ichor and gave the company a "market perform" rating in a report on Tuesday, August 5th. DA Davidson decreased their price objective on Ichor from $45.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, August 6th. Needham & Company LLC reiterated a "hold" rating on shares of Ichor in a research note on Tuesday, May 6th. Finally, Wall Street Zen cut shares of Ichor from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $23.80.
Get Our Latest Stock Report on ICHR
Ichor Company Profile
(
Free Report)
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.
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