American Century Companies Inc. Grows Stock Position in Ichor Holdings, Ltd. $ICHR

Key Points

• American Century Companies Inc. significantly increased its stake in Ichor Holdings, Ltd. by 10,313.1%, owning over 1.23 million shares worth approximately $27.9 million after purchasing more shares during the first quarter.
• Ichor reported a loss of $0.11 per share for the latest quarter, missing analysts' expectations, despite an 18.2% increase in revenue year-over-year, totaling $240.29 million.
• Current market analysts have mixed ratings for Ichor, with an average rating of "Moderate Buy" and a price target of $23.80, indicating both optimism and caution regarding future performance.

American Century Companies Inc. boosted its position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 10,313.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,233,437 shares of the technology company's stock after buying an additional 1,221,592 shares during the period. American Century Companies Inc. owned 3.61% of Ichor worth $27,888,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of ICHR. Wells Fargo & Company MN increased its stake in Ichor by 23.4% during the 4th quarter. Wells Fargo & Company MN now owns 19,675 shares of the technology company's stock worth $634,000 after buying an additional 3,731 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Ichor by 27.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 21,578 shares of the technology company's stock worth $695,000 after buying an additional 4,635 shares in the last quarter. Barclays PLC increased its stake in Ichor by 4.1% during the 4th quarter. Barclays PLC now owns 59,106 shares of the technology company's stock worth $1,905,000 after buying an additional 2,319 shares in the last quarter. Marshall Wace LLP increased its stake in Ichor by 35.9% during the 4th quarter. Marshall Wace LLP now owns 110,060 shares of the technology company's stock worth $3,546,000 after buying an additional 29,051 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Ichor by 6.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,724,058 shares of the technology company's stock worth $55,547,000 after buying an additional 111,337 shares in the last quarter. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ichor

In other news, Director Iain Mackenzie purchased 25,000 shares of the stock in a transaction dated Thursday, August 7th. The stock was acquired at an average cost of $16.63 per share, for a total transaction of $415,750.00. Following the completion of the transaction, the director directly owned 60,011 shares in the company, valued at approximately $997,982.93. This represents a 71.41% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Marc Haugen purchased 3,000 shares of the stock in a transaction dated Thursday, August 7th. The shares were purchased at an average price of $17.75 per share, with a total value of $53,250.00. Following the completion of the transaction, the director owned 42,960 shares of the company's stock, valued at approximately $762,540. This trade 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.

Analyst Ratings Changes

ICHR has been the subject of several research reports. B. Riley lowered Ichor from a "buy" rating to a "neutral" rating and set a $18.00 price objective for the company. in a research note on Tuesday, August 5th. DA Davidson dropped their price target on Ichor from $45.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, August 6th. Wall Street Zen lowered Ichor from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Stifel Nicolaus set a $23.00 price target on Ichor and gave the company a "buy" rating in a research report on Tuesday, August 5th. Finally, Oppenheimer set a $21.00 price target on Ichor and gave the company a "market perform" rating in a research report on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Ichor presently has a consensus rating of "Moderate Buy" and a consensus target price of $23.80.

Ichor Trading Up 0.1%

Ichor stock traded up $0.02 during mid-day trading on Thursday, hitting $17.41. The company's stock had a trading volume of 153,819 shares, compared to its average volume of 504,112. The firm has a market capitalization of $597.51 million, a PE ratio of -28.52 and a beta of 1.75. Ichor Holdings, Ltd. has a 1 year low of $13.12 and a 1 year high of $36.48. The company has a current ratio of 3.22, a quick ratio of 1.32 and a debt-to-equity ratio of 0.17. The stock's fifty day moving average is $19.86 and its two-hundred day moving average is $21.45.

Ichor (NASDAQ:ICHR - Get Free Report) last issued its quarterly earnings data 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). 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 during the quarter, compared to analysts' expectations of $234.51 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The company's 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 anticipate 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.