607,056 Shares in Ichor Holdings, Ltd. $ICHR Acquired by Nuveen LLC

Key Points

• Nuveen LLC acquired a new stake of approximately $13.73 million in Ichor Holdings, purchasing 607,056 shares, which accounts for about 1.78% of the company's total shares.
• Insider transactions include Director Iain Mackenzie purchasing 25,000 shares and increasing ownership by 71.41%, while fellow Director Marc Haugen bought 3,000 shares, indicating growing confidence in the company's future.
• Analysts have varied ratings on Ichor, with price targets ranging from $21.00 to $23.00, while the stock currently shows a mixed consensus rating of "Moderate Buy."

Nuveen LLC bought a new position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 607,056 shares of the technology company's stock, valued at approximately $13,726,000. Nuveen LLC owned about 1.78% of Ichor as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ICHR. Oberweis Asset Management Inc. bought a new stake in shares of Ichor in the 4th quarter worth approximately $10,884,000. Nuveen Asset Management LLC lifted its holdings in shares of Ichor by 18.7% in the 4th quarter. Nuveen Asset Management LLC now owns 777,289 shares of the technology company's stock worth $25,044,000 after purchasing an additional 122,280 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Ichor by 6.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,724,058 shares of the technology company's stock worth $55,547,000 after purchasing an additional 111,337 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Ichor by 34.4% in the 4th quarter. Bank of America Corp DE now owns 418,567 shares of the technology company's stock worth $13,486,000 after purchasing an additional 107,154 shares during the last quarter. Finally, Royce & Associates LP lifted its holdings in shares of Ichor by 7.9% in the 1st quarter. Royce & Associates LP now owns 932,925 shares of the technology company's stock worth $21,093,000 after purchasing an additional 68,680 shares during the last quarter. Institutional investors own 94.81% of the company's stock.

Ichor Price Performance

Shares of ICHR stock traded down $0.31 during mid-day trading on Wednesday, hitting $17.39. 499,577 shares of the stock traded hands, compared to its average volume of 1,328,586. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $36.48. The firm has a market cap of $597.00 million, a price-to-earnings ratio of -28.51 and a beta of 1.75. The company's 50-day simple moving average is $19.86 and its 200-day simple moving average is $21.45. 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 earnings results on Monday, August 4th. The technology company reported $0.03 earnings per share (EPS) 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 business's revenue was up 18.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.05 earnings per share. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. As a group, equities research analysts expect that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ICHR. 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 target price on Ichor and gave the company a "market perform" rating in a research note on Tuesday, August 5th. DA Davidson cut their target price on Ichor from $45.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, August 6th. B. Riley downgraded Ichor from a "buy" rating to a "neutral" rating and set a $18.00 target price on the stock. in a research note on Tuesday, August 5th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Ichor in a research note on Tuesday, May 6th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Ichor presently has a consensus rating of "Moderate Buy" and an average price target of $23.80.

Insider Buying and Selling at Ichor

In related news, Director Iain Mackenzie purchased 25,000 shares of Ichor stock in a transaction 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 completion of the transaction, the director directly owned 60,011 shares of the company's stock, valued at approximately $997,982.93. This represents a 71.41% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Marc Haugen purchased 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 transaction, the director directly owned 42,960 shares of the company's stock, valued at approximately $762,540. The trade was 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 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.