Trexquant Investment LP Has $2.93 Million Stock Holdings in Ichor Holdings, Ltd. $ICHR

Key Points

• Trexquant Investment LP reduced its stake in Ichor Holdings by 39.1%, selling 83,329 shares and retaining 129,596 shares, which are now valued at approximately $2.93 million.
• Insider activity increased with Director Iain Mackenzie purchasing 25,000 shares at an average of $16.63 per share, boosting his position by 71.41%.
• Analysts have issued mixed ratings on Ichor, with the average recommendation being a "Moderate Buy" and a price target around $23.80.

Trexquant Investment LP lowered its holdings in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 39.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,596 shares of the technology company's stock after selling 83,329 shares during the quarter. Trexquant Investment LP owned 0.38% of Ichor worth $2,930,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Invesco Ltd. grew its stake in Ichor by 6.1% during the first quarter. Invesco Ltd. now owns 1,168,756 shares of the technology company's stock worth $26,426,000 after buying an additional 66,942 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in Ichor by 52.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,562 shares of the technology company's stock worth $147,000 after buying an additional 1,578 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Ichor by 5.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,780 shares of the technology company's stock worth $605,000 after buying an additional 959 shares during the last quarter. Principal Financial Group Inc. grew its stake in Ichor by 2.9% during the first quarter. Principal Financial Group Inc. now owns 168,688 shares of the technology company's stock worth $3,814,000 after buying an additional 4,803 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Ichor by 3.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 520,274 shares of the technology company's stock worth $11,763,000 after buying an additional 17,981 shares during the last quarter. 94.81% of the stock is owned by institutional investors.

Ichor Trading Down 1.4%

NASDAQ ICHR traded down $0.23 during trading hours on Tuesday, hitting $16.53. The company's stock had a trading volume of 137,936 shares, compared to its average volume of 515,111. The stock has a fifty day moving average of $19.58 and a 200 day moving average of $20.37. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $36.48. The firm has a market capitalization of $567.58 million, a P/E ratio of -27.30 and a beta of 1.90. The company has a quick ratio of 1.32, a current ratio of 3.22 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR - Get Free Report) last announced 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 net margin of 2.23% and a negative return on equity of 0.77%. The business had revenue of $240.29 million during the quarter, compared to analyst estimates of $234.51 million. During the same quarter in the prior year, the company earned $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. Equities research analysts forecast that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have weighed in on ICHR shares. B. Riley cut 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 objective on shares of Ichor and gave the stock a "market perform" rating in a research note on Tuesday, August 5th. TD Cowen decreased their price target on shares of Ichor from $28.00 to $22.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Wall Street Zen cut shares of Ichor from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Finally, Stifel Nicolaus set a $23.00 price target on shares of Ichor and gave the company a "buy" rating in a research note on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Ichor currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.80.

Insider Activity at Ichor

In other Ichor news, Director Iain Mackenzie acquired 25,000 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The shares were acquired at an average cost of $16.63 per share, for a total transaction of $415,750.00. Following the completion of the acquisition, 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 position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Marc Haugen bought 3,000 shares of the business's stock in a transaction on Thursday, August 7th. The stock was purchased at an average price of $17.75 per share, for a total transaction of $53,250.00. Following the completion of the acquisition, 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 position. The disclosure for this purchase can be found here. Corporate insiders own 1.90% of the company's stock.

Ichor 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.