Ichor Holdings, Ltd. $ICHR Shares Purchased by Wellington Management Group LLP

Key Points

• Wellington Management Group LLP has significantly increased its stake in Ichor Holdings, acquiring an additional 496,866 shares, leading to a total ownership of 1,663,070 shares, worth approximately $37.6 million.
• Despite a revenue increase of 18.2% year-over-year, Ichor Holdings reported a disappointing EPS of $0.03, missing the consensus estimate by $0.11.
• Analysts are mixed on Ichor's prospects, with price targets ranging from $21.00 to $35.00, resulting in an average rating of "Moderate Buy" according to MarketBeat.

Wellington Management Group LLP lifted its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 42.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,663,070 shares of the technology company's stock after acquiring an additional 496,866 shares during the quarter. Wellington Management Group LLP owned approximately 4.87% of Ichor worth $37,602,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Cerity Partners LLC boosted its stake in Ichor by 5.9% in the 1st quarter. Cerity Partners LLC now owns 9,521 shares of the technology company's stock worth $215,000 after purchasing an additional 533 shares during the period. Rhumbline Advisers boosted its stake in Ichor by 0.9% in the 1st quarter. Rhumbline Advisers now owns 99,149 shares of the technology company's stock worth $2,242,000 after purchasing an additional 839 shares during the period. Quarry LP boosted its position in shares of Ichor by 54.9% during the 4th quarter. Quarry LP now owns 2,426 shares of the technology company's stock valued at $78,000 after acquiring an additional 860 shares during the last quarter. Stifel Financial Corp boosted its position in shares of Ichor by 1.9% during the 4th quarter. Stifel Financial Corp now owns 51,749 shares of the technology company's stock valued at $1,667,000 after acquiring an additional 944 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Ichor by 5.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,780 shares of the technology company's stock valued at $605,000 after acquiring an additional 959 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ichor

In other Ichor news, Director Iain Mackenzie purchased 25,000 shares of the firm's stock in a transaction dated Thursday, August 7th. The shares were acquired at an average price of $16.63 per share, with a total value of $415,750.00. Following the purchase, 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 purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Marc Haugen purchased 3,000 shares of the firm's stock in a transaction dated Thursday, August 7th. The stock was acquired at an average cost of $17.75 per share, for a total transaction of $53,250.00. Following the purchase, the director owned 42,960 shares in the company, 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. Corporate insiders own 1.90% of the company's stock.

Ichor Stock Performance

Shares of Ichor stock traded down $0.31 on Wednesday, reaching $17.39. 499,577 shares of the stock were exchanged, compared to its average volume of 1,328,586. 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 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 $597.00 million, a price-to-earnings ratio of -28.51 and a beta of 1.75. The business has a 50 day moving average price of $19.86 and a two-hundred day moving average price of $21.45.

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 (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 net margin of 2.23% and a negative return on equity of 0.77%. The company's revenue was up 18.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.05 earnings per share. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. Analysts anticipate that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on ICHR. Wall Street Zen downgraded Ichor from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Oppenheimer set a $21.00 price target on Ichor and gave the company a "market perform" rating in a report on Tuesday, August 5th. Stifel Nicolaus set a $23.00 price target on Ichor and gave the company a "buy" rating in a report on Tuesday, August 5th. TD Cowen decreased their price target on Ichor from $28.00 to $22.00 and set a "buy" rating on the stock in a report on Tuesday, August 5th. Finally, Needham & Company LLC restated a "hold" rating on shares of Ichor in a research note on Tuesday, May 6th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Ichor presently has a consensus rating of "Moderate Buy" and a consensus 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.