Ichor (NASDAQ:ICHR) CFO Greg Swyt Sells 2,068 Shares of Stock

Key Points

• CFO Greg Swyt sold 2,068 Ichor shares at an average price of $58.02, worth approximately $120,000, under a pre-arranged Rule 10b5-1 plan. He retained 47,832 shares after the transaction.
• Ichor’s stock rose 3.2% to $58.17, while its latest quarterly results exceeded EPS expectations ($0.34 versus $0.31) and revenue increased 22.7% year over year, despite falling short of revenue estimates.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an $87 price target; institutional investors own approximately 94.81% of the company.

Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) CFO Greg Swyt sold 2,068 shares of the company's stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $58.02, for a total transaction of $119,985.36. Following the completion of the sale, the chief financial officer directly owned 47,832 shares of the company's stock, valued at $2,775,212.64. The trade was a 4.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ichor Stock Up 3.2%

NASDAQ:ICHR traded up $1.79 during trading hours on Tuesday, reaching $58.17. The company's stock had a trading volume of 649,082 shares, compared to its average volume of 599,799. The stock has a 50 day moving average price of $74.29 and a two-hundred day moving average price of $67.77. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70. The company has a market capitalization of $2.18 billion, a P/E ratio of -49.72 and a beta of 1.81. Ichor Holdings, Ltd. has a 12 month low of $14.06 and a 12 month high of $113.58.

Ichor (NASDAQ:ICHR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The firm had revenue of $294.78 million during the quarter, compared to analyst estimates of $300.17 million. During the same period in the previous year, the company posted $0.03 EPS. The business's revenue for the quarter was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Equities analysts predict that Ichor Holdings, Ltd. will post 1.13 EPS for the current fiscal year.

Institutional Trading of Ichor

Institutional investors and hedge funds have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC purchased a new position in shares of Ichor during the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. acquired a new stake in Ichor during the second quarter worth about $27,000. Hantz Financial Services Inc. lifted its holdings in Ichor by 64.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company's stock valued at $28,000 after acquiring an additional 590 shares during the period. Versant Capital Management Inc boosted its position in Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company's stock worth $28,000 after purchasing an additional 126 shares in the last quarter. Finally, Danske Bank A S purchased a new position in shares of Ichor during the 3rd quarter valued at approximately $28,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Stifel Nicolaus increased their price objective on Ichor from $76.00 to $115.00 and gave the company a "buy" rating in a report on Friday, July 10th. Oppenheimer upped their target price on Ichor from $60.00 to $80.00 and gave the company a "market perform" rating in a research report on Tuesday, August 4th. Zacks Research upgraded Ichor from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 19th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Ichor in a research note on Wednesday, June 24th. Finally, Needham & Company LLC raised their price target on Ichor from $72.00 to $88.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $87.00.

About Ichor

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.

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