Marc Haugen Sells 9,923 Shares of Ichor (NASDAQ:ICHR) Stock

Key Points

• Director Marc Haugen sold 9,923 shares of Ichor on May 8 at an average price of $72.11, totaling about $715,548 and cutting his direct stake by 38.04%.
• Ichor shares rose 4.5% to $74.42, near their 12-month high of $75.35, after trading volume topped its average and the stock continued a strong run.
• The company beat quarterly expectations with EPS of $0.15 versus $0.13 expected and revenue of $256.07 million, while analysts currently rate the stock a consensus “Moderate Buy.”

Ichor Holdings, Ltd. (NASDAQ:ICHR - Get Free Report) Director Marc Haugen sold 9,923 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $72.11, for a total transaction of $715,547.53. Following the completion of the sale, the director directly owned 16,162 shares in the company, valued at approximately $1,165,441.82. This represents a 38.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Marc Haugen also recently made the following trade(s):

• On Monday, February 23rd, Marc Haugen sold 19,875 shares of Ichor stock. The stock was sold at an average price of $49.71, for a total value of $987,986.25.

Ichor Trading Up 4.5%

Shares of NASDAQ ICHR traded up $3.19 during midday trading on Friday, hitting $74.42. The company's stock had a trading volume of 1,067,914 shares, compared to its average volume of 979,360. The company has a current ratio of 2.82, a quick ratio of 1.38 and a debt-to-equity ratio of 0.17. The business's 50 day moving average is $53.74 and its two-hundred day moving average is $34.92. Ichor Holdings, Ltd. has a 12-month low of $13.12 and a 12-month high of $75.35. The firm has a market cap of $2.59 billion, a P/E ratio of -50.28 and a beta of 1.87.

Ichor (NASDAQ:ICHR - Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.02. The firm had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities research analysts expect that Ichor Holdings, Ltd. will post 0.73 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC grew its position in shares of Ichor by 295.5% in the 4th quarter. SG Americas Securities LLC now owns 26,073 shares of the technology company's stock worth $481,000 after buying an additional 19,481 shares during the last quarter. Quantbot Technologies LP grew its position in shares of Ichor by 229.7% in the 3rd quarter. Quantbot Technologies LP now owns 107,999 shares of the technology company's stock worth $1,892,000 after buying an additional 75,240 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Ichor in the 4th quarter worth approximately $607,000. Cambiar Investors LLC purchased a new position in shares of Ichor in the 4th quarter worth approximately $1,595,000. Finally, Farther Finance Advisors LLC grew its position in shares of Ichor by 1,272.0% in the 4th quarter. Farther Finance Advisors LLC now owns 20,868 shares of the technology company's stock worth $385,000 after buying an additional 19,347 shares during the last quarter. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on ICHR shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Ichor in a research note on Friday, March 27th. Oppenheimer raised their price objective on Ichor from $36.00 to $60.00 and gave the stock a "market perform" rating in a report on Tuesday. B. Riley Financial restated a "buy" rating on shares of Ichor in a report on Monday, April 20th. TD Cowen raised their target price on shares of Ichor from $55.00 to $80.00 and gave the company a "buy" rating in a research report on Tuesday. Finally, DA Davidson raised their target price on shares of Ichor from $30.00 to $53.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $64.57.

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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