Deutsche Bank AG Has $2.81 Million Stake in Ichor Holdings, Ltd. $ICHR

Deutsche Bank AG lowered its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 2.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 124,232 shares of the technology company’s stock after selling 3,087 shares during the period. Deutsche Bank AG owned approximately 0.36% of Ichor worth $2,809,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ICHR. Wells Fargo & Company MN raised its holdings in shares of Ichor by 23.4% during the fourth quarter. Wells Fargo & Company MN now owns 19,675 shares of the technology company’s stock valued at $634,000 after purchasing an additional 3,731 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Ichor by 27.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 21,578 shares of the technology company’s stock worth $695,000 after acquiring an additional 4,635 shares in the last quarter. Legal & General Group Plc increased its position in shares of Ichor by 2.5% during the fourth quarter. Legal & General Group Plc now owns 94,667 shares of the technology company’s stock worth $3,050,000 after acquiring an additional 2,334 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Ichor during the fourth quarter worth about $8,489,000. Finally, Barclays PLC increased its position in shares of Ichor by 4.1% during the fourth quarter. Barclays PLC now owns 59,106 shares of the technology company’s stock worth $1,905,000 after acquiring an additional 2,319 shares in the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ICHR. DA Davidson decreased their target price on shares of Ichor from $45.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, August 6th. Stifel Nicolaus set a $23.00 target price on shares of Ichor and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Wall Street Zen downgraded shares of Ichor from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. TD Cowen decreased their target price on shares of Ichor from $28.00 to $22.00 and set a “buy” rating for the company in a research report on Tuesday, August 5th. Finally, Oppenheimer set a $21.00 target price on shares of Ichor and gave the stock a “market perform” rating in a research report on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.80.

Insider Buying and Selling

In other Ichor news, Director Marc Haugen purchased 3,000 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The shares were bought 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 of the company’s stock, valued at $762,540. This represents a 7.51% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Iain Mackenzie bought 25,000 shares of the stock in a transaction on Thursday, August 7th. The stock was purchased at an average price of $16.63 per share, for a total transaction of $415,750.00. Following the completion of the purchase, the director directly owned 60,011 shares in the company, valued at approximately $997,982.93. This represents a 71.41% 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 Down 3.5%

Ichor stock opened at $17.79 on Wednesday. Ichor Holdings, Ltd. has a twelve month low of $13.12 and a twelve month high of $36.48. The firm has a 50 day moving average price of $19.93 and a 200-day moving average price of $21.93. The company has a market capitalization of $610.73 million, a P/E ratio of -29.16 and a beta of 1.75. 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) last announced its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.11). The business had revenue of $240.29 million for the quarter, compared to analysts’ expectations of $234.51 million. Ichor had a negative net margin of 2.23% and a negative return on equity of 0.77%. The business’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.05 earnings per share. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. As a group, equities analysts predict that Ichor Holdings, Ltd. will post 1.01 EPS for the current year.

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.