Goldman Sachs Group Inc. Reduces Stock Position in Ichor Holdings, Ltd. $ICHR

Goldman Sachs Group Inc. decreased its holdings in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 9.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 189,034 shares of the technology company’s stock after selling 19,017 shares during the quarter. Goldman Sachs Group Inc. owned 0.55% of Ichor worth $4,274,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Cerity Partners LLC grew its position in Ichor by 5.9% during the first quarter. Cerity Partners LLC now owns 9,521 shares of the technology company’s stock valued at $215,000 after buying an additional 533 shares during the period. Rhumbline Advisers grew its position in Ichor by 0.9% during the first quarter. Rhumbline Advisers now owns 99,149 shares of the technology company’s stock valued at $2,242,000 after buying an additional 839 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Ichor by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock valued at $444,000 after buying an additional 865 shares during the period. Y Intercept Hong Kong Ltd grew its position in Ichor by 11.2% during the first quarter. Y Intercept Hong Kong Ltd now owns 10,525 shares of the technology company’s stock valued at $238,000 after buying an additional 1,061 shares during the period. Finally, Natixis Advisors LLC grew its position in Ichor by 4.0% during the first quarter. Natixis Advisors LLC now owns 29,546 shares of the technology company’s stock valued at $668,000 after buying an additional 1,131 shares during the period. 94.81% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Marc Haugen acquired 3,000 shares of the business’s stock in a transaction dated Thursday, August 7th. The shares were 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 directly owned 42,960 shares in the company, valued at $762,540. The trade was a 7.51% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Iain Mackenzie acquired 25,000 shares of the business’s stock in a transaction dated Thursday, August 7th. The shares were bought at an average price of $16.63 per share, for a total transaction of $415,750.00. Following the acquisition, the director owned 60,011 shares of the company’s stock, 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 Performance

ICHR stock opened at $16.48 on Thursday. The firm has a market cap of $565.76 million, a price-to-earnings ratio of -27.02 and a beta of 1.90. The firm has a 50-day simple moving average of $18.76 and a two-hundred day simple moving average of $19.85. Ichor Holdings, Ltd. has a one year low of $13.12 and a one year high of $36.48. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.32 and a current ratio of 3.22.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.11). The firm 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 period 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. On average, equities analysts forecast that Ichor Holdings, Ltd. will post 1.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ICHR. Stifel Nicolaus set a $23.00 target price on shares of Ichor and gave the company a “buy” rating in a research report on Tuesday, August 5th. Wall Street Zen raised shares of Ichor from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. B. Riley downgraded shares of Ichor from a “buy” rating to a “neutral” rating and set a $18.00 price target on the stock. in a report on Tuesday, August 5th. TD Cowen lowered their price target on shares of Ichor from $28.00 to $22.00 and set a “buy” rating on the stock in a 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 report on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.