Janney Montgomery Scott LLC Purchases New Stake in Ichor Holdings, Ltd. $ICHR

Janney Montgomery Scott LLC acquired a new stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 47,039 shares of the technology company’s stock, valued at approximately $924,000. Janney Montgomery Scott LLC owned about 0.14% of Ichor as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in Ichor by 95.1% during the second quarter. GAMMA Investing LLC now owns 1,619 shares of the technology company’s stock valued at $32,000 after purchasing an additional 789 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in shares of Ichor in the second quarter worth approximately $37,000. Farther Finance Advisors LLC increased its position in shares of Ichor by 99,483.3% in the second quarter. Farther Finance Advisors LLC now owns 5,975 shares of the technology company’s stock worth $117,000 after purchasing an additional 5,969 shares during the last quarter. Headlands Technologies LLC increased its position in shares of Ichor by 570.9% in the first quarter. Headlands Technologies LLC now owns 8,044 shares of the technology company’s stock worth $182,000 after purchasing an additional 6,845 shares during the last quarter. Finally, Gabelli Funds LLC bought a new position in shares of Ichor in the first quarter worth approximately $203,000. 94.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Stifel Nicolaus set a $23.00 price objective on shares of Ichor and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Zacks Research raised Ichor from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Oppenheimer set a $21.00 price objective on Ichor and gave the company a “market perform” rating in a research report on Tuesday, August 5th. B. Riley lowered Ichor from a “buy” rating to a “neutral” rating and set a $18.00 price objective for the company. in a research report on Tuesday, August 5th. Finally, DA Davidson lowered their price target on Ichor from $45.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $23.80.

Insider Activity at Ichor

In other news, Director Iain Mackenzie acquired 25,000 shares of the firm’s stock in a transaction dated Thursday, August 7th. The shares were acquired at an average cost of $16.63 per share, with a total value of $415,750.00. Following the acquisition, the director directly owned 60,011 shares of the company’s stock, valued at approximately $997,982.93. The trade was a 71.41% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Marc Haugen acquired 3,000 shares of the firm’s stock in a transaction dated Thursday, August 7th. The shares were purchased at an average cost 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 approximately $762,540. This represents a 7.51% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.90% of the stock is owned by corporate insiders.

Ichor Trading Down 0.2%

ICHR stock opened at $20.42 on Wednesday. Ichor Holdings, Ltd. has a 1-year low of $13.12 and a 1-year high of $36.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.22 and a quick ratio of 1.32. The company has a market capitalization of $701.02 million, a price-to-earnings ratio of -33.48 and a beta of 1.88. The business has a 50 day simple moving average of $17.82 and a two-hundred day simple moving average of $18.77.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings results on Monday, August 4th. The technology company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.11). Ichor had a negative return on equity of 0.77% and a negative net margin of 2.23%.The business had revenue of $240.29 million during the quarter, compared to the consensus estimate of $234.51 million. During the same quarter in the previous year, the company earned $0.05 earnings per share. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. Research analysts anticipate that Ichor Holdings, Ltd. will post 1.01 EPS for the current fiscal year.

Ichor Company Profile

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.