Ichor Holdings, Ltd. $ICHR Shares Purchased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC raised its stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 117,153 shares of the technology company’s stock after purchasing an additional 4,041 shares during the quarter. Mutual of America Capital Management LLC owned about 0.34% of Ichor worth $2,301,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ICHR. American Century Companies Inc. raised its position in Ichor by 10,313.1% in the first quarter. American Century Companies Inc. now owns 1,233,437 shares of the technology company’s stock valued at $27,888,000 after purchasing an additional 1,221,592 shares during the period. Nuveen LLC purchased a new position in Ichor in the first quarter valued at about $13,726,000. Wellington Management Group LLP raised its position in Ichor by 42.6% in the first quarter. Wellington Management Group LLP now owns 1,663,070 shares of the technology company’s stock valued at $37,602,000 after purchasing an additional 496,866 shares during the period. Royce & Associates LP raised its position in Ichor by 7.9% in the first quarter. Royce & Associates LP now owns 932,925 shares of the technology company’s stock valued at $21,093,000 after purchasing an additional 68,680 shares during the period. Finally, Invesco Ltd. raised its position in Ichor by 6.1% in the first quarter. Invesco Ltd. now owns 1,168,756 shares of the technology company’s stock valued at $26,426,000 after purchasing an additional 66,942 shares during the period. 94.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Iain Mackenzie acquired 25,000 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average cost of $16.63 per share, for a total transaction of $415,750.00. Following the purchase, the director directly owned 60,011 shares in the company, valued at $997,982.93. This represents a 71.41% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Marc Haugen bought 3,000 shares of the company’s stock in a transaction on Thursday, August 7th. The stock was bought at an average cost of $17.75 per share, for a total transaction of $53,250.00. Following the completion of the transaction, the director directly owned 42,960 shares of the company’s stock, valued at $762,540. This trade represents a 7.51% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on ICHR shares. Zacks Research raised Ichor from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. DA Davidson cut their price objective on Ichor from $45.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, August 6th. TD Cowen dropped their target price on Ichor from $28.00 to $22.00 and set a “buy” rating on the stock 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 target price on the stock. in a research report on Tuesday, August 5th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ichor in a research report on Saturday. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $23.80.

Ichor Stock Up 1.7%

Shares of Ichor stock opened at $22.47 on Friday. The company has a quick ratio of 1.32, a current ratio of 3.22 and a debt-to-equity ratio of 0.17. The firm has a market cap of $771.40 million, a P/E ratio of -36.84 and a beta of 1.88. Ichor Holdings, Ltd. has a fifty-two week low of $13.12 and a fifty-two week high of $36.48. The business has a 50-day moving average price of $18.61 and a 200 day moving average price of $18.94.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings data 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). The firm had revenue of $240.29 million during the quarter, compared to the consensus estimate of $234.51 million. Ichor had a negative net margin of 2.23% and a negative return on equity of 0.77%. The firm’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.05 earnings per share. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. On average, sell-side analysts forecast that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current fiscal 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.