Ichor Holdings director Marc Haugen sells $715,589 in shares

INVESTING.COMMay 8, 10:10 PM UTC

Key insights

  • Ichor Holdings director Marc Haugen sold $715,589 in shares after a 345% gain in the past year. The sale occurred as the stock trades near its 52-week high. Despite strong Q1 earnings and a raised price target from Needham, InvestingPro analysis suggests the stock is overvalued, potentially influencing the director's decision to sell. This insider selling could signal caution despite recent positive performance.
Ichor Holdings director Marc Haugen sells $715,589 in shares

Marc Haugen, a Director at ICHOR HOLDINGS, LTD. (NASDAQ:ICHR), sold a total of 9,923 ordinary shares of the company’s stock on May 8, 2026. The transactions amounted to a total value of $715,589, with shares sold at prices ranging from $71.96 to $72.35 per share. The sale came as the stock trades near its 52-week high of $75.35, following a remarkable 345% gain over the past year.

The sales were executed through two separate transactions. One involved the disposition of 6,000 shares at a price of $71.96 per share. The other transaction saw the sale of 3,923 shares at $72.35 per share.

Following these transactions, Mr. Haugen directly holds 16,162 ordinary shares of ICHOR HOLDINGS, LTD. According to InvestingPro analysis, the stock appears overvalued at current levels—a factor that may have influenced the timing of this sale. The platform offers 16 additional ProTips for ICHR, including insights on the company’s profitability outlook and valuation metrics.

In other recent news, Ichor Holdings reported its first-quarter 2026 earnings, significantly surpassing both earnings per share (EPS) and revenue forecasts. The company achieved an EPS of $0.15, which was a substantial surprise compared to the forecasted $0.06. Revenue for the quarter reached $256.1 million, exceeding the predicted $235.59 million. This revenue figure also represented a 15% increase from the previous quarter and surpassed the midpoint of Ichor Holdings’ guidance. Non-GAAP gross margins were reported near the high end of the guided range. In light of these strong results, Needham raised its price target for Ichor Holdings to $72 from $48, maintaining a Buy rating. These developments highlight the company’s robust performance in the semiconductor equipment sector.

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