Ichor Holdings director Iain MacKenzie sells $653,176 in shares
Iain MacKenzie, a director at Ichor Holdings, Ltd. (NASDAQ:ICHR), sold 9,933 ordinary shares on August 18, 2026, totaling $653,176. These shares were exchanged at prices between $65.19 and $68.14 per share, under a Rule 10b5-1 trading plan initiated on May 19, 2026. After the sale, MacKenzie still holds 122,427 shares in Ichor Holdings.
The recent stock price of $58.87 is below his sale prices, with a 17% drop over the past week. Despite this decline, InvestingPro analysis indicates the stock is slightly undervalued. The company reported a 24% increase in Q2 2026 revenue to $294.8 million, with adjusted earnings per share at $0.34, surpassing analyst consensus.
Third-quarter guidance met expectations but didn't exceed them, leading to a minor drop in share price. Ichor's price targets have been revised upwards by several firms, with DA Davidson raising its target to $85 and Needham to $88, both maintaining a Buy rating.
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