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Ichor CFO Greg Swyt sells $44,791 in Ichor shares

By Investing.com2 min readInvesting.com
Ichor CFO Greg Swyt sells $44,791 in Ichor sharesIchor CFO Greg Swyt sells $44,791 in Ichor shares

Ichor CFO Greg Swyt sells $44,791 in Ichor shares

Greg Swyt, Chief Financial Officer of ICHOR HOLDINGS, LTD. (NASDAQ:ICHR), sold company shares totaling $44,791 on October 2, 2026, according to a recent SEC filing.

The transaction involved the sale of 689 ordinary shares at a price of $65.01 per share. Following this sale, Mr. Swyt directly holds 47,143 ordinary shares. The stock currently trades at $59.91, below the CFO’s sale price, though shares have delivered exceptional returns of 227% over the past year and 225% year-to-date. According to InvestingPro analysis, ICHR appears slightly overvalued at current levels based on its Fair Value assessment. The company, valued at $2.24 billion, has its next earnings report scheduled in 21 days. The shares were sold under a Rule 10b5-1 trading plan, which Mr. Swyt adopted on February 26, 2026. InvestingPro Tips highlight that net income is expected to grow this year, with 7 analysts revising earnings upwards. Want deeper insights? Access 11 additional ProTips and comprehensive analysis in ICHR’s Pro Research Report, available exclusively to subscribers.

In other recent news, Ichor Holdings reported second-quarter 2026 revenue of $294.8 million, marking a 24% increase from the same period last year and a 15% rise from the previous quarter. This performance exceeded the analyst estimate of $268.2 million. The company also posted adjusted earnings per share of $0.34, surpassing the consensus forecast of $0.31. Despite these strong results, Ichor’s third-quarter guidance was met with disappointment, as it largely aligned with estimates rather than exceeding them. The company forecasted adjusted EPS between $0.40 and $0.50, with a midpoint of $0.45, slightly above the $0.41 consensus. Revenue guidance for the third quarter was set between $315 million and $345 million, narrowly exceeding the $314.5 million analyst estimate. Analysts have responded positively, with DA Davidson raising its price target to $85.00, citing improved demand and confidence in the business cycle. Needham also increased its price target to $88, highlighting margin strength, while Stifel reiterated a Buy rating with a $115.00 price target, emphasizing strategic margin expansion initiatives.