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Chairman Thomas Rohrs Sold A Bunch Of Shares In Ichor Holdings

Simply Wall St ·  Feb 23 02:09

Some Ichor Holdings, Ltd. (NASDAQ:ICHR) shareholders may be a little concerned to see that the Chairman, Thomas Rohrs, recently sold a substantial US$2.3m worth of stock at a price of US$45.37 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 56% of their entire holding.

Ichor Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Thomas Rohrs is the biggest insider sale of Ichor Holdings shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$44.41. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

In the last year Ichor Holdings insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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NasdaqGS:ICHR Insider Trading Volume February 23rd 2024

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Ichor Holdings

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Ichor Holdings insiders own 1.6% of the company, worth about US$21m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Ichor Holdings Tell Us?

Insiders haven't bought Ichor Holdings stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Ichor Holdings that deserve your attention before buying any shares.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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