Thomas Rohrs' recent sale of Ichor Holdings shares is the largest insider sale in the past year. The sale, around the current price, isn't alarming but isn't positive either. The absence of insider purchases and history of sales call for caution before buying Ichor Holdings stock.
The company's balance sheet is strained due to high debt and recent loss. Decreased revenue and negative EBIT over the past year increase stock risk. Investors are advised to monitor the company's balance sheet strength and future earnings ability.
The market appears to have a higher opinion of the business than it did five years ago, possibly due to the five-year track record of earnings growth. Despite the slowing share price gains, the business may continue to execute effectively.
Given the company's falling revenues, its lower P/S ratio than the industry average requires little growth to validate. This situation has resulted in the company's stock trading at a lower P/S than the rest of its sector.
Insider selling at Ichor Holdings raises red flags for investors. Lack of insider purchases in the past year coupled with heavy selling indicates management and smaller shareholders may not be on the same page. Increasing scrutiny on insider transactions advised.
Ichor Holdings' historical ROCE has dropped from 19% to 6.1% over five years, while reinvestments haven't boosted sales significantly. This may impact the stock's potential to be a multi-bagger.
Wind_Storm
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AMTD Digital Reaffirmed of Previously Announced Two-Year Lock-Up Undertakings from Key Shareholders Business Wire 10-Jan-2023 4:48 PM AMTD Digital Inc. ("AMTD Digital") (NYSE:HKD), a comprehensive one-stop digital solutions platforms in Asia, announced today that it has received further confirmation of the previously announced undertakings from the relevant parties that AMTD Group, Dr. Calvin Choi (together with his holding company Infinity Power Investments Limited), AMTD IDEA Group and the executive officers of AMTD Digital will not sell any shares they own in AMTD Digital in the open market before August 2024. AMTD Digital initially announced its knowledge of these commitments on August 16, 2022.
Ichor Holdings Stock Forum
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https://ir.camber.energy/sec-filings-email/content/0001477932-21-007159/cei_8k.htm
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