Independent Chairman of Ichor Holdings Picks Up 18% More Stock

Investors who take an interest in Ichor Holdings, Ltd. (NASDAQ:ICHR) should definitely note that the Independent Chairman, Iain MacKenzie, recently paid US$15.28 per share to buy US$153k worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 18%.

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Ichor Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the CEO & Director, Philip Barros, for US$547k worth of shares, at about US$35.22 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$16.14). So it is hard to draw any strong conclusion from it.

Over the last year, we can see that insiders have bought 41.00k shares worth US$675k. But insiders sold 18.54k shares worth US$643k. In total, Ichor Holdings insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Ichor Holdings

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

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. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Ichor Holdings insiders own 1.8% of the company, worth about US$9.3m. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Ichor Holdings Tell Us?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Ichor Holdings insiders are expecting a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 1 warning sign for Ichor Holdings you should know about.

But note: Ichor Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.