Insider Selling: Ultra Clean (NASDAQ:UCTT) General Counsel Sells 2,000 Shares of Stock

Ultra Clean Holdings, Inc. (NASDAQ:UCTTGet Free Report) General Counsel Paul Yoonku Cho sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $86.89, for a total transaction of $173,780.00. Following the sale, the general counsel owned 15,844 shares of the company’s stock, valued at $1,376,685.16. This trade represents a 11.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Ultra Clean Stock Performance

NASDAQ UCTT traded down $2.46 during trading hours on Tuesday, reaching $82.99. 774,267 shares of the company were exchanged, compared to its average volume of 1,054,876. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $3.72 billion, a P/E ratio of -19.34, a P/E/G ratio of 1.20 and a beta of 1.94. Ultra Clean Holdings, Inc. has a 1 year low of $18.93 and a 1 year high of $88.37. The business’s 50 day simple moving average is $68.31 and its 200-day simple moving average is $47.02.

Ultra Clean (NASDAQ:UCTTGet Free Report) last issued its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $533.70 million during the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business earned $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, equities research analysts expect that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. UBS Group assumed coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price for the company. Zacks Research lowered shares of Ultra Clean from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Needham & Company LLC increased their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Oppenheimer increased their target price on shares of Ultra Clean from $85.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Finally, TD Cowen increased their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.40.

Check Out Our Latest Analysis on UCTT

Hedge Funds Weigh In On Ultra Clean

Large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. raised its stake in Ultra Clean by 10.4% in the first quarter. PNC Financial Services Group Inc. now owns 4,414 shares of the semiconductor company’s stock valued at $274,000 after purchasing an additional 414 shares in the last quarter. KBC Group NV purchased a new stake in Ultra Clean in the first quarter valued at approximately $75,000. Swiss National Bank raised its stake in Ultra Clean by 0.4% in the first quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock valued at $5,584,000 after purchasing an additional 400 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in Ultra Clean by 931.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 158,256 shares of the semiconductor company’s stock valued at $10,049,000 after purchasing an additional 142,906 shares in the last quarter. Finally, D.A. Davidson & CO. purchased a new stake in Ultra Clean in the first quarter valued at approximately $208,000. 96.06% of the stock is currently owned by institutional investors.

Ultra Clean Company Profile

(Get Free Report)

Ultra Clean Holdings, Inc is a global supplier of critical consumables and process tools for the semiconductor manufacturing industry. The company specializes in precision parts cleaning, chemical–mechanical planarization (CMP) slurries, surface conditioning pads, and specialty components used in wafer fabrication and advanced packaging. Ultra Clean also provides assembly and test hardware, tooling, and automated modules designed to support complex front-end and back-end processes in semiconductor fabs.

Ultra Clean’s product portfolio encompasses a range of cleaning systems and consumables aimed at particle and film removal, as well as CMP slurries and pads that are engineered for uniform material removal and planarization.

Featured Stories

Insider Buying and Selling by Quarter for Ultra Clean (NASDAQ:UCTT)

Receive News & Ratings for Ultra Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Clean and related companies with MarketBeat.com's FREE daily email newsletter.