Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $106.27, but opened at $100.47. Ultra Clean shares last traded at $99.7460, with a volume of 148,351 shares changing hands.
Analyst Ratings Changes
Several research analysts have recently issued reports on UCTT shares. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. UBS Group started coverage on shares of Ultra Clean in a research note on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective on the stock. TD Cowen upped their price objective on shares of Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Finally, Needham & Company LLC raised their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $113.40.
Check Out Our Latest Report on Ultra Clean
Ultra Clean Trading Down 4.7%
Ultra Clean (NASDAQ:UCTT – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The company had revenue of $533.70 million for the quarter, compared to the consensus estimate of $525.28 million. During the same quarter in the previous year, the business earned $0.28 EPS. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, analysts predict that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current year.
Insider Activity
In other Ultra Clean news, insider Jeffrey L. Mckibben sold 4,205 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $87.00, for a total value of $365,835.00. Following the sale, the insider directly owned 11,349 shares in the company, valued at approximately $987,363. The trade was a 27.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jamie J. Palfrey sold 8,691 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total transaction of $692,846.52. Following the completion of the sale, the senior vice president owned 16,446 shares in the company, valued at approximately $1,311,075.12. This trade represents a 34.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 80,106 shares of company stock valued at $6,734,589 over the last quarter. Insiders own 1.80% of the company’s stock.
Institutional Trading of Ultra Clean
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its holdings in Ultra Clean by 63.1% during the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after buying an additional 1,315,407 shares in the last quarter. Cooper Creek Partners Management LLC acquired a new position in Ultra Clean in the first quarter worth approximately $36,486,000. Millennium Management LLC grew its position in Ultra Clean by 944.8% in the fourth quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company’s stock worth $14,184,000 after buying an additional 506,363 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Ultra Clean by 348.7% in the first quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company’s stock valued at $35,167,000 after buying an additional 439,526 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Ultra Clean by 502.4% in the first quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock valued at $28,231,000 after buying an additional 378,648 shares in the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.
About Ultra Clean
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.
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