Morgan Dempsey Capital Management LLC decreased its holdings in Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) by 53.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 5,179 shares of the semiconductor company’s stock after selling 5,896 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Ultra Clean were worth $322,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in UCTT. AdvisorNet Financial Inc bought a new stake in Ultra Clean during the 1st quarter worth approximately $34,000. Quadrant Capital Group LLC lifted its holdings in shares of Ultra Clean by 40.3% in the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 284 shares in the last quarter. Danske Bank A S boosted its position in shares of Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 900 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Ultra Clean during the third quarter valued at approximately $45,000. Finally, Smartleaf Asset Management LLC grew its holdings in Ultra Clean by 472.9% during the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after buying an additional 1,414 shares in the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently commented on UCTT shares. Weiss Ratings raised Ultra Clean from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. UBS Group started coverage on shares of Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective on the stock. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. Finally, Needham & Company LLC raised their price target on shares of Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $113.40.
Ultra Clean Stock Performance
UCTT stock opened at $92.43 on Friday. The firm has a market cap of $4.14 billion, a PE ratio of -21.55, a P/E/G ratio of 1.23 and a beta of 1.83. 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 business has a 50 day moving average of $99.18 and a 200-day moving average of $71.65. Ultra Clean Holdings, Inc. has a 12-month low of $21.28 and a 12-month high of $144.22.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.Ultra Clean’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the business posted $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, sell-side analysts expect that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current year.
Insider Transactions at Ultra Clean
In other news, insider Christopher S. Cook sold 11,903 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $75.31, for a total transaction of $896,414.93. Following the completion of the sale, the insider directly owned 108,905 shares of the company’s stock, valued at $8,201,635.55. This trade represents a 9.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jeffrey L. Mckibben sold 4,205 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $987,363. This represents a 27.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 80,106 shares of company stock worth $6,734,589. Company insiders own 1.80% of the company’s stock.
Ultra Clean Profile
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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