Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Get Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $88.50 and last traded at $83.7920, with a volume of 72506 shares. The stock had previously closed at $85.94.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. Oppenheimer raised their price target on Ultra Clean from $85.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. TD Cowen raised their price target on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. UBS Group assumed coverage on Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price target for the company. Zacks Research downgraded Ultra Clean from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Finally, Craig Hallum reaffirmed a “buy” rating and issued a $100.00 target price on shares of Ultra Clean in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Ultra Clean has an average rating of “Moderate Buy” and a consensus price target of $104.40.
View Our Latest Research Report on UCTT
Ultra Clean Stock Performance
Ultra Clean (NASDAQ:UCTT – Get Free Report) last announced its quarterly earnings data 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 business 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%.The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Research analysts forecast that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Jeffrey L. Mckibben sold 2,500 shares of Ultra Clean stock in a transaction on Friday, May 8th. The stock was sold at an average price of $86.48, for a total value of $216,200.00. Following the completion of the sale, the insider owned 15,554 shares of the company’s stock, valued at $1,345,109.92. The trade was a 13.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Paul Yoonku Cho sold 2,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $86.89, for a total value of $173,780.00. Following the sale, the general counsel directly owned 15,844 shares of the company’s stock, valued at approximately $1,376,685.16. This trade represents a 11.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 36,572 shares of company stock worth $2,828,154 in the last three months. Company insiders own 1.90% of the company’s stock.
Institutional Investors Weigh In On Ultra Clean
A number of institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its position in Ultra Clean by 6.6% during the first quarter. The Manufacturers Life Insurance Company now owns 19,840 shares of the semiconductor company’s stock valued at $1,234,000 after acquiring an additional 1,230 shares during the period. Maverick Capital Ltd. acquired a new position in shares of Ultra Clean during the 1st quarter valued at $1,263,000. Quantinno Capital Management LP lifted its holdings in shares of Ultra Clean by 5.1% during the 1st quarter. Quantinno Capital Management LP now owns 24,134 shares of the semiconductor company’s stock valued at $1,501,000 after acquiring an additional 1,178 shares in the last quarter. Castleark Management LLC acquired a new position in shares of Ultra Clean during the 1st quarter valued at $6,226,000. Finally, Absolute Gestao de Investimentos Ltda. acquired a new position in shares of Ultra Clean during the 1st quarter valued at $215,000. Hedge funds and other institutional investors own 96.06% of the company’s stock.
Ultra Clean Company 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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