Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Get Free Report)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $116.52 and last traded at $113.55, with a volume of 1455482 shares changing hands. The stock had previously closed at $108.90.
Analyst Upgrades and Downgrades
UCTT has been the topic of a number of research reports. TD Cowen boosted their price target on Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Oppenheimer upped their target price on Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, June 9th. Craig Hallum reiterated a “buy” rating and set a $100.00 target price on shares of Ultra Clean in a report on Tuesday, February 24th. Wall Street Zen lowered Ultra Clean from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Needham & Company LLC upped their target price on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $107.40.
View Our Latest Analysis on Ultra Clean
Ultra Clean Stock Up 4.3%
Ultra Clean (NASDAQ:UCTT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $533.70 million for 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 firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Sell-side analysts predict that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.
Insider Activity
In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 944 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total transaction of $84,365.28. Following the completion of the sale, the general counsel directly owned 22,941 shares in the company, valued at $2,050,237.17. This represents a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Emily M. Liggett sold 8,198 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total value of $755,691.64. Following the sale, the director owned 38,152 shares of the company’s stock, valued at $3,516,851.36. The trade was a 17.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 80,106 shares of company stock valued at $6,734,589. Corporate insiders own 1.80% of the company’s stock.
Institutional Investors Weigh In On Ultra Clean
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Lombard Odier Asset Management Europe Ltd bought a new stake in Ultra Clean during the first quarter worth $3,197,000. Foguth Wealth Management LLC. bought a new stake in Ultra Clean during the first quarter worth $215,000. Liontrust Investment Partners LLP bought a new stake in Ultra Clean during the first quarter worth $2,411,000. Bank of America Corp DE lifted its stake in Ultra Clean by 502.4% during the first quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock worth $28,231,000 after purchasing an additional 378,648 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Ultra Clean by 37.3% during the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 196 shares during the last quarter. 96.06% of the stock is currently owned by institutional investors.
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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