Ultra Clean (NASDAQ:UCTT) Director David Ibnale Sells 23,500 Shares

Ultra Clean Holdings, Inc. (NASDAQ:UCTTGet Free Report) Director David Ibnale sold 23,500 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $26.63, for a total transaction of $625,805.00. Following the completion of the sale, the director owned 45,241 shares in the company, valued at approximately $1,204,767.83. This trade represents a 34.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Ultra Clean Price Performance

Shares of NASDAQ UCTT traded down $0.09 during mid-day trading on Friday, hitting $26.24. 530,977 shares of the company’s stock traded hands, compared to its average volume of 510,053. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.21 and a quick ratio of 1.91. Ultra Clean Holdings, Inc. has a 1 year low of $16.66 and a 1 year high of $40.10. The company’s 50-day moving average is $26.78 and its two-hundred day moving average is $24.48. The company has a market capitalization of $1.19 billion, a P/E ratio of -7.35, a PEG ratio of 1.04 and a beta of 1.94.

Ultra Clean (NASDAQ:UCTTGet Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. The company had revenue of $510.00 million for the quarter, compared to analysts’ expectations of $505.23 million. Ultra Clean had a positive return on equity of 5.15% and a negative net margin of 7.66%.The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 earnings per share. Ultra Clean has set its Q4 2025 guidance at 0.110-0.310 EPS. On average, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current fiscal year.

Institutional Trading of Ultra Clean

A number of large investors have recently made changes to their positions in UCTT. Advisory Services Network LLC purchased a new position in Ultra Clean in the 3rd quarter worth about $45,000. Wexford Capital LP purchased a new stake in Ultra Clean in the 3rd quarter valued at about $64,000. Numerai GP LLC grew its stake in Ultra Clean by 29.7% in the 3rd quarter. Numerai GP LLC now owns 49,545 shares of the semiconductor company’s stock worth $1,350,000 after acquiring an additional 11,334 shares in the last quarter. Morgan Dempsey Capital Management LLC increased its position in shares of Ultra Clean by 28.9% during the third quarter. Morgan Dempsey Capital Management LLC now owns 11,075 shares of the semiconductor company’s stock worth $302,000 after acquiring an additional 2,481 shares during the period. Finally, Boothbay Fund Management LLC purchased a new position in shares of Ultra Clean during the third quarter worth approximately $520,000. 96.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UCTT has been the topic of several recent research reports. Needham & Company LLC increased their price target on Ultra Clean from $30.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research note on Monday. Oppenheimer restated an “outperform” rating on shares of Ultra Clean in a report on Wednesday, October 29th. Finally, TD Cowen lifted their price target on shares of Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $33.33.

Read Our Latest Report on UCTT

Ultra Clean Company Profile

(Get Free Report)

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.

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