Ultra Clean (NASDAQ:UCTT) Shares Up 8.5% – Here’s What Happened

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s share price rose 8.5% during trading on Tuesday . The stock traded as high as $141.44 and last traded at $141.8130. Approximately 406,187 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 1,291,922 shares. The stock had previously closed at $130.70.

Wall Street Analyst Weigh In

UCTT has been the subject of several recent research reports. Oppenheimer raised their target price on shares of Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. TD Cowen upped their price target on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. UBS Group started coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price target on the stock. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Finally, Needham & Company LLC lifted their price objective on Ultra Clean from $70.00 to $92.00 and gave the stock 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 given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $107.40.

Ultra Clean Stock Up 7.1%

The stock has a fifty day moving average of $91.89 and a two-hundred day moving average of $64.08. 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 stock has a market cap of $6.27 billion, a price-to-earnings ratio of -32.75, a PEG ratio of 1.59 and a beta of 1.94.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The business had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The company’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, analysts predict that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

Insider Activity

In other news, insider Jeffrey L. Mckibben sold 4,205 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $87.00, for a total value of $365,835.00. Following the completion of the sale, the insider owned 11,349 shares in the company, valued at approximately $987,363. This trade represents a 27.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jamie J. Palfrey sold 8,691 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the sale, the senior vice president owned 16,446 shares in the company, valued at approximately $1,311,075.12. The trade was a 34.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 80,106 shares of company stock worth $6,734,589 in the last quarter. Insiders own 1.80% of the company’s stock.

Institutional Trading of Ultra Clean

A number of hedge funds have recently made changes to their positions in UCTT. EverSource Wealth Advisors LLC lifted its position in shares of Ultra Clean by 148.9% during the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 554 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in Ultra Clean by 40.3% during the 4th 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 increased its stake in Ultra Clean by 450.0% during the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after buying an additional 900 shares during the period. AdvisorNet Financial Inc purchased a new stake in Ultra Clean during the 1st quarter worth $34,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Ultra Clean by 472.9% in the 2nd 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. Hedge funds and other institutional investors own 96.06% of the company’s stock.

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.