Inspire Investing LLC Sells 9,912 Shares of Ultra Clean Holdings, Inc. $UCTT

Inspire Investing LLC decreased its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 53.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 8,509 shares of the semiconductor company’s stock after selling 9,912 shares during the period. Inspire Investing LLC’s holdings in Ultra Clean were worth $529,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in UCTT. Vanguard Group Inc. lifted its stake in Ultra Clean by 6.2% during the fourth quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock worth $126,415,000 after purchasing an additional 293,048 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Ultra Clean by 63.1% in the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock valued at $86,118,000 after purchasing an additional 1,315,407 shares in the last quarter. State Street Corp increased its stake in shares of Ultra Clean by 5.0% in the 4th quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock valued at $46,923,000 after purchasing an additional 87,931 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Ultra Clean by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock valued at $20,798,000 after purchasing an additional 43,987 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Ultra Clean by 90.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock worth $16,052,000 after buying an additional 279,953 shares in the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.

Ultra Clean Stock Down 17.8%

Shares of NASDAQ UCTT opened at $106.47 on Friday. The company has a 50 day simple moving average of $94.73 and a 200 day simple moving average of $66.17. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. Ultra Clean Holdings, Inc. has a 1 year low of $21.28 and a 1 year high of $144.22. The firm has a market cap of $4.77 billion, a PE ratio of -24.82, a price-to-earnings-growth ratio of 1.73 and a beta of 1.83.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $533.70 million during the quarter, compared to analysts’ expectations of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The company’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, research analysts forecast that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on UCTT. Oppenheimer raised their price objective on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, June 9th. Wall Street Zen cut shares of Ultra Clean from a “buy” rating to a “hold” rating in a report on Monday. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. UBS Group began coverage on shares of Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price target on the stock. Finally, Needham & Company LLC upped their price objective on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $107.40.

Insiders Place Their Bets

In related news, insider Jeffrey L. Mckibben sold 4,205 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $87.00, for a total transaction of $365,835.00. Following the completion of the transaction, the insider directly owned 11,349 shares of the company’s stock, valued at $987,363. This trade represents a 27.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Sheri Savage sold 15,766 shares of Ultra Clean stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the transaction, the chief financial officer directly owned 50,710 shares in the company, valued at $4,537,023.70. The trade was a 23.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 80,106 shares of company stock valued at $6,734,589 over the last ninety days. 1.80% of the stock is currently owned by corporate insiders.

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.