Ultra Clean (NASDAQ:UCTT) Shares Gap Down – Here’s What Happened

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) gapped down prior to trading on Monday . The stock had previously closed at $106.27, but opened at $100.47. Ultra Clean shares last traded at $99.7460, with a volume of 148,351 shares changing hands.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. 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. TD Cowen upped their target price on Ultra Clean from $100.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Weiss Ratings upgraded Ultra Clean from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday. Finally, UBS Group initiated coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $113.40.

Ultra Clean Trading Up 5.6%

The company has a market cap of $4.65 billion, a PE ratio of -24.19, a price-to-earnings-growth ratio of 1.31 and a beta of 1.83. 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 business has a 50-day simple moving average of $98.45 and a 200-day simple moving average of $70.50.

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

Insider Activity at Ultra Clean

In other Ultra Clean news, insider Jeffrey L. Mckibben sold 4,205 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $87.00, for a total transaction of $365,835.00. Following the sale, the insider directly owned 11,349 shares in the company, valued at $987,363. This represents a 27.03% 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, SVP Jamie J. Palfrey sold 8,691 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total transaction of $692,846.52. Following the sale, the senior vice president directly owned 16,446 shares in the company, valued at $1,311,075.12. This represents a 34.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 80,106 shares of company stock worth $6,734,589 over the last ninety days. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in UCTT. Goodman Financial Corp increased its holdings in Ultra Clean by 3.7% during the 4th quarter. Goodman Financial Corp now owns 558,019 shares of the semiconductor company’s stock worth $14,135,000 after purchasing an additional 20,011 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Ultra Clean in the 4th quarter valued at about $564,000. JPMorgan Chase & Co. grew its position in shares of Ultra Clean by 90.6% during the third 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. Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of Ultra Clean during the first quarter worth about $710,000. Finally, SG Americas Securities LLC increased its stake in shares of Ultra Clean by 902.9% during the fourth quarter. SG Americas Securities LLC now owns 126,043 shares of the semiconductor company’s stock worth $3,193,000 after buying an additional 113,475 shares during the period. Institutional investors and hedge funds 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.