State of Wyoming bought a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,682 shares of the semiconductor company’s stock, valued at approximately $1,095,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UCTT. Quadrant Capital Group LLC boosted its holdings in Ultra Clean by 40.3% in the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 284 shares in the last quarter. Danske Bank A S raised its holdings in Ultra Clean by 450.0% in the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 900 shares in the last quarter. AdvisorNet Financial Inc purchased a new stake in shares of Ultra Clean in the 1st quarter worth about $34,000. Smartleaf Asset Management LLC lifted its position in shares of 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 purchasing an additional 1,414 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Ultra Clean by 37.3% in the 1st 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 period. Hedge funds and other institutional investors own 96.06% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on UCTT shares. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Weiss Ratings lowered shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, August 7th. Needham & Company LLC lifted their price objective on Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Finally, TD Cowen increased their target price on Ultra Clean from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Ultra Clean has a consensus rating of “Moderate Buy” and an average target price of $129.00.
Insiders Place Their Bets
In other news, CFO Sheri Savage sold 15,766 shares of Ultra Clean stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the completion of the transaction, the chief financial officer directly owned 50,710 shares in the company, valued at approximately $4,537,023.70. This trade represents a 23.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total value of $84,365.28. Following the completion of the sale, the general counsel directly owned 22,941 shares in the company, valued at approximately $2,050,237.17. This represents a 3.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 39,329 shares of company stock worth $3,540,599. 1.80% of the stock is currently owned by company insiders.
Ultra Clean Stock Performance
Shares of UCTT stock opened at $84.93 on Friday. Ultra Clean Holdings, Inc. has a 12 month low of $21.49 and a 12 month high of $144.22. The stock has a market cap of $3.81 billion, a PE ratio of -163.33, a price-to-earnings-growth ratio of 0.91 and a beta of 1.88. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. The company’s fifty day moving average price is $100.16 and its 200-day moving average price is $78.91.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last released its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.17. The firm had revenue of $644.90 million for the quarter, compared to the consensus estimate of $587.65 million. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. The company’s revenue was up 24.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, equities analysts expect that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.
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.
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