Castleark Management LLC Makes New Investment in Ultra Clean Holdings, Inc. $UCTT

Castleark Management LLC purchased a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the first quarter, Holdings Channel.com reports. The firm purchased 100,130 shares of the semiconductor company’s stock, valued at approximately $6,226,000.

Other large investors have also recently made changes to their positions in the company. Invesco Ltd. lifted 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 worth $86,118,000 after acquiring an additional 1,315,407 shares during the last quarter. Cooper Creek Partners Management LLC bought a new position in shares of Ultra Clean during the 1st quarter valued at $36,486,000. Millennium Management LLC grew its holdings in shares of Ultra Clean by 944.8% during the 4th quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company’s stock valued at $14,184,000 after purchasing an additional 506,363 shares during the last quarter. SG Americas Securities LLC raised its position in Ultra Clean by 348.7% in the 1st quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company’s stock worth $35,167,000 after purchasing an additional 439,526 shares during the period. Finally, Vanguard Group Inc. raised its position in Ultra Clean by 6.2% in the 4th 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 period. 96.06% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Jeffrey L. Mckibben sold 4,205 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $87.00, for a total value of $365,835.00. Following the sale, the insider directly owned 11,349 shares of the company’s stock, valued at $987,363. The trade was a 27.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the sale, the senior vice president owned 16,446 shares in the company, valued at $1,311,075.12. The trade was a 34.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 80,106 shares of company stock valued at $6,734,589. 1.80% of the stock is currently owned by insiders.

Ultra Clean Price Performance

Shares of Ultra Clean stock opened at $92.75 on Monday. 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 $4.16 billion, a price-to-earnings ratio of -21.62, a PEG ratio of 1.24 and a beta of 1.83. The company has a 50-day moving average of $100.50 and a 200 day moving average of $74.50. 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 (NASDAQ:UCTT) last posted its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, topping 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 negative net margin of 9.38% and a positive return on equity of 4.28%. Ultra Clean’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, sell-side analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. TD Cowen boosted their price target on shares of Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Needham & Company LLC raised their price objective on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Finally, UBS Group started coverage on Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $113.40.

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.