Sei Investments Co. Purchases 69,069 Shares of Ultra Clean Holdings, Inc. $UCTT

Sei Investments Co. grew its holdings in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 774.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 77,983 shares of the semiconductor company’s stock after acquiring an additional 69,069 shares during the period. Sei Investments Co.’s holdings in Ultra Clean were worth $4,849,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Quadrant Capital Group LLC grew its holdings in Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 284 shares in the last quarter. ProShare Advisors LLC lifted its stake in Ultra Clean by 2.7% during the fourth quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock worth $342,000 after purchasing an additional 350 shares during the last quarter. State of Alaska Department of Revenue lifted its position in shares of Ultra Clean by 1.6% during the 4th quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock worth $635,000 after buying an additional 400 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Ultra Clean by 0.4% in the first quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock worth $5,584,000 after acquiring an additional 400 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Ultra Clean by 10.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,414 shares of the semiconductor company’s stock valued at $274,000 after purchasing an additional 414 shares during the last quarter. Institutional investors own 96.06% of the company’s stock.

Insider Buying and Selling

In other news, CFO Sheri Savage sold 15,766 shares of the business’s 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 completion of the sale, the chief financial officer owned 50,710 shares of the company’s stock, valued at approximately $4,537,023.70. The trade was a 23.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total value of $84,365.28. Following the sale, the general counsel directly owned 22,941 shares of the company’s stock, valued at approximately $2,050,237.17. This trade represents a 3.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 48,034 shares of company stock worth $4,296,414. Insiders own 1.80% of the company’s stock.

Ultra Clean Stock Down 5.1%

Shares of NASDAQ UCTT opened at $80.20 on Thursday. The business has a 50-day simple moving average of $100.34 and a two-hundred day simple moving average of $77.07. The company has a market cap of $3.60 billion, a P/E ratio of -154.23, a P/E/G ratio of 1.13 and a beta of 1.88. Ultra Clean Holdings, Inc. has a 52 week low of $21.49 and a 52 week high of $144.22. The company has a quick ratio of 1.72, a current ratio of 2.73 and a debt-to-equity ratio of 0.84.

Ultra Clean (NASDAQ:UCTT) last announced 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 business had revenue of $644.90 million for the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The company’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Oppenheimer lifted their target price on shares of Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday. TD Cowen increased their target price on shares of Ultra Clean from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday. Needham & Company LLC increased their price target on Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday. Wall Street Zen lowered shares of Ultra Clean from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, UBS Group reiterated a “buy” rating on shares of Ultra Clean in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Ultra Clean has a consensus rating of “Moderate Buy” and a consensus target price of $129.00.

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.