10,782 Shares in Ultra Clean Holdings, Inc. $UCTT Acquired by Ieq Capital LLC

Key Points

• Ieq Capital LLC has acquired a new position in Ultra Clean Holdings, investing approximately $231,000 for 10,782 shares.
• Several institutional investors have significantly increased their stakes in Ultra Clean, with GAMMA Investing LLC raising its stake by 2,272.9%.
• Wall Street analysts maintain a positive outlook for Ultra Clean, with a consensus target price increase to $30.67 and a majority rating of "Buy."

Ieq Capital LLC bought a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,782 shares of the semiconductor company's stock, valued at approximately $231,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Byrne Asset Management LLC bought a new position in Ultra Clean in the first quarter valued at about $25,000. Versant Capital Management Inc grew its position in Ultra Clean by 386.9% in the first quarter. Versant Capital Management Inc now owns 1,412 shares of the semiconductor company's stock valued at $30,000 after acquiring an additional 1,122 shares during the last quarter. Brooklyn Investment Group bought a new position in Ultra Clean in the first quarter valued at about $33,000. AlphaQuest LLC grew its position in Ultra Clean by 1,321.9% in the first quarter. AlphaQuest LLC now owns 2,403 shares of the semiconductor company's stock valued at $51,000 after acquiring an additional 2,234 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in Ultra Clean by 481.4% in the first quarter. Russell Investments Group Ltd. now owns 2,744 shares of the semiconductor company's stock valued at $59,000 after acquiring an additional 2,272 shares during the last quarter. Institutional investors own 96.06% of the company's stock.

Ultra Clean Trading Down 1.1%

Shares of NASDAQ:UCTT traded down $0.29 during midday trading on Friday, hitting $25.23. 257,161 shares of the stock were exchanged, compared to its average volume of 302,112. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -7.46, a P/E/G ratio of 1.00 and a beta of 2.14. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.86 and a current ratio of 3.06. The business's 50-day moving average price is $23.93 and its 200 day moving average price is $22.39. Ultra Clean Holdings, Inc. has a 12 month low of $16.66 and a 12 month high of $41.90.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The company had revenue of $518.80 million for the quarter, compared to analysts' expectations of $500.83 million. Ultra Clean had a positive return on equity of 5.32% and a negative net margin of 7.15%.The business's quarterly revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.32 earnings per share. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. Analysts predict that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Needham & Company LLC lifted their target price on Ultra Clean from $26.00 to $30.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $30.67.

About Ultra Clean

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.