Lisanti Capital Growth LLC Makes New Investment in Ultra Clean Holdings, Inc. $UCTT

Key Points

• Lisanti Capital Growth LLC purchased 46,285 Ultra Clean shares worth approximately $6.6 million, giving the semiconductor company a 1.5% weighting in its portfolio. Institutional investors collectively own 96.06% of UCTT.
• Ultra Clean reported quarterly EPS of $0.70, beating the $0.53 consensus estimate, while revenue rose 24.3% year over year to $644.9 million. Analysts maintain a generally positive outlook, with an average “Moderate Buy” rating and a $129 price target.
• Company insiders sold 39,329 shares worth about $3.54 million during the latest quarter, while insiders retain only 1.80% of the stock. UCTT recently traded at $75.01, well below its 52-week high of $144.22.

Lisanti Capital Growth LLC purchased a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 46,285 shares of the semiconductor company's stock, valued at approximately $6,600,000. Ultra Clean comprises approximately 1.5% of Lisanti Capital Growth LLC's investment portfolio, making the stock its 20th largest holding. Lisanti Capital Growth LLC owned 0.10% of Ultra Clean as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of UCTT. EverSource Wealth Advisors LLC boosted its holdings in shares of Ultra Clean by 37.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company's stock worth $45,000 after buying an additional 196 shares during the period. Quadrant Capital Group LLC grew its stake 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 during the last quarter. ProShare Advisors LLC raised its holdings in Ultra Clean by 2.7% in the 4th quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company's stock worth $342,000 after acquiring an additional 350 shares during the period. State of Alaska Department of Revenue lifted its position in 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 acquiring an additional 400 shares during the last quarter. Finally, Swiss National Bank lifted its position in Ultra Clean by 0.4% during the 1st 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. Institutional investors own 96.06% of the company's stock.

Insiders Place Their Bets

In other news, 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 transaction of $84,365.28. Following the sale, the general counsel directly owned 22,941 shares in the company, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Emily M. Liggett sold 8,198 shares of the company's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total value of $755,691.64. Following the completion of the transaction, the director owned 38,152 shares of the company's stock, valued at $3,516,851.36. The trade was a 17.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 39,329 shares of company stock worth $3,540,599. 1.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on UCTT. Needham & Company LLC upped their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. TD Cowen boosted their price objective on Ultra Clean from $130.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. UBS Group restated a "buy" rating on shares of Ultra Clean in a research note on Tuesday, August 4th. Weiss Ratings lowered Ultra Clean from a "sell (d)" rating to a "sell (d-)" rating in a report on Friday, August 7th. Finally, Wall Street Zen raised Ultra Clean from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Ultra Clean presently has an average rating of "Moderate Buy" and an average target price of $129.00.

Ultra Clean Stock Performance

NASDAQ UCTT opened at $75.01 on Thursday. The company's fifty day moving average is $99.72 and its two-hundred day moving average is $79.91. Ultra Clean Holdings, Inc. has a 52-week low of $21.49 and a 52-week high of $144.22. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.73 and a quick ratio of 1.25. The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of -144.25, a P/E/G ratio of 0.88 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.17. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. The business had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. During the same quarter in the prior year, the business earned $0.27 earnings per share. The firm's revenue for the quarter was up 24.3% on a year-over-year basis. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Equities research analysts forecast that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current 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.

Want to see what other hedge funds are holding UCTT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source