Trexquant Investment LP Cuts Position in Ultra Clean Holdings, Inc. $UCTT

Key Points

• Trexquant Investment LP reduced its stake in Ultra Clean Holdings by 81.2%, leaving it with a value of $470,000 after selling nearly 95,000 shares in Q1.
• Several hedge funds, including Bank of America and Stifel Financial Corp, increased their stakes in Ultra Clean during the 4th quarter, indicating positive institutional interest.
• Analysts have raised their price target for Ultra Clean stock to $30, reflecting a consensus rating of "Buy" based on recent performance and earnings report.

Trexquant Investment LP lowered its position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 81.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,974 shares of the semiconductor company's stock after selling 94,844 shares during the quarter. Trexquant Investment LP's holdings in Ultra Clean were worth $470,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Byrne Asset Management LLC purchased a new position in Ultra Clean in the first quarter worth approximately $25,000. Versant Capital Management Inc lifted its position in shares of Ultra Clean by 386.9% during the 1st quarter. Versant Capital Management Inc now owns 1,412 shares of the semiconductor company's stock worth $30,000 after buying an additional 1,122 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Ultra Clean during the 1st quarter worth approximately $33,000. AlphaQuest LLC lifted its position in shares of Ultra Clean by 1,321.9% during the 1st quarter. AlphaQuest LLC now owns 2,403 shares of the semiconductor company's stock worth $51,000 after buying an additional 2,234 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of Ultra Clean by 481.4% during the 1st quarter. Russell Investments Group Ltd. now owns 2,744 shares of the semiconductor company's stock worth $59,000 after buying an additional 2,272 shares during the last quarter. Hedge funds and other institutional investors own 96.06% of the company's stock.

Analysts Set New Price Targets

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

Ultra Clean Price Performance

NASDAQ UCTT traded down $0.29 during trading hours on Friday, reaching $25.23. The company's stock had a trading volume of 257,161 shares, compared to its average volume of 302,112. The stock has a market cap of $1.14 billion, a PE ratio of -7.46, a PEG ratio of 1.00 and a beta of 2.14. Ultra Clean Holdings, Inc. has a fifty-two week low of $16.66 and a fifty-two week high of $41.90. The company's 50-day moving average is $23.93 and its two-hundred day moving average is $22.36. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.86 and a current ratio of 3.06.

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

Ultra Clean Company Profile

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.