Wealth High Governance Capital Ltda Invests $11.81 Million in Ultra Clean Holdings, Inc. $UCTT

Key Points

• Wealth High Governance Capital initiated an $11.81 million position in Ultra Clean Holdings during the second quarter, acquiring 82,843 shares, or approximately 0.18% of the company. Institutional investors collectively own 96.06% of Ultra Clean.
• Analysts have grown more bullish, with multiple firms raising price targets; MarketBeat reports a consensus rating of “Moderate Buy” and an average target of $129.
• Ultra Clean exceeded quarterly expectations, reporting $0.70 in earnings per share versus the $0.53 estimate and $644.9 million in revenue, up 24.3% year over year. However, company insiders sold 39,329 shares worth roughly $3.54 million over the past three months.

Wealth High Governance Capital Ltda bought a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 82,843 shares of the semiconductor company's stock, valued at approximately $11,813,000. Ultra Clean makes up approximately 3.5% of Wealth High Governance Capital Ltda's investment portfolio, making the stock its 14th biggest position. Wealth High Governance Capital Ltda owned approximately 0.18% of Ultra Clean at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Maverick Capital Ltd. bought a new position in Ultra Clean during the 1st quarter valued at $1,263,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Ultra Clean in the 4th quarter worth $564,000. Pinnacle Wealth Management Advisory Group LLC purchased a new stake in shares of Ultra Clean in the first quarter valued at about $710,000. Lombard Odier Asset Management Europe Ltd bought a new position in shares of Ultra Clean during the 1st quarter worth approximately $3,197,000. Finally, Castleark Management LLC purchased a new position in Ultra Clean in the first quarter worth $6,226,000. Hedge funds and other institutional investors own 96.06% of the company's stock.

Analyst Upgrades and Downgrades

UCTT has been the topic of a number of recent research reports. TD Cowen upped their price target on shares of Ultra Clean from $130.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. Zacks Research raised Ultra Clean from a "hold" rating to a "strong-buy" rating in a report on Monday, May 25th. Oppenheimer raised their target price on Ultra Clean from $115.00 to $150.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 4th. UBS Group reaffirmed a "buy" rating on shares of Ultra Clean in a report on Tuesday, August 4th. Finally, Needham & Company LLC increased their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ultra Clean has a consensus rating of "Moderate Buy" and an average price target of $129.00.

Ultra Clean Stock Performance

Shares of Ultra Clean stock opened at $76.43 on Monday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.73 and a quick ratio of 1.25. Ultra Clean Holdings, Inc. has a 1 year low of $21.49 and a 1 year high of $144.22. The firm has a market cap of $3.43 billion, a PE ratio of -146.98, a PEG ratio of 0.82 and a beta of 1.88. The company has a 50 day simple moving average of $98.44 and a two-hundred day simple moving average of $80.33.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, topping 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 firm had revenue of $644.90 million for the quarter, compared to analyst estimates of $587.65 million. During the same quarter in the prior year, the firm earned $0.27 EPS. The business's revenue for the quarter was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Analysts expect that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current fiscal year.

Insider Transactions at Ultra Clean

In other news, General Counsel Paul Yoonku Cho sold 944 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total transaction of $84,365.28. Following the transaction, the general counsel directly owned 22,941 shares in the company, valued at approximately $2,050,237.17. This represents a 3.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sheri Savage sold 15,766 shares of the firm's stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $89.47, for a total value of $1,410,584.02. Following the transaction, the chief financial officer directly owned 50,710 shares in the company, valued at approximately $4,537,023.70. This represents a 23.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 39,329 shares of company stock worth $3,540,599. 1.80% of the stock is currently owned by corporate insiders.

Ultra Clean 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.

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