Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report) SVP Jamie Palfrey sold 8,691 shares of the company's stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total transaction of $692,846.52. Following the completion of the transaction, the senior vice president owned 16,446 shares of the company's stock, valued at $1,311,075.12. This trade represents a 34.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Ultra Clean Price Performance
UCTT stock traded down $3.56 during mid-day trading on Thursday, hitting $79.90. 983,507 shares of the stock were exchanged, compared to its average volume of 1,055,828. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. The business has a fifty day moving average price of $66.94 and a 200 day moving average price of $45.83. Ultra Clean Holdings, Inc. has a 12 month low of $18.93 and a 12 month high of $87.68. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of -18.62, a PEG ratio of 1.17 and a beta of 1.94.
Ultra Clean (NASDAQ:UCTT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The company's revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, sell-side analysts anticipate that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current year.
Analyst Upgrades and Downgrades
UCTT has been the subject of a number of recent research reports. TD Cowen boosted their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, April 29th. Zacks Research cut shares of Ultra Clean from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 24th. Craig Hallum reissued a "buy" rating and issued a $100.00 price target on shares of Ultra Clean in a research note on Tuesday, February 24th. Oppenheimer upped their price target on shares of Ultra Clean from $85.00 to $100.00 and gave the company an "outperform" rating in a research report on Wednesday, April 29th. Finally, Needham & Company LLC raised their price objective on Ultra Clean from $70.00 to $92.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $104.40.
Get Our Latest Report on UCTT
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. AdvisorNet Financial Inc bought a new stake in Ultra Clean during the 1st quarter valued at $34,000. EverSource Wealth Advisors LLC increased its position in shares of Ultra Clean by 148.9% in the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 554 shares during the period. Quadrant Capital Group LLC increased its position in shares of Ultra Clean by 40.3% in the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 284 shares during the period. Danske Bank A S raised its stake in shares of Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 900 shares during the last quarter. Finally, KBC Group NV purchased a new stake in shares of Ultra Clean during the first quarter worth about $75,000. Institutional investors own 96.06% of the company's stock.
About Ultra Clean
(
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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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