Ultra Clean (NASDAQ:UCTT) Shares Gap Down Following Insider Selling

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price gapped down before the market opened on Thursday after an insider sold shares in the company. The stock had previously closed at $92.55, but opened at $86.73. Ultra Clean shares last traded at $89.3320, with a volume of 167,972 shares trading hands.

Specifically, General Counsel Paul Yoonku Cho sold 944 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total transaction of $84,365.28. Following the transaction, the general counsel owned 22,941 shares of the company’s stock, valued at approximately $2,050,237.17. This represents a 3.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. TD Cowen upped their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Craig Hallum reissued a “buy” rating and set a $100.00 price objective on shares of Ultra Clean in a research note on Tuesday, February 24th. Finally, Oppenheimer upped their price objective on shares of Ultra Clean from $85.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Ultra Clean presently has a consensus rating of “Buy” and a consensus price target of $104.40.

Ultra Clean Trading Down 12.4%

The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of -19.13, a P/E/G ratio of 1.31 and a beta of 1.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07. The business has a fifty day moving average price of $78.00 and a 200 day moving average price of $54.19.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, equities analysts forecast that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current year.

Institutional Trading of Ultra Clean

A number of institutional investors and hedge funds have recently made changes to their positions in UCTT. Royal Bank of Canada increased its holdings in shares of Ultra Clean by 35.8% during the 1st quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock worth $555,000 after buying an additional 6,841 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Ultra Clean by 16.9% during the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $4,256,000 after buying an additional 28,690 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Ultra Clean by 5.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock worth $566,000 after buying an additional 1,257 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Ultra Clean by 18.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock worth $1,822,000 after buying an additional 13,005 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Ultra Clean by 1,987.5% during the 1st quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock worth $3,173,000 after buying an additional 141,114 shares during the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.

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.