Ultra Clean (NASDAQ:UCTT) Trading 8.6% Higher – Here’s What Happened

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price traded up 8.6% during trading on Thursday . The stock traded as high as $98.25 and last traded at $98.7150. 315,574 shares changed hands during trading, a decline of 75% from the average session volume of 1,272,332 shares. The stock had previously closed at $90.90.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on UCTT shares. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Wall Street Zen downgraded Ultra Clean from a “buy” rating to a “hold” rating in a research report on Saturday. Oppenheimer upped their target price on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday. Craig Hallum restated a “buy” rating and issued a $100.00 price target on shares of Ultra Clean in a research report on Tuesday, February 24th. Finally, Needham & Company LLC lifted their price target on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $107.40.

Ultra Clean Stock Up 3.9%

The company has a market cap of $4.88 billion, a PE ratio of -25.38, a P/E/G ratio of 1.40 and a beta of 1.94. The firm has a 50-day simple moving average of $81.61 and a two-hundred day simple moving average of $56.77. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. The business had revenue of $533.70 million for 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 was up 2.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

Insider Activity at Ultra Clean

In related news, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total transaction of $692,846.52. Following the transaction, the senior vice president owned 16,446 shares of the company’s stock, valued at approximately $1,311,075.12. This represents a 34.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Sheri Savage sold 15,766 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the sale, the chief financial officer owned 50,710 shares in the company, valued at approximately $4,537,023.70. This trade represents a 23.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 80,106 shares of company stock worth $6,734,589 over the last three months. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its position in shares of Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 196 shares during the period. Quadrant Capital Group LLC increased its stake in 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 purchasing an additional 284 shares during the last quarter. ProShare Advisors LLC lifted its position in Ultra Clean by 2.7% during the fourth quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock worth $342,000 after buying an additional 350 shares during the period. State of Alaska Department of Revenue boosted its stake in Ultra Clean by 1.6% in the 4th quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock worth $635,000 after buying an additional 400 shares during the last quarter. Finally, Swiss National Bank boosted its stake in Ultra Clean by 0.4% in the 1st quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock worth $5,584,000 after buying an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Ultra Clean Company 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.