Key Points
- Ultra Clean director Emily Liggett sold 8,198 shares on May 27 at an average price of $92.18, totaling about $755,692. After the sale, she still held 38,152 shares worth about $3.52 million.
- The stock has been strong recently, trading near its 52-week high of $92.29 and well above its 50-day and 200-day moving averages. Ultra Clean opened at $87.29 and has a market cap of about $3.91 billion.
- Ultra Clean beat quarterly earnings expectations, reporting EPS of $0.31 versus the $0.27 estimate and revenue of $533.7 million, up 2.9% year over year. Analysts currently rate the stock a consensus Buy with an average target price of $104.40.
Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report) Director Emily Liggett sold 8,198 shares of the firm's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the sale, the director owned 38,152 shares of the company's stock, valued at $3,516,851.36. This trade represents a 17.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Ultra Clean Stock Performance
Shares of UCTT opened at $87.29 on Friday. The company has a 50-day simple moving average of $74.85 and a two-hundred day simple moving average of $51.74. Ultra Clean Holdings, Inc. has a one year low of $18.93 and a one year high of $92.29. The firm has a market capitalization of $3.91 billion, a PE ratio of -20.35, a price-to-earnings-growth ratio of 1.28 and a beta of 1.94. 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 - Get Free Report) last released its earnings results 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. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm had revenue of $533.70 million during the quarter, compared to analyst estimates of $525.28 million. During the same period last year, the business earned $0.28 earnings per share. The business's revenue was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, analysts anticipate that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current fiscal year.
Institutional Investors Weigh In On Ultra Clean
Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of Ultra Clean by 148.9% during the 3rd 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 grew its position in shares of Ultra Clean by 40.3% during the 4th 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 grew its position in shares of Ultra Clean by 450.0% during the 4th 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 period. AdvisorNet Financial Inc bought a new stake in shares of Ultra Clean during the 1st quarter valued at $34,000. Finally, Smartleaf Asset Management LLC grew its position in shares of Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company's stock valued at $39,000 after acquiring an additional 1,414 shares during the period. Institutional investors own 96.06% of the company's stock.
Analyst Ratings Changes
A number of research firms have commented on UCTT. Craig Hallum reaffirmed a "buy" rating and issued a $100.00 target price on shares of Ultra Clean in a research report on Tuesday, February 24th. Wall Street Zen raised shares of Ultra Clean from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. Oppenheimer lifted their target price on shares of Ultra Clean from $85.00 to $100.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 29th. Zacks Research raised shares of Ultra Clean from a "hold" rating to a "strong-buy" rating in a research report on Monday. Finally, Needham & Company LLC lifted their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Two equities research 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 stock. Based on data from MarketBeat.com, Ultra Clean presently has a consensus rating of "Buy" and an average target price of $104.40.
View Our Latest Stock Analysis on UCTT
About Ultra Clean
(
Get Free Report)
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.
Further Reading
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