Key Points
- Ultra Clean General Counsel Paul Yoonku Cho sold 944 shares on June 2 at an average price of $89.37, generating $84,365.28. After the sale, he still held 22,941 shares worth about $2.05 million.
- The company’s stock has been moving higher, recently trading up 1.2% to $93.69 and sitting near its 12-month high of $94.95. Ultra Clean also trades well above its 50-day and 200-day moving averages.
- Analysts remain largely bullish on UCTT after the company beat quarterly EPS and revenue estimates in late April. The consensus rating is “Buy,” with a consensus price target of $104.40.
Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Get Free Report) General Counsel Paul Yoonku Cho sold 944 shares of the company's stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total value of $84,365.28. Following the completion of the sale, the general counsel owned 22,941 shares of the company's stock, valued at $2,050,237.17. This represents a 3.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Paul Yoonku Cho also recently made the following trade(s):
- On Friday, May 8th, Paul Yoonku Cho sold 2,000 shares of Ultra Clean stock. The shares were sold at an average price of $86.89, for a total value of $173,780.00.
Ultra Clean Trading Up 1.2%
NASDAQ UCTT opened at $93.69 on Friday. The stock has a 50-day simple moving average of $77.66 and a 200 day simple moving average of $53.99. The company has a market capitalization of $4.20 billion, a PE ratio of -21.84, a P/E/G ratio of 1.30 and a beta of 1.94. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86. Ultra Clean Holdings, Inc. has a 12 month low of $19.51 and a 12 month high of $94.95.
Ultra Clean (NASDAQ:UCTT - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The business had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. The firm'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. Research analysts forecast that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current year.
Analyst Ratings Changes
A number of research analysts have issued reports on the company. Oppenheimer boosted their target price on Ultra Clean from $85.00 to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, April 29th. Wall Street Zen raised Ultra Clean from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. TD Cowen boosted their target price on Ultra Clean from $70.00 to $100.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. UBS Group assumed coverage on Ultra Clean in a research note on Tuesday, May 5th. They issued a "buy" rating and a $130.00 target price for the company. Finally, Craig Hallum reissued a "buy" rating and issued a $100.00 target price on shares of Ultra Clean in a research note on Tuesday, February 24th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $104.40.
Get Our Latest Report on UCTT
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Foguth Wealth Management LLC. acquired a new position in shares of Ultra Clean during the first quarter worth about $215,000. Liontrust Investment Partners LLP acquired a new position in shares of Ultra Clean during the first quarter worth about $2,411,000. Bank of America Corp DE boosted its position in shares of Ultra Clean by 502.4% during the first quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company's stock worth $28,231,000 after buying an additional 378,648 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Ultra Clean by 37.3% during the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company's stock worth $45,000 after buying an additional 196 shares during the period. Finally, California State Teachers Retirement System boosted its position in shares of Ultra Clean by 24.3% during the first quarter. California State Teachers Retirement System now owns 51,643 shares of the semiconductor company's stock worth $3,211,000 after buying an additional 10,084 shares during the period. 96.06% of the stock is owned by institutional investors and hedge funds.
Ultra Clean Company Profile
(
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.
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