Ultra Clean (NASDAQ:UCTT) Insider Jeffrey Mckibben Sells 4,205 Shares

Ultra Clean Holdings, Inc. (NASDAQ:UCTTGet Free Report) insider Jeffrey Mckibben sold 4,205 shares of Ultra Clean stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $87.00, for a total value of $365,835.00. Following the sale, the insider directly owned 11,349 shares in the company, valued at approximately $987,363. The trade was a 27.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Ultra Clean Stock Down 9.6%

Shares of NASDAQ UCTT opened at $77.65 on Tuesday. Ultra Clean Holdings, Inc. has a 1 year low of $18.93 and a 1 year high of $88.50. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of -18.10, a PEG ratio of 1.20 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 stock’s 50-day simple moving average is $70.25 and its 200-day simple moving average is $48.53.

Ultra Clean (NASDAQ:UCTTGet Free Report) last announced its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $525.28 million. During the same period in the previous year, the company earned $0.28 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ultra Clean

Hedge funds have recently bought and sold shares of the company. AdvisorNet Financial Inc acquired a new position in Ultra Clean in the first quarter worth about $34,000. EverSource Wealth Advisors LLC boosted its stake in 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 acquiring an additional 196 shares during the period. Quadrant Capital Group LLC boosted 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 acquiring an additional 284 shares during the period. Danske Bank A S boosted its stake in Ultra Clean by 450.0% in 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 period. Finally, KBC Group NV acquired a new position in Ultra Clean in the first quarter valued at approximately $75,000. 96.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on UCTT shares. Needham & Company LLC lifted their target price on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. UBS Group began coverage on Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price on the stock. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research downgraded Ultra Clean from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 24th. Finally, TD Cowen lifted their price target on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ultra Clean has a consensus rating of “Moderate Buy” and an average price target of $104.40.

Check Out Our Latest Stock Analysis on Ultra Clean

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.

Further Reading

Insider Buying and Selling by Quarter for Ultra Clean (NASDAQ:UCTT)

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