Insider Selling: Ultra Clean (NASDAQ:UCTT) CFO Sells 15,766 Shares of Stock

Ultra Clean Holdings, Inc. (NASDAQ:UCTTGet Free Report) CFO Sheri Savage sold 15,766 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the sale, the chief financial officer directly owned 50,710 shares in the company, valued at $4,537,023.70. The trade was a 23.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sheri Savage also recently made the following trade(s):

  • On Thursday, June 4th, Sheri Savage sold 14,421 shares of Ultra Clean stock. The stock was sold at an average price of $89.45, for a total value of $1,289,958.45.

Ultra Clean Trading Up 9.5%

Ultra Clean stock traded up $7.95 during mid-day trading on Tuesday, hitting $91.88. 1,545,166 shares of the company’s stock were exchanged, compared to its average volume of 1,280,195. The firm has a market capitalization of $4.12 billion, a P/E ratio of -21.42, a PEG ratio of 1.15 and a beta of 1.94. Ultra Clean Holdings, Inc. has a fifty-two week low of $19.51 and a fifty-two week high of $98.08. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. The company’s 50 day simple moving average is $78.49 and its 200-day simple moving average is $54.84.

Ultra Clean (NASDAQ:UCTTGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, topping 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 firm’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. On average, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on UCTT shares. Needham & Company LLC raised their price objective on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. UBS Group started coverage on Ultra Clean in a research note on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective on the stock. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Craig Hallum reissued a “buy” rating and issued a $100.00 price target on shares of Ultra Clean in a research note on Tuesday, February 24th. Finally, Oppenheimer lifted their price target on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $107.40.

Read Our Latest Research Report on UCTT

Institutional Trading of Ultra Clean

Hedge funds and other institutional investors have recently modified their holdings of the company. Goodman Financial Corp increased its position in shares of Ultra Clean by 3.7% in the fourth quarter. Goodman Financial Corp now owns 558,019 shares of the semiconductor company’s stock valued at $14,135,000 after acquiring an additional 20,011 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Ultra Clean in the fourth quarter valued at about $564,000. JPMorgan Chase & Co. increased its position in shares of Ultra Clean by 90.6% in the third quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock valued at $16,052,000 after acquiring an additional 279,953 shares during the last quarter. Pinnacle Associates Ltd. increased its position in shares of Ultra Clean by 55.7% in the third quarter. Pinnacle Associates Ltd. now owns 393,676 shares of the semiconductor company’s stock valued at $10,728,000 after acquiring an additional 140,822 shares during the last quarter. Finally, Royce & Associates LP increased its position in shares of Ultra Clean by 7.1% in the third quarter. Royce & Associates LP now owns 1,107,416 shares of the semiconductor company’s stock valued at $30,177,000 after acquiring an additional 73,872 shares during the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

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.

See Also

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

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