SG Americas Securities LLC Buys 439,526 Shares of Ultra Clean Holdings, Inc. $UCTT

SG Americas Securities LLC increased its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 348.7% during the first quarter, Holdings Channel reports. The institutional investor owned 565,569 shares of the semiconductor company’s stock after purchasing an additional 439,526 shares during the period. SG Americas Securities LLC’s holdings in Ultra Clean were worth $35,167,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Invesco Ltd. raised its holdings in Ultra Clean by 63.1% during the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after buying an additional 1,315,407 shares during the last quarter. Summit Global Investments bought a new stake in shares of Ultra Clean during the fourth quarter worth about $210,000. State of Tennessee Department of Treasury increased its position in shares of Ultra Clean by 25.1% during the fourth quarter. State of Tennessee Department of Treasury now owns 23,557 shares of the semiconductor company’s stock worth $597,000 after acquiring an additional 4,732 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Ultra Clean in the 4th quarter worth about $504,000. Finally, VARCOV Co. acquired a new stake in shares of Ultra Clean in the 4th quarter worth about $361,000. Institutional investors own 96.06% of the company’s stock.

Wall Street Analysts Forecast Growth

UCTT has been the topic of a number of recent research reports. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. UBS Group initiated coverage on Ultra Clean in a report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price target for the company. Needham & Company LLC increased their price target on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Oppenheimer raised their price objective on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, June 9th. Finally, Craig Hallum reaffirmed a “buy” rating and set a $100.00 price objective on shares of Ultra Clean in a report on Tuesday, February 24th. 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. According to MarketBeat, Ultra Clean presently has an average rating of “Buy” and an average price target of $107.40.

Insider Buying and Selling

In related news, SVP Jamie J. Palfrey sold 8,691 shares of the business’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 completion of the transaction, the senior vice president owned 16,446 shares of the company’s stock, valued at approximately $1,311,075.12. The trade was a 34.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher S. Cook sold 11,903 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $75.31, for a total transaction of $896,414.93. Following the sale, the insider directly owned 108,905 shares in the company, valued at $8,201,635.55. This trade represents a 9.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 80,106 shares of company stock valued at $6,734,589 in the last three months. Insiders own 1.80% of the company’s stock.

Ultra Clean Stock Performance

Shares of UCTT opened at $111.63 on Wednesday. The stock’s 50-day simple moving average is $88.44 and its 200 day simple moving average is $61.47. The stock has a market capitalization of $5.00 billion, a price-to-earnings ratio of -26.02, a price-to-earnings-growth ratio of 1.64 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. Ultra Clean Holdings, Inc. has a 52-week low of $20.30 and a 52-week high of $125.00.

Ultra Clean (NASDAQ:UCTT) last posted its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share 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 analyst estimates of $525.28 million. During the same quarter in the previous year, the firm earned $0.28 EPS. The company’s quarterly revenue 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. Research analysts forecast that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

Ultra Clean 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.