Ultra Clean (NASDAQ:UCTT) Shares Gap Down – Should You Sell?

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) gapped down before the market opened on Wednesday . The stock had previously closed at $105.15, but opened at $100.33. Ultra Clean shares last traded at $103.0230, with a volume of 41,892 shares traded.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Needham & Company LLC upped their price objective on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Oppenheimer increased their price objective on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. TD Cowen raised their target price on Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings upgraded Ultra Clean from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ultra Clean presently has a consensus rating of “Buy” and a consensus price target of $113.40.

Ultra Clean Price Performance

The stock has a 50-day moving average price of $99.75 and a 200 day moving average price of $73.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. The firm has a market cap of $4.64 billion, a price-to-earnings ratio of -24.08, a PEG ratio of 1.23 and a beta of 1.83.

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 the consensus estimate of $0.27 by $0.04. The business had revenue of $533.70 million during 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 business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, equities research analysts forecast that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 944 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was 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 in the company, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jamie J. Palfrey sold 8,691 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total transaction of $692,846.52. Following the transaction, the senior vice president owned 16,446 shares in the company, valued at approximately $1,311,075.12. This trade represents a 34.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 80,106 shares of company stock valued at $6,734,589 in the last 90 days. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Quadrant Capital Group LLC raised its holdings in shares of 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 buying an additional 284 shares during the last quarter. Danske Bank A S grew its holdings in shares of Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after buying an additional 900 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in Ultra Clean in the 1st quarter valued at about $34,000. Smartleaf Asset Management LLC increased its position in Ultra Clean by 472.9% in 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. Finally, EverSource Wealth Advisors LLC raised its stake in Ultra Clean by 37.3% during the 1st 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 last quarter. 96.06% of the stock is owned by hedge funds and other institutional investors.

Ultra Clean Company 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.