Ultra Clean (NASDAQ:UCTT) Shares Down 10.3% – Time to Sell?

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) were down 10.3% during mid-day trading on Wednesday . The company traded as low as $93.29 and last traded at $93.0390. 562,449 shares changed hands during trading, a decline of 58% from the average daily volume of 1,325,644 shares. The stock had previously closed at $103.77.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on UCTT. TD Cowen lifted their target price on Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a research report on Tuesday, July 7th. Weiss Ratings upgraded shares of Ultra Clean from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. UBS Group started coverage on shares of Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 target price on the stock. Finally, Needham & Company LLC lifted their price target on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $113.40.

Ultra Clean Price Performance

The stock has a 50 day moving average of $98.45 and a 200-day moving average of $70.50. The stock has a market capitalization of $4.51 billion, a P/E ratio of -23.44, a price-to-earnings-growth ratio of 1.31 and a beta of 1.83. 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 (NASDAQ:UCTT) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share 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 quarter last year, the firm posted $0.28 earnings per share. The business’s 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. On average, equities research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

Insider Activity at Ultra Clean

In other Ultra Clean news, CFO Sheri Savage sold 15,766 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $89.47, for a total value of $1,410,584.02. Following the completion of the sale, the chief financial officer directly owned 50,710 shares of the company’s stock, valued at $4,537,023.70. The trade was a 23.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was 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 in the company, valued at $1,311,075.12. This 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 a total of 80,106 shares of company stock worth $6,734,589 over the last ninety days. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Harbor Investment Advisory LLC bought a new stake in Ultra Clean during the 2nd quarter valued at $62,000. AdvisorNet Financial Inc bought a new position in shares of Ultra Clean during the 1st quarter worth $34,000. EverSource Wealth Advisors LLC increased its stake 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 valued at $45,000 after buying an additional 196 shares during the period. 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 acquiring an additional 284 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Ultra Clean in the second quarter worth about $141,000. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

About Ultra Clean

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.