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

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) insider Jeffrey Mckibben sold 4,205 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $87.00, for a total transaction of $365,835.00. Following the transaction, the insider owned 11,349 shares of the company’s stock, valued at $987,363. This represents a 27.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Ultra Clean Stock Performance

NASDAQ:UCTT opened at $76.98 on Wednesday. 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 company has a fifty day moving average of $70.78 and a two-hundred day moving average of $48.87. The stock has a market capitalization of $3.45 billion, a PE ratio of -17.94, a P/E/G ratio of 1.09 and a beta of 1.94. Ultra Clean Holdings, Inc. has a fifty-two week low of $18.93 and a fifty-two week high of $88.50.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data 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. The company had revenue of $533.70 million during the quarter, compared to analysts’ expectations of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, research analysts forecast that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ultra Clean

A number of hedge funds have recently modified their holdings of UCTT. Invesco Ltd. grew its holdings in shares of Ultra Clean by 63.1% in the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock valued at $86,118,000 after purchasing an additional 1,315,407 shares during the period. Cooper Creek Partners Management LLC purchased a new stake in shares of Ultra Clean in the first quarter valued at about $36,486,000. Millennium Management LLC grew its holdings in shares of Ultra Clean by 944.8% in the fourth quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company’s stock valued at $14,184,000 after purchasing an additional 506,363 shares during the period. SG Americas Securities LLC grew its holdings in shares of Ultra Clean by 348.7% in the first quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company’s stock valued at $35,167,000 after purchasing an additional 439,526 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Ultra Clean by 502.4% in the first quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock valued at $28,231,000 after purchasing an additional 378,648 shares during the period. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Oppenheimer increased their target price on shares of Ultra Clean from $85.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. TD Cowen increased their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Craig Hallum reiterated a “buy” rating and issued a $100.00 target price on shares of Ultra Clean in a research report on Tuesday, February 24th. Finally, Needham & Company LLC increased their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $104.40.

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.