Ultra Clean (NASDAQ:UCTT) Insider Jeffrey Mckibben Sells 2,500 Shares of Stock

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) insider Jeffrey Mckibben sold 2,500 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $86.48, for a total transaction of $216,200.00. Following the completion of the transaction, the insider owned 15,554 shares of the company’s stock, valued at $1,345,109.92. This trade represents a 13.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ultra Clean Trading Down 2.9%

Ultra Clean stock opened at $82.99 on Wednesday. The firm has a 50 day simple moving average of $68.31 and a 200-day simple moving average of $47.02. 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 stock has a market capitalization of $3.72 billion, a PE ratio of -19.34, a price-to-earnings-growth ratio of 1.20 and a beta of 1.94. Ultra Clean Holdings, Inc. has a 12-month low of $18.93 and a 12-month high of $88.37.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) 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 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 business’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm posted $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, equities research analysts expect that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current fiscal year.

Institutional Trading of Ultra Clean

Several institutional investors and hedge funds have recently added to or reduced their stakes in UCTT. Royal Bank of Canada lifted its stake in Ultra Clean by 35.8% during the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock valued at $555,000 after purchasing an additional 6,841 shares during the last quarter. AQR Capital Management LLC lifted its stake in Ultra Clean by 16.9% during the first quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock valued at $4,256,000 after purchasing an additional 28,690 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Ultra Clean by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock valued at $566,000 after purchasing an additional 1,257 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Ultra Clean by 18.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock valued at $1,822,000 after purchasing an additional 13,005 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in Ultra Clean by 1,987.5% during the first quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock valued at $3,173,000 after purchasing an additional 141,114 shares during the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on UCTT shares. Oppenheimer increased their price objective on shares of Ultra Clean from $85.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. TD Cowen increased their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Craig Hallum reiterated a “buy” rating and issued a $100.00 price objective on shares of Ultra Clean in a report on Tuesday, February 24th. Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. 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 note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Ultra Clean presently has a consensus rating of “Moderate Buy” and a consensus 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.