Insider Selling: Ultra Clean (NASDAQ:UCTT) General Counsel Sells $84,365.28 in Stock

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) General Counsel Paul Yoonku Cho sold 944 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were 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 directly owned 22,941 shares of the company’s stock, valued at $2,050,237.17. The trade was a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Paul Yoonku Cho also recently made the following trade(s):

• On Friday, May 8th, Paul Yoonku Cho sold 2,000 shares of Ultra Clean stock. The shares were sold at an average price of $86.89, for a total value of $173,780.00.

Ultra Clean Stock Down 12.4%

UCTT opened at $82.07 on Friday. The business has a 50 day moving average price of $78.00 and a two-hundred day moving average price of $54.19. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. The company has a market cap of $3.68 billion, a PE ratio of -19.13, a P/E/G ratio of 1.15 and a beta of 1.94. Ultra Clean Holdings, Inc. has a 52 week low of $19.51 and a 52 week high of $94.95.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm 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 firm’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Needham & Company LLC upped their price objective on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Craig Hallum reissued a “buy” rating and set a $100.00 target price on shares of Ultra Clean in a research note on Tuesday, February 24th. Finally, UBS Group started coverage on Ultra Clean in a research note on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ultra Clean has an average rating of “Buy” and a consensus price target of $104.40.

Hedge Funds Weigh In On Ultra Clean

A number of large investors have recently modified their holdings of the business. Foguth Wealth Management LLC. purchased a new position in shares of Ultra Clean during the 1st quarter worth approximately $215,000. Liontrust Investment Partners LLP purchased a new position in shares of Ultra Clean during the 1st quarter worth approximately $2,411,000. Bank of America Corp DE grew its holdings in shares of Ultra Clean by 502.4% in the 1st quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock worth $28,231,000 after acquiring an additional 378,648 shares during the period. EverSource Wealth Advisors LLC increased its stake in Ultra Clean by 37.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 196 shares in the last quarter. Finally, California State Teachers Retirement System increased its stake in Ultra Clean by 24.3% in the 1st quarter. California State Teachers Retirement System now owns 51,643 shares of the semiconductor company’s stock valued at $3,211,000 after purchasing an additional 10,084 shares in 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.