Morgan Dempsey Capital Management LLC Sells 5,896 Shares of Ultra Clean Holdings, Inc. $UCTT

Morgan Dempsey Capital Management LLC cut its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 53.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,179 shares of the semiconductor company’s stock after selling 5,896 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Ultra Clean were worth $322,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Royal Bank of Canada boosted its position 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 acquiring an additional 6,841 shares during the last quarter. AQR Capital Management LLC grew its holdings in Ultra Clean by 16.9% during the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $4,256,000 after acquiring an additional 28,690 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ultra Clean by 5.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock worth $566,000 after acquiring an additional 1,257 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Ultra Clean by 18.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock worth $1,822,000 after acquiring an additional 13,005 shares in the last quarter. Finally, Jane Street Group LLC raised its position in shares of Ultra Clean by 1,987.5% in the 1st quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock worth $3,173,000 after acquiring an additional 141,114 shares in the last quarter. Institutional investors own 96.06% of the company’s stock.

Insider Transactions at Ultra Clean

In related news, CFO Sheri Savage sold 15,766 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the transaction, the chief financial officer directly owned 50,710 shares in the company, valued at $4,537,023.70. This trade represents a 23.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of the stock in a transaction 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 transaction, the general counsel owned 22,941 shares in the company, valued at approximately $2,050,237.17. This represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 80,106 shares of company stock valued at $6,734,589. Company insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. UBS Group started coverage on Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price on the stock. 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. Oppenheimer lifted their target price on Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, June 9th. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. Finally, Weiss Ratings raised shares of Ultra Clean from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ultra Clean currently has an average rating of “Buy” and an average price target of $113.40.

Ultra Clean Price Performance

UCTT stock opened at $92.43 on Friday. The stock has a market capitalization of $4.14 billion, a PE ratio of -21.55, a price-to-earnings-growth ratio of 1.23 and a beta of 1.83. The company’s 50-day moving average is $99.18 and its 200-day moving average is $71.65. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. Ultra Clean Holdings, Inc. has a 1 year low of $21.28 and a 1 year high of $144.22.

Ultra Clean (NASDAQ:UCTT) last issued its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating the consensus estimate 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 company had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. During the same period last year, the business posted $0.28 EPS. The firm’s revenue for the quarter 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. Equities research analysts expect that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

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.