Ultra Clean (NASDAQ:UCTT) Shares Down 6.7% – Should You Sell?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares were down 6.7% on Wednesday . The stock traded as low as $76.67 and last traded at $76.3290. Approximately 62,151 shares traded hands during trading, a decline of 95% from the average session volume of 1,333,428 shares. The stock had previously closed at $81.82.

Analysts Set New Price Targets

UCTT has been the topic of a number of recent research reports. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. TD Cowen upped their target price on Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. UBS Group reiterated a “buy” rating on shares of Ultra Clean in a research report on Tuesday, August 4th. Weiss Ratings cut Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, August 7th. Finally, Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $129.00.

Ultra Clean Stock Performance

The firm’s 50-day simple moving average is $99.09 and its two-hundred day simple moving average is $80.11. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $3.27 billion, a PE ratio of -140.40, a PEG ratio of 0.80 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.17. The company had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The company’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, equities research analysts expect that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Emily M. Liggett sold 8,198 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total value of $755,691.64. Following the completion of the sale, the director directly owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. This represents a 17.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Paul Yoonku Cho sold 944 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total value of $84,365.28. Following the sale, the general counsel 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 39,329 shares of company stock valued at $3,540,599. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Ultra Clean

Several institutional investors have recently made changes to their positions in UCTT. Maverick Capital Ltd. acquired a new stake in shares of Ultra Clean during the 1st quarter valued at about $1,263,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Ultra Clean in the fourth quarter worth approximately $564,000. Pinnacle Wealth Management Advisory Group LLC acquired a new position in Ultra Clean in the first quarter worth approximately $710,000. Lombard Odier Asset Management Europe Ltd bought a new position in Ultra Clean during the first quarter valued at approximately $3,197,000. Finally, Castleark Management LLC bought a new position in Ultra Clean during the first quarter valued at approximately $6,226,000. 96.06% of the stock is currently owned by institutional investors and hedge funds.

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.