Cookson Peirce & Co. Inc. Invests $2.32 Million in Ultra Clean Holdings, Inc. $UCTT

Cookson Peirce & Co. Inc. acquired a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,257 shares of the semiconductor company’s stock, valued at approximately $2,318,000.

A number of other hedge funds have also made changes to their positions in the stock. Royal Bank of Canada lifted its position in Ultra Clean by 35.8% in the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock worth $555,000 after purchasing an additional 6,841 shares during the period. AQR Capital Management LLC boosted its stake 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 valued at $4,256,000 after purchasing an additional 28,690 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Ultra Clean by 5.0% during the 1st 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 period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Ultra Clean by 18.0% during 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 valued at $1,822,000 after purchasing an additional 13,005 shares during the period. Finally, Jane Street Group LLC raised its stake 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 buying an additional 141,114 shares in the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

Insider Buying and Selling at Ultra Clean

In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 944 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total transaction of $84,365.28. Following the sale, the general counsel owned 22,941 shares in the company, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sheri Savage sold 15,766 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the sale, the chief financial officer directly owned 50,710 shares of the company’s stock, valued at $4,537,023.70. This represents a 23.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 31,131 shares of company stock valued at $2,784,908. 1.80% of the stock is currently owned by company insiders.

Ultra Clean Price Performance

Shares of NASDAQ:UCTT opened at $69.48 on Friday. Ultra Clean Holdings, Inc. has a one year low of $21.49 and a one year high of $144.22. The stock has a fifty day moving average of $94.17 and a 200-day moving average of $81.04. The company has a market capitalization of $3.11 billion, a PE ratio of -133.62, a price-to-earnings-growth ratio of 0.74 and a beta of 1.88. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.25 and a current ratio of 2.73.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.17. The business 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 was up 24.3% compared to the same quarter last year. During the same period last year, the company posted $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. TD Cowen upped their price objective 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 reaffirmed a “buy” rating on shares of Ultra Clean in a report on Tuesday, August 4th. Needham & Company LLC boosted their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Oppenheimer upped their price target on shares of Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, August 4th. Finally, Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $129.00.

Ultra Clean 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.