Ultra Clean (NASDAQ:UCTT) Shares Gap Down – Time to Sell?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $105.53, but opened at $97.00. Ultra Clean shares last traded at $95.0610, with a volume of 224,687 shares.

Analysts Set New Price Targets

Several equities analysts recently commented on UCTT shares. Needham & Company LLC upped their price target on shares of Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research note on Friday, June 26th. UBS Group assumed coverage on Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 target price for the company. Oppenheimer upped their target price on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, June 9th. Finally, TD Cowen increased their price target on Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $107.40.

Ultra Clean Trading Down 11.9%

The stock has a market capitalization of $4.17 billion, a P/E ratio of -21.73, a PEG ratio of 1.42 and a beta of 1.83. The stock’s fifty day moving average price is $95.84 and its 200 day moving average price is $67.31. 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 (NASDAQ:UCTT) last released 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. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The company had revenue of $533.70 million during the quarter, compared to analysts’ expectations of $525.28 million. During the same period in the previous year, the company earned $0.28 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Research analysts forecast that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current year.

Insider Buying and Selling at Ultra Clean

In other news, Director Emily M. Liggett sold 8,198 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the transaction, the director owned 38,152 shares in the company, valued at approximately $3,516,851.36. This trade represents a 17.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Paul Yoonku Cho sold 944 shares of Ultra Clean 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 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 SEC filing for this sale provides additional information. Insiders sold a total of 80,106 shares of company stock worth $6,734,589 over the last quarter. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Ultra Clean

Large investors have recently modified their holdings of the business. CoreCap Advisors LLC purchased a new stake in shares of Ultra Clean in the 2nd quarter worth approximately $410,000. Lombard Odier Asset Management Europe Ltd purchased a new stake in Ultra Clean during the first quarter worth $3,197,000. Foguth Wealth Management LLC. purchased a new stake in Ultra Clean during the first quarter worth $215,000. Liontrust Investment Partners LLP bought a new stake in Ultra Clean during the 1st quarter valued at $2,411,000. Finally, Bank of America Corp DE boosted its position in Ultra Clean by 502.4% during the 1st quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock valued at $28,231,000 after acquiring an additional 378,648 shares in the last quarter. Institutional investors own 96.06% of the company’s stock.

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.