6,378 Shares in Ultra Clean Holdings, Inc. $UCTT Bought by Perigon Wealth Management LLC

Perigon Wealth Management LLC acquired a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,378 shares of the semiconductor company’s stock, valued at approximately $909,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC raised its stake in Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 284 shares during the period. Danske Bank A S boosted its position in Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 900 shares during the period. AdvisorNet Financial Inc purchased a new position in shares of Ultra Clean in the first quarter worth about $34,000. Smartleaf Asset Management LLC increased its stake in shares of Ultra Clean by 472.9% in the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,414 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Ultra Clean by 37.3% in the first 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 during the period. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

Ultra Clean Stock Performance

NASDAQ:UCTT opened at $81.82 on Wednesday. The company has a market capitalization of $3.67 billion, a price-to-earnings ratio of -157.35, a PEG ratio of 0.91 and a beta of 1.88. The business has a 50 day moving average of $100.04 and a 200 day moving average of $79.71. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.73 and a quick ratio of 1.25. Ultra Clean Holdings, Inc. has a 1-year low of $21.49 and a 1-year high of $144.22.

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, beating analysts’ consensus estimates of $0.53 by $0.17. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The firm had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. During the same quarter in the prior year, the firm posted $0.27 earnings per share. The business’s quarterly revenue was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, sell-side analysts predict that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. UBS Group restated a “buy” rating on shares of Ultra Clean in a research note on Tuesday, August 4th. Oppenheimer upped their price target on Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Weiss Ratings downgraded shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, August 7th. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Finally, TD Cowen boosted their price objective on shares of Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $129.00.

Insiders Place Their Bets

In other news, General Counsel Paul Yoonku Cho sold 944 shares of the company’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 sale, the general counsel directly owned 22,941 shares of the company’s stock, valued at $2,050,237.17. This represents a 3.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Emily M. Liggett sold 8,198 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the sale, 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 position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 39,329 shares of company stock worth $3,540,599. 1.80% of the stock is owned by corporate insiders.

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.