Ultra Clean (NASDAQ:UCTT) Shares Down 8.2% – Should You Sell?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares dropped 8.2% on Wednesday . The stock traded as low as $129.17 and last traded at $130.8870. 805,471 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 1,302,988 shares. The stock had previously closed at $142.59.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UCTT. Oppenheimer lifted their price target on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 9th. UBS Group began coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price objective on the stock. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Needham & Company LLC boosted their target price on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ultra Clean in a research note on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $107.40.

Ultra Clean Trading Down 0.0%

The stock has a market capitalization of $4.77 billion, a P/E ratio of -24.82, a PEG ratio of 1.73 and a beta of 1.83. The stock’s fifty day moving average price is $94.73 and its 200 day moving average price is $66.17. 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 announced its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $533.70 million during the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the business posted $0.28 EPS. 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 Transactions at Ultra Clean

In related news, insider Jeffrey L. Mckibben sold 4,205 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $87.00, for a total value of $365,835.00. Following the transaction, the insider owned 11,349 shares of the company’s stock, valued at $987,363. This represents a 27.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Paul Yoonku Cho sold 944 shares of Ultra Clean stock in a transaction on 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 approximately $2,050,237.17. This trade represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 80,106 shares of company stock valued at $6,734,589 in the last ninety days. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Ultra Clean

Several institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in Ultra Clean by 148.9% in the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 554 shares during the period. Quadrant Capital Group LLC raised its holdings in shares of 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 purchasing an additional 284 shares in the last quarter. Danske Bank A S raised its holdings in shares of Ultra Clean by 450.0% in the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 900 shares in the last quarter. AdvisorNet Financial Inc purchased a new stake in shares of Ultra Clean in the 1st quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of Ultra Clean by 472.9% in the 2nd 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 during the period. Hedge funds and other institutional investors own 96.06% of the company’s stock.

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.