Janney Montgomery Scott LLC cut its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) by 46.1% during the 1st quarter, Holdings Channel reports. The firm owned 17,381 shares of the semiconductor company’s stock after selling 14,840 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Ultra Clean were worth $1,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently modified their holdings of the company. AdvisorNet Financial Inc acquired a new stake in Ultra Clean in the 1st quarter valued at about $34,000. Quadrant Capital Group LLC raised its stake in Ultra Clean by 40.3% in the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 284 shares during the period. Danske Bank A S raised its stake in Ultra Clean by 450.0% in the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 900 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Ultra Clean in the third quarter valued at approximately $45,000. Finally, Smartleaf Asset Management LLC lifted its position 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 valued at $39,000 after buying an additional 1,414 shares during the last quarter. 96.06% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of research firms recently weighed in on UCTT. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a report on Friday, June 26th. UBS Group began coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective for the company. TD Cowen increased their price objective on shares of Ultra Clean from $100.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday. Needham & Company LLC raised their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ultra Clean currently has an average rating of “Buy” and a consensus price target of $113.40.
Ultra Clean Stock Performance
NASDAQ:UCTT opened at $106.27 on Monday. The stock has a 50 day simple moving average of $97.64 and a 200 day simple moving average of $69.44. The stock has a market cap of $4.76 billion, a P/E ratio of -24.77, a PEG ratio of 1.42 and a beta of 1.83. Ultra Clean Holdings, Inc. has a 1-year low of $21.28 and a 1-year high of $144.22. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The firm had revenue of $533.70 million for the quarter, compared to analysts’ expectations of $525.28 million. During the same quarter last year, the business earned $0.28 EPS. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Research analysts anticipate 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 Ultra Clean news, CFO Sheri Savage sold 15,766 shares of Ultra Clean stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $89.47, for a total value of $1,410,584.02. Following the completion of the sale, the chief financial officer owned 50,710 shares in the company, valued at $4,537,023.70. The trade was a 23.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jamie J. Palfrey sold 8,691 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total transaction of $692,846.52. Following the completion of the sale, the senior vice president directly owned 16,446 shares of the company’s stock, valued at $1,311,075.12. This represents a 34.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 80,106 shares of company stock valued at $6,734,589 in the last quarter. Company insiders own 1.80% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Ultra Clean
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Want to see what other hedge funds are holding UCTT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report).
Receive News & Ratings for Ultra Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Clean and related companies with MarketBeat.com's FREE daily email newsletter.
