Castleark Management LLC Takes Position in Ultra Clean Holdings, Inc. $UCTT

Castleark Management LLC purchased a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 95,770 shares of the semiconductor company’s stock, valued at approximately $13,656,000.

Several other large investors have also recently added to or reduced their stakes in UCTT. Royal Bank of Canada increased its stake in Ultra Clean by 35.8% during the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock valued at $555,000 after purchasing an additional 6,841 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Ultra Clean by 16.9% in the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $4,256,000 after buying an additional 28,690 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Ultra Clean by 5.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock worth $566,000 after buying an additional 1,257 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Ultra Clean by 18.0% in 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 buying an additional 13,005 shares during the period. Finally, Jane Street Group LLC boosted its holdings 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 valued at $3,173,000 after buying an additional 141,114 shares during the period. 96.06% of the stock is currently owned by institutional investors.

Ultra Clean Stock Up 0.7%

Ultra Clean stock opened at $73.32 on Wednesday. The company has a 50-day simple moving average of $96.90 and a 200-day simple moving average of $80.73. The firm has a market capitalization of $3.29 billion, a P/E ratio of -141.00, a P/E/G ratio of 0.78 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 Holdings, Inc. has a one year low of $21.49 and a one year high of $144.22.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.17. The firm had revenue of $644.90 million for the quarter, compared to the consensus estimate of $587.65 million. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. Ultra Clean’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same period last year, the firm posted $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities analysts expect that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current year.

Insider Activity at Ultra Clean

In other Ultra Clean news, CFO Sheri Savage sold 15,766 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief financial officer owned 50,710 shares in the company, valued at approximately $4,537,023.70. This trade represents a 23.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of Ultra Clean stock in a transaction that occurred 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 in the company, valued at approximately $2,050,237.17. This trade represents a 3.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 31,131 shares of company stock worth $2,784,908 in the last 90 days. 1.80% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on UCTT shares. UBS Group reiterated a “buy” rating on shares of Ultra Clean in a research note on Tuesday, August 4th. Needham & Company LLC lifted their target price on Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Oppenheimer upped their target price on Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, August 4th. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Finally, Weiss Ratings downgraded Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.00.

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.