Ultra Clean (NASDAQ:UCTT) SVP Jamie Palfrey Sells 8,691 Shares

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) SVP Jamie Palfrey sold 8,691 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the sale, the senior vice president owned 16,446 shares of the company’s stock, valued at approximately $1,311,075.12. This trade represents a 34.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Ultra Clean Trading Down 4.3%

Shares of UCTT stock traded down $3.56 during trading hours on Thursday, reaching $79.90. The company’s stock had a trading volume of 983,507 shares, compared to its average volume of 1,055,828. 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 Holdings, Inc. has a one year low of $18.93 and a one year high of $87.68. The stock has a market capitalization of $3.58 billion, a P/E ratio of -18.62, a P/E/G ratio of 1.17 and a beta of 1.94. The firm’s fifty day simple moving average is $66.94 and its 200 day simple moving average is $45.83.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, topping 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 positive return on equity of 4.28% and a negative net margin of 9.38%.The firm’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Equities research analysts expect that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current year.

Institutional Trading of Ultra Clean

A number of hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC purchased a new position in Ultra Clean during the third quarter valued at $416,000. Optimize Financial Inc purchased a new stake in shares of Ultra Clean in the third quarter worth $1,541,000. Y Intercept Hong Kong Ltd bought a new position in shares of Ultra Clean during the third quarter valued at $962,000. Goodman Financial Corp increased its holdings in shares of Ultra Clean by 3.7% during the fourth quarter. Goodman Financial Corp now owns 558,019 shares of the semiconductor company’s stock valued at $14,135,000 after acquiring an additional 20,011 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Ultra Clean by 90.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock worth $16,052,000 after purchasing an additional 279,953 shares during the last quarter. 96.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on UCTT shares. Zacks Research cut Ultra Clean from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 24th. Craig Hallum reiterated a “buy” rating and issued a $100.00 price objective on shares of Ultra Clean in a report on Tuesday, February 24th. TD Cowen raised their price objective on Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, UBS Group initiated coverage on shares of Ultra Clean in a research report on Tuesday. They issued a “buy” rating and a $130.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Ultra Clean has a consensus rating of “Moderate Buy” and a consensus price target of $104.40.

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.