Ultra Clean (NASDAQ:UCTT) Shares Gap Up – What’s Next?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) shares gapped up before the market opened on Tuesday . The stock had previously closed at $91.76, but opened at $97.52. Ultra Clean shares last traded at $97.5810, with a volume of 84,529 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on UCTT shares. Weiss Ratings upgraded shares of Ultra Clean from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th. Oppenheimer lifted their target price on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 9th. TD Cowen boosted their target price on Ultra Clean from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Finally, UBS Group initiated coverage on Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $113.40.

Ultra Clean Trading Up 8.2%

The firm has a fifty day moving average of $99.31 and a two-hundred day moving average of $72.44. The company has a market cap of $4.45 billion, a PE ratio of -23.20, a price-to-earnings-growth ratio of 1.23 and a beta of 1.83. 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) last announced its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $533.70 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, sell-side analysts predict that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current year.

Insider Buying and Selling

In related news, Director Emily M. Liggett sold 8,198 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total transaction of $755,691.64. Following the sale, the director directly owned 38,152 shares in the company, valued at approximately $3,516,851.36. This represents a 17.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Sheri Savage sold 15,766 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the completion of the transaction, the chief financial officer directly owned 50,710 shares of the company’s stock, valued at approximately $4,537,023.70. This trade represents a 23.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 80,106 shares of company stock valued at $6,734,589. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Ultra Clean

A number of large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its position in shares of Ultra Clean by 37.3% during the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 196 shares during the period. Quadrant Capital Group LLC boosted its position in Ultra Clean by 40.3% during 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 in the last quarter. ProShare Advisors LLC boosted its position in Ultra Clean by 2.7% during the 4th quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company’s stock valued at $342,000 after acquiring an additional 350 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Ultra Clean by 1.6% during the 4th quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock worth $635,000 after acquiring an additional 400 shares during the period. Finally, Swiss National Bank raised its position in shares of Ultra Clean by 0.4% in the 1st quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock worth $5,584,000 after acquiring an additional 400 shares in the last quarter. 96.06% of the stock is owned by institutional investors.

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.