Insight Wealth Strategies LLC Invests $6.77 Million in Ultra Clean Holdings, Inc. $UCTT

Insight Wealth Strategies LLC acquired a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTTFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 47,463 shares of the semiconductor company’s stock, valued at approximately $6,768,000. Insight Wealth Strategies LLC owned about 0.11% of Ultra Clean as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in UCTT. Vanguard Group Inc. boosted its holdings in Ultra Clean by 6.2% in the fourth quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock valued at $126,415,000 after purchasing an additional 293,048 shares in the last quarter. Invesco Ltd. increased its stake in Ultra Clean by 63.1% in the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock valued at $86,118,000 after purchasing an additional 1,315,407 shares during the last quarter. State Street Corp raised its holdings in Ultra Clean by 5.0% during the fourth quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock worth $46,923,000 after purchasing an additional 87,931 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Ultra Clean by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock worth $20,798,000 after purchasing an additional 43,987 shares in the last quarter. Finally, Cooper Creek Partners Management LLC purchased a new stake in shares of Ultra Clean during the 1st quarter worth approximately $36,486,000. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Trading Up 4.6%

Shares of Ultra Clean stock opened at $86.07 on Wednesday. The company has a 50-day moving average of $100.16 and a two-hundred day moving average of $78.19. Ultra Clean Holdings, Inc. has a 12-month low of $21.49 and a 12-month high of $144.22. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. The stock has a market cap of $3.86 billion, a PE ratio of -165.52, a price-to-earnings-growth ratio of 0.88 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTTGet Free Report) last announced its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.53 by $0.17. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The business had revenue of $644.90 million for the quarter, compared to analyst estimates of $587.65 million. During the same quarter in the previous year, the company earned $0.27 EPS. The company’s quarterly revenue was up 24.3% on a year-over-year basis. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.

Insider Transactions at Ultra Clean

In related news, CFO Sheri Savage sold 15,766 shares of the business’s 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 sale, the chief financial officer directly owned 50,710 shares in the company, valued at $4,537,023.70. The trade was a 23.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total transaction of $84,365.28. Following the completion of the sale, the general counsel directly owned 22,941 shares in the company, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 43,534 shares of company stock worth $3,906,434. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Needham & Company LLC upped their target price on shares of Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. UBS Group reissued a “buy” rating on shares of Ultra Clean in a research report on Tuesday, August 4th. TD Cowen upped their price objective on shares of Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Weiss Ratings lowered Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday. Finally, Oppenheimer raised their price objective on Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $129.00.

Get Our Latest Stock Analysis on Ultra Clean

About Ultra Clean

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Ultra Clean (NASDAQ:UCTT)

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