Paul Yoonku Cho Sells 944 Shares of Ultra Clean (NASDAQ:UCTT) Stock

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) General Counsel Paul Yoonku Cho sold 944 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total transaction of $84,365.28. Following the sale, the general counsel directly owned 22,941 shares of the company’s stock, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Paul Yoonku Cho also recently made the following trade(s):

• On Friday, May 8th, Paul Yoonku Cho sold 2,000 shares of Ultra Clean stock. The shares were sold at an average price of $86.89, for a total transaction of $173,780.00.

Ultra Clean Price Performance

UCTT opened at $82.07 on Friday. The company has a fifty day simple moving average of $78.00 and a 200 day simple moving average of $54.19. The firm has a market cap of $3.68 billion, a price-to-earnings ratio of -19.13, a PEG ratio of 1.31 and a beta of 1.94. Ultra Clean Holdings, Inc. has a twelve month low of $19.51 and a twelve month high of $94.95. 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 released its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $533.70 million during the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The business’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the business earned $0.28 EPS. 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 fiscal year.

Hedge Funds Weigh In On Ultra Clean

Several large investors have recently added to or reduced their stakes in UCTT. Invesco Ltd. boosted its holdings in Ultra Clean by 63.1% in the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after purchasing an additional 1,315,407 shares during the period. Cooper Creek Partners Management LLC acquired a new position in Ultra Clean in the first quarter worth $36,486,000. Millennium Management LLC boosted its holdings in Ultra Clean by 944.8% in the fourth quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company’s stock worth $14,184,000 after purchasing an additional 506,363 shares during the period. SG Americas Securities LLC lifted its position in shares of Ultra Clean by 348.7% in the 1st quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company’s stock worth $35,167,000 after buying an additional 439,526 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Ultra Clean by 502.4% in the 1st quarter. Bank of America Corp DE now owns 454,020 shares of the semiconductor company’s stock valued at $28,231,000 after buying an additional 378,648 shares during the period. 96.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Needham & Company LLC raised their price target on shares of Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. UBS Group started coverage on shares of Ultra Clean in a research note on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective on the stock. Oppenheimer increased their price objective on shares of Ultra Clean from $85.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Finally, TD Cowen increased their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $104.40.

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.