Ultra Clean (NASDAQ:UCTT) Shares Gap Down – Here’s What Happened

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $92.91, but opened at $86.67. Ultra Clean shares last traded at $89.4170, with a volume of 222,937 shares changing hands.

Analyst Ratings Changes

UCTT has been the topic of a number of research reports. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Weiss Ratings cut Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, August 7th. Oppenheimer increased their price objective on Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Finally, Needham & Company LLC raised their price objective on Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. One 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’s stock. According to data from MarketBeat, Ultra Clean has a consensus rating of “Moderate Buy” and a consensus price target of $129.00.

Ultra Clean Stock Down 7.0%

The company has a quick ratio of 1.25, a current ratio of 2.73 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $3.87 billion, a PE ratio of -166.10, a price-to-earnings-growth ratio of 0.97 and a beta of 1.88. The business’s 50 day simple moving average is $100.11 and its 200 day simple moving average is $78.87.

Ultra Clean (NASDAQ:UCTT) last released its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.17. The business 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%. The firm’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 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, analysts forecast that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.

Insider Activity at Ultra Clean

In related news, CFO Sheri Savage sold 15,766 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the completion of the sale, the chief financial officer directly owned 50,710 shares of the company’s stock, valued at approximately $4,537,023.70. This represents a 23.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Emily M. Liggett sold 8,198 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the sale, the director directly owned 38,152 shares of the company’s stock, valued at $3,516,851.36. This trade represents a 17.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 39,329 shares of company stock valued at $3,540,599. Company insiders own 1.80% of the company’s stock.

Institutional Trading of Ultra Clean

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in shares of Ultra Clean by 35.8% in the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock worth $555,000 after buying an additional 6,841 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Ultra Clean by 16.9% in the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock valued at $4,256,000 after purchasing an additional 28,690 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ultra Clean by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock valued at $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 raised its position in shares of Ultra Clean by 18.0% during the first 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 last quarter. Finally, Jane Street Group LLC lifted its stake in shares of Ultra Clean by 1,987.5% in the first 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 and hedge funds.

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.