Ultra Clean (NASDAQ:UCTT) Trading Down 6.7% – Should You Sell?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT)’s stock price traded down 6.7% during mid-day trading on Wednesday . The stock traded as low as $76.67 and last traded at $76.3290. 62,151 shares were traded during trading, a decline of 95% from the average session volume of 1,333,428 shares. The stock had previously closed at $81.82.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Oppenheimer boosted their price objective on Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Needham & Company LLC raised their target price on Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. TD Cowen lifted their target price on Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Finally, UBS Group restated a “buy” rating on shares of Ultra Clean in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $129.00.

Ultra Clean Stock Performance

The firm has a market capitalization of $3.46 billion, a PE ratio of -148.36, a PEG ratio of 0.91 and a beta of 1.88. 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 50-day moving average of $100.04 and a 200 day moving average of $79.71.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $644.90 million during the quarter, compared to the consensus estimate of $587.65 million. During the same quarter last year, the company posted $0.27 EPS. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Equities research analysts predict that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.

Insiders Place Their Bets

In other news, Director Emily M. Liggett sold 8,198 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total value of $755,691.64. Following the transaction, the director owned 38,152 shares of the company’s stock, valued at $3,516,851.36. This represents a 17.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Sheri Savage sold 15,766 shares of Ultra Clean stock in a transaction 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 sale, the chief financial officer directly owned 50,710 shares of the company’s stock, valued at $4,537,023.70. This 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. Insiders sold a total of 39,329 shares of company stock valued at $3,540,599 in the last quarter. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Ultra Clean

A number of large investors have recently modified their holdings of UCTT. Quadrant Capital Group LLC lifted its position in Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after buying an additional 284 shares during the last quarter. Danske Bank A S raised its stake in shares of Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 900 shares in the last quarter. Kilter Group LLC purchased a new position in shares of Ultra Clean during the second quarter worth approximately $30,000. AdvisorNet Financial Inc bought a new stake in shares of Ultra Clean in the 1st quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Ultra Clean by 472.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 1,414 shares during the last quarter. 96.06% of the stock is owned by hedge funds and other 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.