Quantbot Technologies LP bought a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) in the second quarter, HoldingsChannel reports. The fund bought 8,237 shares of the semiconductor company’s stock, valued at approximately $1,175,000.
Several other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in Ultra Clean during the 2nd quarter worth approximately $986,722,000. Invesco Ltd. lifted its holdings in shares of Ultra Clean by 63.1% during 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 shares of Ultra Clean during the first quarter worth $36,486,000. Millennium Management LLC grew its stake in shares of 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 last quarter. Finally, SG Americas Securities LLC grew its stake in shares of Ultra Clean by 348.7% in the first quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company’s stock worth $35,167,000 after purchasing an additional 439,526 shares during the last quarter. 96.06% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
UCTT has been the subject of several analyst reports. 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 report on Tuesday, August 4th. UBS Group reiterated a “buy” rating on shares of Ultra Clean in a research report on Tuesday, August 4th. Oppenheimer increased their price target on Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Finally, Weiss Ratings downgraded Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ultra Clean currently has an average rating of “Moderate Buy” and a consensus price target of $129.00.
Insider Transactions at Ultra Clean
In other news, General Counsel Paul Yoonku Cho sold 944 shares of Ultra Clean stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total value of $84,365.28. Following the completion of the transaction, the general counsel directly owned 22,941 shares of the company’s stock, valued at approximately $2,050,237.17. This trade represents a 3.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 completion of the transaction, the chief financial officer directly owned 50,710 shares in the company, valued at $4,537,023.70. This represents a 23.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 31,131 shares of company stock valued at $2,784,908. Company insiders own 1.80% of the company’s stock.
Ultra Clean Trading Up 0.7%
UCTT opened at $73.32 on Wednesday. Ultra Clean Holdings, Inc. has a twelve month low of $21.49 and a twelve month high of $144.22. 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 fifty day moving average of $96.90 and a 200-day moving average of $80.73. The stock has a market cap of $3.29 billion, a PE ratio of -141.00, a price-to-earnings-growth ratio of 0.78 and a beta of 1.88.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last announced its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.17. The business had revenue of $644.90 million during 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%. Ultra Clean’s quarterly revenue was up 24.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, sell-side analysts predict that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.
Ultra Clean 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.
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