Legato Capital Management LLC Cuts Stock Position in Ultra Clean Holdings, Inc. $UCTT

Legato Capital Management LLC lowered its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 48.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,918 shares of the semiconductor company’s stock after selling 10,397 shares during the period. Legato Capital Management LLC’s holdings in Ultra Clean were worth $277,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in Ultra Clean by 148.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 554 shares in the last quarter. Danske Bank A S lifted its holdings in Ultra Clean by 450.0% during the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 900 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,414 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Ultra Clean during the 3rd quarter worth about $45,000. Finally, Wexford Capital LP purchased a new stake in Ultra Clean during the 3rd quarter worth about $64,000. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on UCTT. Oppenheimer increased their target price on shares of Ultra Clean from $85.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. UBS Group began coverage on shares of Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 target price on the stock. Needham & Company LLC increased their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. TD Cowen increased their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Craig Hallum reiterated a “buy” rating and issued a $100.00 target price on shares of Ultra Clean in a research note on Tuesday, February 24th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $104.40.

Ultra Clean Stock Performance

NASDAQ:UCTT opened at $87.29 on Friday. The business’s 50-day moving average price is $74.85 and its two-hundred day moving average price is $51.74. Ultra Clean Holdings, Inc. has a twelve month low of $18.93 and a twelve month high of $92.29. The stock has a market cap of $3.91 billion, a P/E ratio of -20.35, a PEG ratio of 1.28 and a beta of 1.94. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $533.70 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, equities analysts predict that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current fiscal year.

Insider Activity

In other news, General Counsel Paul Yoonku Cho sold 2,000 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $86.89, for a total transaction of $173,780.00. Following the sale, the general counsel owned 15,844 shares in the company, valued at approximately $1,376,685.16. This trade represents a 11.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Christopher S. Cook sold 11,478 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $73.96, for a total transaction of $848,912.88. Following the sale, the insider owned 97,427 shares in the company, valued at approximately $7,205,700.92. This trade represents a 10.54% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 48,975 shares of company stock worth $3,949,681. Corporate insiders own 1.90% of the company’s stock.

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.