Ultra Clean Holdings, Inc. $UCTT Shares Sold by Grace & White Inc. NY

Grace & White Inc. NY lessened its holdings in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTTFree Report) by 3.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 109,950 shares of the semiconductor company’s stock after selling 4,500 shares during the period. Ultra Clean accounts for approximately 1.2% of Grace & White Inc. NY’s holdings, making the stock its 26th biggest position. Grace & White Inc. NY owned 0.24% of Ultra Clean worth $6,837,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Royal Bank of Canada boosted its stake in Ultra Clean by 35.8% in the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock valued at $555,000 after acquiring an additional 6,841 shares during the period. AQR Capital Management LLC raised its position in shares of Ultra Clean by 16.9% during the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $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 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock worth $566,000 after purchasing an additional 1,257 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Ultra Clean by 18.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock worth $1,822,000 after purchasing an additional 13,005 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in Ultra Clean by 1,987.5% during the 1st quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock valued at $3,173,000 after purchasing an additional 141,114 shares during the period. Institutional investors and hedge funds own 96.06% of the company’s stock.

Insiders Place Their Bets

In other Ultra Clean news, CFO Sheri Savage sold 15,766 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the transaction, the chief financial officer owned 50,710 shares of the company’s stock, valued at approximately $4,537,023.70. This trade represents a 23.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the sale, the director owned 38,152 shares in the company, valued at $3,516,851.36. This trade represents a 17.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 80,106 shares of company stock valued at $6,734,589. Corporate insiders own 1.80% of the company’s stock.

Ultra Clean Stock Down 1.5%

UCTT opened at $118.82 on Friday. Ultra Clean Holdings, Inc. has a 12 month low of $21.28 and a 12 month high of $125.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. The stock has a market cap of $5.33 billion, a P/E ratio of -27.70, a P/E/G ratio of 1.61 and a beta of 1.94. The stock’s 50 day moving average price is $90.80 and its 200 day moving average price is $63.10.

Ultra Clean (NASDAQ:UCTTGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The company had revenue of $533.70 million during the quarter, compared to analyst estimates of $525.28 million. During the same quarter in the previous year, the firm posted $0.28 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, research analysts predict that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Needham & Company LLC increased their target price on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. TD Cowen boosted their price target on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Oppenheimer increased their price objective on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, June 9th. Finally, UBS Group initiated coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Ultra Clean has a consensus rating of “Buy” and a consensus target price of $107.40.

Read Our Latest Analysis on Ultra Clean

Ultra Clean Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Ultra Clean (NASDAQ:UCTT)

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