Pinnacle Wealth Management Advisory Group LLC Invests $710,000 in Ultra Clean Holdings, Inc. $UCTT

Pinnacle Wealth Management Advisory Group LLC purchased a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,422 shares of the semiconductor company’s stock, valued at approximately $710,000.

A number of other large investors have also made changes to their positions in UCTT. Louisiana State Employees Retirement System bought a new position in Ultra Clean during the first quarter worth about $1,250,000. Assenagon Asset Management S.A. increased its holdings in shares of Ultra Clean by 58.5% in the first quarter. Assenagon Asset Management S.A. now owns 141,434 shares of the semiconductor company’s stock worth $8,794,000 after acquiring an additional 52,214 shares in the last quarter. Krilogy Financial LLC acquired a new stake in shares of Ultra Clean during the first quarter worth about $249,000. AdvisorNet Financial Inc acquired a new stake in shares of Ultra Clean during the first quarter worth about $34,000. Finally, SG Americas Securities LLC lifted its holdings in shares of Ultra Clean by 348.7% during the 1st quarter. SG Americas Securities LLC now owns 565,569 shares of the semiconductor company’s stock valued at $35,167,000 after purchasing an additional 439,526 shares in the last quarter. Institutional investors own 96.06% of the company’s stock.

Insider Transactions at Ultra Clean

In other Ultra Clean news, insider Jeffrey L. Mckibben sold 4,205 shares of Ultra Clean stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $87.00, for a total value of $365,835.00. Following the sale, the insider directly owned 11,349 shares in the company, valued at approximately $987,363. The trade was a 27.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jamie J. Palfrey sold 8,691 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total transaction of $692,846.52. Following the sale, the senior vice president directly owned 16,446 shares in the company, valued at $1,311,075.12. This trade represents a 34.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 80,106 shares of company stock worth $6,734,589. 1.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UCTT. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Sunday, June 21st. Oppenheimer upped their price target on shares of Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. UBS Group began coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price objective for the company. Finally, TD Cowen raised their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $107.40.

Ultra Clean Trading Down 1.5%

NASDAQ:UCTT opened at $118.82 on Friday. The company has a market cap of $5.33 billion, a P/E ratio of -27.70, a price-to-earnings-growth ratio of 1.59 and a beta of 1.94. Ultra Clean Holdings, Inc. has a twelve month low of $21.28 and a twelve month high of $125.00. The business has a 50 day moving average price of $90.80 and a two-hundred day moving average price of $63.10. 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $533.70 million for the quarter, compared to the consensus estimate of $525.28 million. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period last year, the company earned $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, analysts expect that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

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.