Counterpoint Mutual Funds LLC Buys New Position in Ultra Clean Holdings, Inc. $UCTT

Counterpoint Mutual Funds LLC bought a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,750 shares of the semiconductor company’s stock, valued at approximately $917,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Ultra Clean by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock worth $126,415,000 after acquiring an additional 293,048 shares during the period. Invesco Ltd. increased its stake 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 valued at $86,118,000 after acquiring an additional 1,315,407 shares during the period. State Street Corp raised its holdings in Ultra Clean by 5.0% during the fourth quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock worth $46,923,000 after purchasing an additional 87,931 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Ultra Clean by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock worth $20,798,000 after purchasing an additional 43,987 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Ultra Clean by 90.6% during the third quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock worth $16,052,000 after purchasing an additional 279,953 shares in the last quarter. 96.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on UCTT shares. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Wall Street Zen downgraded Ultra Clean from a “buy” rating to a “hold” rating in a research note on Monday, June 29th. Needham & Company LLC upped their price objective on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Oppenheimer upped their price objective on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. Finally, TD Cowen raised their target price on Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Two 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $107.40.

Insider Activity at Ultra Clean

In other news, insider Jeffrey L. Mckibben sold 4,205 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $87.00, for a total transaction of $365,835.00. Following the completion of the sale, the insider owned 11,349 shares in the company, valued at approximately $987,363. This represents a 27.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sheri Savage sold 15,766 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the sale, the chief financial officer directly owned 50,710 shares of the company’s stock, valued at approximately $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. In the last three months, insiders have sold 80,106 shares of company stock worth $6,734,589. 1.80% of the stock is owned by corporate insiders.

Ultra Clean Price Performance

NASDAQ UCTT opened at $106.47 on Friday. Ultra Clean Holdings, Inc. has a 12 month low of $21.28 and a 12 month high of $144.22. The company has a market capitalization of $4.77 billion, a P/E ratio of -24.82, a PEG ratio of 1.42 and a beta of 1.83. The company’s 50 day simple moving average is $95.29 and its 200 day simple moving average is $66.45. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72.

Ultra Clean (NASDAQ:UCTT) last issued its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $533.70 million during 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 firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the firm posted $0.28 earnings per share. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Equities research analysts expect that Ultra Clean Holdings, Inc. will post 2.14 earnings per share 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.