Castleark Management LLC Purchases New Position in Ultra Clean Holdings, Inc. $UCTT

Castleark Management LLC acquired a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 95,770 shares of the semiconductor company’s stock, valued at approximately $13,656,000. Castleark Management LLC owned 0.21% of Ultra Clean at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of UCTT. BlackRock Inc. purchased a new stake in shares of Ultra Clean in the second quarter worth about $986,722,000. Vanguard Group Inc. raised its holdings in shares of Ultra Clean by 6.2% during the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock valued at $126,415,000 after buying an additional 293,048 shares during the period. Invesco Ltd. raised its holdings in shares of Ultra Clean by 63.1% during the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock valued at $86,118,000 after buying an additional 1,315,407 shares during the period. State Street Corp lifted its position in Ultra Clean by 5.0% during the 4th quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock worth $46,923,000 after acquiring an additional 87,931 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Ultra Clean by 5.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock worth $20,798,000 after acquiring an additional 43,987 shares in the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Trading Up 0.7%

Shares of UCTT opened at $73.32 on Wednesday. Ultra Clean Holdings, Inc. has a one year low of $21.49 and a one year high of $144.22. The stock has a 50-day moving average price of $96.90 and a 200 day moving average price of $80.73. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.25 and a current ratio of 2.73. The company has a market capitalization of $3.29 billion, a P/E ratio of -141.00, a P/E/G ratio of 0.78 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.17. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.The company had revenue of $644.90 million for the quarter, compared to the consensus estimate of $587.65 million. During the same period in the previous year, the business earned $0.27 EPS. Ultra Clean’s revenue for the quarter was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Sell-side analysts forecast that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.

Analyst Ratings Changes

UCTT has been the subject of several recent research reports. UBS Group reaffirmed a “buy” rating on shares of Ultra Clean in a research report on Tuesday, August 4th. Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Needham & Company LLC upped their target price on shares of Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Wall Street Zen raised shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Finally, Weiss Ratings downgraded shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.00.

Insiders Place Their Bets

In related news, General Counsel Paul Yoonku Cho sold 944 shares of Ultra Clean stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total value of $84,365.28. Following the completion of the sale, the general counsel owned 22,941 shares in the company, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sheri Savage sold 15,766 shares of the company’s stock in a transaction on 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 completion of the sale, 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. In the last 90 days, insiders sold 31,131 shares of company stock valued at $2,784,908. Insiders own 1.80% of the company’s stock.

Ultra Clean Company 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.