Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Insider Deborah E. Hayward Sells 13,872 Shares

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) insider Deborah E. Hayward sold 13,872 shares of Ultra Clean Holdings stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $32.48, for a total transaction of $450,562.56. Following the sale, the insider now directly owns 61,702 shares of the company’s stock, valued at $2,004,080.96. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Ultra Clean Holdings, Inc. (NASDAQ UCTT) traded down $0.73 during trading hours on Friday, reaching $23.48. 1,085,300 shares of the company traded hands, compared to its average volume of 1,781,926. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.06 and a quick ratio of 1.18. The firm has a market cap of $789.56, a price-to-earnings ratio of 11.34, a P/E/G ratio of 0.67 and a beta of 1.11. Ultra Clean Holdings, Inc. has a 12-month low of $8.81 and a 12-month high of $34.59.

Ultra Clean Holdings (NASDAQ:UCTT) last posted its quarterly earnings data on Wednesday, October 25th. The semiconductor company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.02). The business had revenue of $242.60 million during the quarter, compared to analyst estimates of $239.11 million. Ultra Clean Holdings had a net margin of 7.55% and a return on equity of 28.77%. The company’s revenue for the quarter was up 65.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 earnings per share. research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.34 EPS for the current fiscal year.

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Several equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Ultra Clean Holdings from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Tuesday, July 18th. Needham & Company LLC lifted their price target on shares of Ultra Clean Holdings from $30.00 to $36.00 and gave the stock a “strong-buy” rating in a research note on Friday, October 13th. Cowen and Company set a $26.00 price target on shares of Ultra Clean Holdings and gave the stock a “hold” rating in a research note on Friday, July 28th. Craig Hallum lifted their price target on shares of Ultra Clean Holdings from $25.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, July 28th. Finally, Dougherty & Co lifted their price target on shares of Ultra Clean Holdings from $29.50 to $32.00 and gave the stock a “buy” rating in a research note on Friday, July 28th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Ultra Clean Holdings presently has an average rating of “Buy” and an average price target of $30.67.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN increased its stake in Ultra Clean Holdings by 981.9% in the third quarter. Wells Fargo & Company MN now owns 347,374 shares of the semiconductor company’s stock valued at $10,637,000 after purchasing an additional 315,266 shares during the period. Virginia Retirement Systems ET AL acquired a new position in Ultra Clean Holdings in the third quarter valued at $2,192,000. ETRADE Capital Management LLC acquired a new position in Ultra Clean Holdings in the third quarter valued at $350,000. Fuller & Thaler Asset Management Inc. increased its stake in Ultra Clean Holdings by 17.5% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 629,800 shares of the semiconductor company’s stock valued at $19,284,000 after purchasing an additional 94,000 shares during the period. Finally, Alpine Woods Capital Investors LLC increased its stake in Ultra Clean Holdings by 35.7% in the third quarter. Alpine Woods Capital Investors LLC now owns 19,000 shares of the semiconductor company’s stock valued at $582,000 after purchasing an additional 5,000 shares during the period. Institutional investors own 76.33% of the company’s stock.

About Ultra Clean Holdings

Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems the semiconductor capital equipment industry. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

Insider Buying and Selling by Quarter for Ultra Clean Holdings (NASDAQ:UCTT)

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