Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Shares Purchased by FCA Corp TX

FCA Corp TX grew its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,997 shares of the semiconductor company’s stock after acquiring an additional 774 shares during the quarter. FCA Corp TX owned about 0.12% of Ultra Clean worth $1,869,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. New York State Common Retirement Fund increased its holdings in Ultra Clean by 132.6% in the 4th quarter. New York State Common Retirement Fund now owns 36,225 shares of the semiconductor company’s stock worth $1,302,000 after buying an additional 20,650 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Ultra Clean by 694.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 977 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 854 shares during the period. Principal Financial Group Inc. grew its stake in shares of Ultra Clean by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 219,821 shares of the semiconductor company’s stock worth $7,903,000 after purchasing an additional 6,546 shares during the period. Barclays PLC grew its stake in shares of Ultra Clean by 395.1% during the 3rd quarter. Barclays PLC now owns 83,577 shares of the semiconductor company’s stock worth $3,337,000 after purchasing an additional 66,695 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Ultra Clean by 27.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 506,107 shares of the semiconductor company’s stock worth $20,209,000 after purchasing an additional 110,403 shares during the period. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Trading Down 1.7 %

Shares of NASDAQ:UCTT opened at $24.25 on Friday. Ultra Clean Holdings, Inc. has a 1 year low of $22.40 and a 1 year high of $56.47. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 303.16, a price-to-earnings-growth ratio of 0.51 and a beta of 2.20. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.75 and a quick ratio of 1.63. The business’s 50 day moving average price is $32.47 and its 200-day moving average price is $35.21.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of Ultra Clean in a research note on Thursday, March 6th.

Insider Activity

In other news, Director Ernest E. Maddock acquired 10,000 shares of the firm’s stock in a transaction on Friday, March 7th. The shares were bought at an average price of $24.29 per share, for a total transaction of $242,900.00. Following the acquisition, the director now owns 11,000 shares of the company’s stock, valued at approximately $267,190. This trade represents a 1,000.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Bill Bentinck acquired 3,000 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was purchased at an average price of $25.17 per share, for a total transaction of $75,510.00. Following the acquisition, the insider now directly owns 60,695 shares in the company, valued at $1,527,693.15. This represents a 5.20 % increase in their position. The disclosure for this purchase can be found here. Insiders own 2.20% of the company’s stock.

Ultra Clean Profile

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.