Gotham Asset Management LLC purchased a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the first quarter, according to its most recent filing with the SEC. The institutional investor purchased 30,064 shares of the semiconductor company’s stock, valued at approximately $507,000. Gotham Asset Management LLC owned about 0.09% of Ultra Clean Holdings at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Allianz Asset Management AG acquired a new position in Ultra Clean Holdings during the fourth quarter worth about $100,000. State Board of Administration of Florida Retirement System increased its position in Ultra Clean Holdings by 2.0% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 12,549 shares of the semiconductor company’s stock worth $122,000 after buying an additional 251 shares during the last quarter. Greenwood Capital Associates LLC increased its position in Ultra Clean Holdings by 3.1% in the first quarter. Greenwood Capital Associates LLC now owns 11,076 shares of the semiconductor company’s stock worth $187,000 after buying an additional 334 shares during the last quarter. Nordea Investment Management AB acquired a new position in Ultra Clean Holdings during the first quarter worth about $204,000. Finally, CAPROCK Group Inc. increased its position in Ultra Clean Holdings by 48.7% in the first quarter. CAPROCK Group Inc. now owns 15,345 shares of the semiconductor company’s stock worth $259,000 after buying an additional 5,025 shares during the last quarter. Hedge funds and other institutional investors own 83.44% of the company’s stock.

Shares of Ultra Clean Holdings, Inc. (UCTT) traded down 1.18% during trading on Friday, reaching $20.88. 968,605 shares of the company’s stock traded hands. The company has a 50 day moving average price of $21.59 and a 200-day moving average price of $17.96. The stock has a market cap of $698.06 million, a P/E ratio of 15.11 and a beta of 1.19. Ultra Clean Holdings, Inc. has a one year low of $5.94 and a one year high of $26.21.

Ultra Clean Holdings (NASDAQ:UCTT) last issued its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.11. The business had revenue of $228.26 million for the quarter, compared to analysts’ expectations of $213.92 million. Ultra Clean Holdings had a net margin of 6.25% and a return on equity of 25.19%. The business’s revenue was up 75.8% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. On average, equities research analysts expect that Ultra Clean Holdings, Inc. will post $2.28 EPS for the current fiscal year.

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A number of equities analysts recently issued reports on the stock. BidaskClub downgraded shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a report on Wednesday. ValuEngine raised shares of Ultra Clean Holdings from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Dougherty & Co lifted their price target on shares of Ultra Clean Holdings from $29.50 to $32.00 and gave the company a “buy” rating in a report 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 company a “buy” rating in a report on Friday, July 28th. Finally, Needham & Company LLC lifted their price target on shares of Ultra Clean Holdings from $22.00 to $30.00 and gave the company a “buy” rating in a report on Friday, July 28th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Ultra Clean Holdings has a consensus rating of “Buy” and a consensus target price of $27.83.

In other news, Director Leonid Mezhvinsky sold 6,800 shares of the firm’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $23.26, for a total transaction of $158,168.00. Following the sale, the director now owns 33,500 shares of the company’s stock, valued at approximately $779,210. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Sheri Brumm sold 20,512 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $22.85, for a total transaction of $468,699.20. Following the sale, the chief financial officer now directly owns 170,939 shares in the company, valued at approximately $3,905,956.15. The disclosure for this sale can be found here. Insiders have sold a total of 94,484 shares of company stock worth $2,119,172 in the last ninety days. Corporate insiders own 2.60% 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.

Institutional Ownership by Quarter for Ultra Clean Holdings (NASDAQ:UCTT)

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