Ultra Clean Holdings Inc (NASDAQ:UCTT) Director David T. Ibnale sold 12,500 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $21.58, for a total transaction of $269,750.00. Following the completion of the transaction, the director now owns 63,500 shares in the company, valued at $1,370,330. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Ultra Clean Holdings Inc (UCTT) opened at $22.48 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.06 and a quick ratio of 1.09. Ultra Clean Holdings Inc has a one year low of $9.42 and a one year high of $34.59. The company has a market cap of $753.25, a PE ratio of 10.82, a P/E/G ratio of 0.64 and a beta of 1.02.

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

Hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new position in shares of Ultra Clean in the third quarter valued at about $120,000. Greenwood Capital Associates LLC acquired a new position in shares of Ultra Clean in the third quarter valued at about $226,000. Cetera Advisors LLC acquired a new position in shares of Ultra Clean in the third quarter valued at about $234,000. Legal & General Group Plc grew its stake in shares of Ultra Clean by 4.2% in the second quarter. Legal & General Group Plc now owns 7,824 shares of the semiconductor company’s stock valued at $146,000 after acquiring an additional 314 shares in the last quarter. Finally, Moors & Cabot Inc. acquired a new position in shares of Ultra Clean in the third quarter valued at about $248,000. Institutional investors and hedge funds own 75.48% of the company’s stock.

Several equities analysts have commented on the stock. Zacks Investment Research upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a report on Wednesday. Dougherty & Co upped their price objective on shares of Ultra Clean from $32.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, October 24th. Needham & Company LLC decreased their price objective on shares of Ultra Clean from $36.00 to $34.00 and set a “buy” rating on the stock in a report on Thursday, October 26th. Cowen upped their price objective on shares of Ultra Clean from $28.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, October 18th. Finally, Stifel Nicolaus upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Monday, December 4th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $31.17.

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About Ultra Clean

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 (NASDAQ:UCTT)

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