Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Get Rating) CFO Sheri Savage sold 8,071 shares of the business’s stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $32.30, for a total transaction of $260,693.30. Following the completion of the transaction, the chief financial officer now directly owns 77,028 shares in the company, valued at approximately $2,488,004.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Ultra Clean Price Performance
Shares of NASDAQ:UCTT opened at $31.84 on Monday. Ultra Clean Holdings, Inc. has a twelve month low of $23.32 and a twelve month high of $45.51. The company’s 50 day moving average is $33.96 and its 200 day moving average is $31.89. The company has a current ratio of 2.82, a quick ratio of 1.68 and a debt-to-equity ratio of 0.53. The company has a market cap of $1.43 billion, a PE ratio of 36.60 and a beta of 1.98.
Hedge Funds Weigh In On Ultra Clean
Hedge funds and other institutional investors have recently bought and sold shares of the business. Versor Investments LP acquired a new position in Ultra Clean in the 3rd quarter worth approximately $614,000. Foundry Partners LLC lifted its position in shares of Ultra Clean by 3.5% during the 3rd quarter. Foundry Partners LLC now owns 111,750 shares of the semiconductor company’s stock valued at $2,878,000 after buying an additional 3,763 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in Ultra Clean in the 3rd quarter valued at $559,000. UBS Group AG lifted its holdings in Ultra Clean by 400.0% in the 3rd quarter. UBS Group AG now owns 183,932 shares of the semiconductor company’s stock valued at $4,736,000 after purchasing an additional 147,149 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D purchased a new position in shares of Ultra Clean during the 3rd quarter worth $1,875,000. Institutional investors and hedge funds own 79.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Ultra Clean Company Profile
Ultra Clean Holdings, Inc designs, manufactures and sells its products and services primarily to customers in the semiconductor capital equipment industry. It operates through the following segments: Semiconductor Products & Solutions (SPS) and Semiconductor Services Business (SSB). The SPS segment provides warranty on its products for a period of up to two years and provides for warranty costs at the time of sale based on historical activity.
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