Blair William & Co. IL Buys Shares of 9,775 Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Blair William & Co. IL purchased a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,775 shares of the semiconductor company’s stock, valued at approximately $351,000.

A number of other large investors have also made changes to their positions in UCTT. Point72 Asia Singapore Pte. Ltd. bought a new stake in Ultra Clean during the third quarter valued at approximately $32,000. Nisa Investment Advisors LLC grew its position in shares of Ultra Clean by 107.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 948 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 490 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Ultra Clean by 694.3% in 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 in the last quarter. Quarry LP raised its holdings in Ultra Clean by 447.5% in the 3rd quarter. Quarry LP now owns 1,210 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 989 shares during the period. Finally, Parkside Financial Bank & Trust lifted its position in Ultra Clean by 139.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,382 shares of the semiconductor company’s stock valued at $86,000 after purchasing an additional 1,386 shares in the last quarter. 96.06% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Ultra Clean Trading Down 2.3 %

Shares of Ultra Clean stock opened at $18.28 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.63 and a current ratio of 2.75. The company has a fifty day moving average of $29.33 and a 200 day moving average of $34.38. The company has a market capitalization of $825.01 million, a P/E ratio of 228.53, a P/E/G ratio of 0.51 and a beta of 2.14. Ultra Clean Holdings, Inc. has a fifty-two week low of $16.66 and a fifty-two week high of $56.47.

Wall Street Analysts Forecast Growth

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

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.