Ultra Clean Holdings, Inc. (NASDAQ:UCTT) SVP Ronald D’ercole sold 5,202 shares of the business’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $24.49, for a total transaction of $127,396.98. Following the transaction, the senior vice president now directly owns 60,900 shares in the company, valued at $1,491,441. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ronald D’ercole also recently made the following trade(s):

  • On Friday, September 29th, Ronald D’ercole sold 1,457 shares of Ultra Clean Holdings stock. The stock was sold at an average price of $30.47, for a total transaction of $44,394.79.

Ultra Clean Holdings (NASDAQ:UCTT) last announced its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.02). Ultra Clean Holdings had a net margin of 7.55% and a return on equity of 30.08%. The company had revenue of $242.60 million for the quarter, compared to analyst estimates of $239.11 million. During the same quarter last year, the business earned $0.17 EPS. The company’s revenue for the quarter was up 65.9% on a year-over-year basis.

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A number of research analysts have recently commented on UCTT shares. ValuEngine cut shares of Ultra Clean Holdings from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 11th. Dougherty & Co boosted their target price on shares of Ultra Clean Holdings from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Needham & Company LLC boosted their target price on shares of Ultra Clean Holdings from $22.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, July 28th. Zacks Investment Research cut shares of Ultra Clean Holdings from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 24th. Finally, Stifel Nicolaus boosted their target price on shares of Ultra Clean Holdings from $18.00 to $20.00 and gave the stock a “hold” rating in a research report on Monday, July 10th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Ultra Clean Holdings has an average rating of “Buy” and an average price target of $30.67.

Several institutional investors have recently made changes to their positions in UCTT. State Board of Administration of Florida Retirement System grew its stake in shares of Ultra Clean Holdings by 0.5% in the first quarter. State Board of Administration of Florida Retirement System now owns 12,618 shares of the semiconductor company’s stock worth $213,000 after acquiring an additional 69 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Ultra Clean Holdings by 51.3% in the first quarter. Bank of New York Mellon Corp now owns 248,065 shares of the semiconductor company’s stock worth $4,184,000 after acquiring an additional 84,153 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of Ultra Clean Holdings in the first quarter worth $1,933,000. Parametric Portfolio Associates LLC grew its stake in shares of Ultra Clean Holdings by 87.3% in the first quarter. Parametric Portfolio Associates LLC now owns 95,622 shares of the semiconductor company’s stock worth $1,613,000 after acquiring an additional 44,573 shares during the last quarter. Finally, American International Group Inc. grew its stake in shares of Ultra Clean Holdings by 7.1% in the first quarter. American International Group Inc. now owns 19,769 shares of the semiconductor company’s stock worth $334,000 after acquiring an additional 1,313 shares during the last quarter. Institutional investors and hedge funds own 76.23% 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.

Insider Buying and Selling by Quarter for Ultra Clean Holdings (NASDAQ:UCTT)

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