Ultra Clean Holdings Inc (NASDAQ:UCTT) SVP Ronald D’ercole sold 3,009 shares of the company’s stock in a transaction that occurred on Thursday, December 28th. The stock was sold at an average price of $21.41, for a total transaction of $64,422.69. Following the sale, the senior vice president now directly owns 58,909 shares in the company, valued at approximately $1,261,241.69. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Ronald D’ercole also recently made the following trade(s):
- On Tuesday, October 31st, Ronald D’ercole sold 5,202 shares of Ultra Clean stock. The stock was sold at an average price of $24.49, for a total transaction of $127,396.98.
- On Friday, September 29th, Ronald D’ercole sold 1,457 shares of Ultra Clean stock. The stock was sold at an average price of $30.47, for a total transaction of $44,394.79.
Ultra Clean Holdings Inc (NASDAQ UCTT) opened at $23.22 on Friday. The company has a market cap of $780.83, a price-to-earnings ratio of 12.35, a PEG ratio of 0.60 and a beta of 1.02. Ultra Clean Holdings Inc has a twelve month low of $11.86 and a twelve month high of $34.59. The company has a quick ratio of 1.09, a current ratio of 2.06 and a debt-to-equity ratio of 0.15.
Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.62 EPS for the quarter, missing the Zacks’ consensus estimate of $0.64 by ($0.02). Ultra Clean had a return on equity of 28.77% and a net margin of 7.55%. The company had revenue of $242.60 million during the quarter, compared to the consensus estimate of $239.11 million. During the same period in the previous year, the company earned $0.17 EPS. Ultra Clean’s quarterly revenue was up 65.9% on a year-over-year basis. equities research analysts expect that Ultra Clean Holdings Inc will post 2.34 earnings per share for the current fiscal year.
Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in shares of Ultra Clean in the 3rd quarter valued at $120,000. Legal & General Group Plc boosted its stake in shares of Ultra Clean by 4.2% in the 2nd quarter. Legal & General Group Plc now owns 7,824 shares of the semiconductor company’s stock valued at $146,000 after purchasing an additional 314 shares in the last quarter. Pacad Investment Ltd. purchased a new stake in shares of Ultra Clean in the 2nd quarter valued at $173,000. Greenwood Capital Associates LLC purchased a new stake in shares of Ultra Clean in the 3rd quarter valued at $226,000. Finally, Principal Financial Group Inc. purchased a new stake in shares of Ultra Clean in the 2nd quarter valued at $228,000. 75.48% of the stock is owned by institutional investors.
A number of research firms recently weighed in on UCTT. Zacks Investment Research raised shares of Ultra Clean from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Wednesday, December 20th. Dougherty & Co upped their target price on shares of Ultra Clean from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. Needham & Company LLC decreased their target price 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 increased their price target on shares of Ultra Clean from $28.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, October 18th. Finally, Stifel Nicolaus raised shares of Ultra Clean from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a report on Monday, December 4th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Ultra Clean currently has an average rating of “Buy” and an average target price of $31.50.
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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.
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