Divisar Capital Management LLC Has $36.74 Million Stock Holdings in Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Divisar Capital Management LLC decreased its position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 16.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,021,995 shares of the semiconductor company's stock after selling 206,992 shares during the quarter. Ultra Clean makes up approximately 8.0% of Divisar Capital Management LLC's portfolio, making the stock its 4th largest holding. Divisar Capital Management LLC owned 2.26% of Ultra Clean worth $36,741,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC acquired a new stake in shares of Ultra Clean in the fourth quarter valued at about $26,000. Nisa Investment Advisors LLC increased its position in Ultra Clean by 107.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 948 shares of the semiconductor company's stock worth $34,000 after buying an additional 490 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Ultra Clean by 694.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 977 shares of the semiconductor company's stock valued at $35,000 after acquiring an additional 854 shares during the period. Quarry LP grew its stake in shares of Ultra Clean by 58.1% in the fourth quarter. Quarry LP now owns 1,913 shares of the semiconductor company's stock worth $69,000 after acquiring an additional 703 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased 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 worth $86,000 after acquiring an additional 1,386 shares during the period. 96.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Ernest E. Maddock acquired 10,000 shares of the firm's stock in a transaction on Friday, March 7th. The shares were purchased at an average cost of $24.29 per share, for a total transaction of $242,900.00. Following the transaction, the director now owns 11,000 shares of the company's stock, valued at approximately $267,190. This represents a 1,000.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Bill Bentinck bought 3,000 shares of the company's stock in a transaction dated Friday, March 7th. The shares were purchased at an average price of $25.17 per share, with a total value of $75,510.00. Following the transaction, the insider now owns 60,695 shares of the company's stock, valued at $1,527,693.15. The trade was a 5.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.20% of the stock is owned by insiders.

Analysts Set New Price Targets

UCTT has been the topic of several research reports. Oppenheimer lowered their price target on Ultra Clean from $60.00 to $30.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. Needham & Company LLC decreased their price target on shares of Ultra Clean from $40.00 to $26.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. TD Cowen dropped their price objective on shares of Ultra Clean from $48.00 to $32.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Finally, StockNews.com cut shares of Ultra Clean from a "hold" rating to a "sell" rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $37.00.

Ultra Clean Price Performance

Shares of NASDAQ:UCTT traded up $1.52 during trading on Friday, reaching $20.17. The stock had a trading volume of 958,696 shares, compared to its average volume of 448,414. The stock has a market capitalization of $910.66 million, a PE ratio of 252.16, a P/E/G ratio of 0.51 and a beta of 2.09. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.75 and a quick ratio of 1.63. Ultra Clean Holdings, Inc. has a 52 week low of $16.66 and a 52 week high of $56.47. The business's 50-day moving average price is $21.93 and its 200 day moving average price is $31.64.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last announced its earnings results on Monday, April 28th. The semiconductor company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.03). Ultra Clean had a return on equity of 4.08% and a net margin of 0.18%. The business had revenue of $518.60 million for the quarter, compared to the consensus estimate of $526.13 million. During the same quarter in the previous year, the company posted $0.27 EPS. Ultra Clean's revenue for the quarter was up 8.6% on a year-over-year basis. As a group, equities analysts predict that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current year.

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.