Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Shares Purchased by AWM Investment Company Inc.

AWM Investment Company Inc. grew its position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 22.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 184,917 shares of the semiconductor company's stock after purchasing an additional 33,300 shares during the quarter. AWM Investment Company Inc. owned about 0.41% of Ultra Clean worth $6,648,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in UCTT. Barclays PLC increased its position in shares of Ultra Clean by 395.1% during the third quarter. Barclays PLC now owns 83,577 shares of the semiconductor company's stock worth $3,337,000 after purchasing an additional 66,695 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of Ultra Clean by 107.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 948 shares of the semiconductor company's stock worth $34,000 after purchasing an additional 490 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Ultra Clean by 13.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 20,220 shares of the semiconductor company's stock worth $727,000 after purchasing an additional 2,343 shares in the last quarter. KBC Group NV increased its position in shares of Ultra Clean by 76.3% during the fourth quarter. KBC Group NV now owns 2,561 shares of the semiconductor company's stock worth $92,000 after purchasing an additional 1,108 shares in the last quarter. Finally, Foundations Investment Advisors LLC acquired a new position in shares of Ultra Clean during the fourth quarter worth $221,000. 96.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on UCTT. Wall Street Zen downgraded Ultra Clean from a "hold" rating to a "sell" rating in a research report on Wednesday, April 30th. Oppenheimer reduced their price target on Ultra Clean from $60.00 to $30.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Needham & Company LLC cut their target price on Ultra Clean from $40.00 to $26.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. Finally, TD Cowen cut their target price on Ultra Clean from $48.00 to $32.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $37.00.

Insiders Place Their Bets

In related news, Director Ernest E. Maddock acquired 10,000 shares of Ultra Clean stock in a transaction on Friday, March 7th. The stock was acquired 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 of the company's stock, valued at approximately $267,190. This represents a 1,000.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Bill Bentinck acquired 3,000 shares of Ultra Clean stock in a transaction on Friday, March 7th. The shares were bought at an average price of $25.17 per share, with a total value of $75,510.00. Following the purchase, the insider now directly owns 60,695 shares in the company, valued at approximately $1,527,693.15. The trade was a 5.20% increase in their position. The disclosure for this purchase can be found here. 2.20% of the stock is owned by insiders.

Ultra Clean Stock Performance

Shares of NASDAQ UCTT traded down $0.34 during mid-day trading on Friday, hitting $19.93. The stock had a trading volume of 277,484 shares, compared to its average volume of 463,496. 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 50 day moving average of $20.85 and a two-hundred day moving average of $30.17. Ultra Clean Holdings, Inc. has a twelve month low of $16.66 and a twelve month high of $56.47. The firm has a market cap of $899.82 million, a PE ratio of 249.16, a PEG ratio of 0.51 and a beta of 2.09.

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