17,525 Shares in Ultra Clean Holdings, Inc. $UCTT Bought by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. acquired a new stake in Ultra Clean Holdings, purchasing 17,525 shares valued at approximately $375,000.
• Significant increases in ownership were also made by other institutional investors, with 96.06% of the stock now owned by hedge funds and institutional investors.
• Ultra Clean's stock received mixed analyst ratings, with a consensus rating of "Buy" and a target price of $30.67, despite a recent downgrade by Wall Street Zen from "hold" to "sell".

Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 17,525 shares of the semiconductor company's stock, valued at approximately $375,000.

Other institutional investors also recently bought and sold shares of the company. Byrne Asset Management LLC acquired a new position in shares of Ultra Clean in the first quarter worth about $25,000. Versant Capital Management Inc lifted its holdings in Ultra Clean by 386.9% during the 1st quarter. Versant Capital Management Inc now owns 1,412 shares of the semiconductor company's stock worth $30,000 after buying an additional 1,122 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Ultra Clean in the 1st quarter valued at $33,000. Russell Investments Group Ltd. raised its holdings in shares of Ultra Clean by 481.4% in the 1st quarter. Russell Investments Group Ltd. now owns 2,744 shares of the semiconductor company's stock valued at $59,000 after purchasing an additional 2,272 shares in the last quarter. Finally, Quarry LP lifted its position in Ultra Clean by 58.1% in the fourth quarter. Quarry LP now owns 1,913 shares of the semiconductor company's stock valued at $69,000 after acquiring an additional 703 shares during the last quarter. 96.06% of the stock is owned by hedge funds and other institutional investors.

Ultra Clean Price Performance

NASDAQ UCTT traded down $0.02 on Wednesday, hitting $23.84. 53,028 shares of the company were exchanged, compared to its average volume of 526,138. The company has a current ratio of 3.06, a quick ratio of 1.86 and a debt-to-equity ratio of 0.59. The company has a market cap of $1.08 billion, a P/E ratio of -7.03, a P/E/G ratio of 0.92 and a beta of 1.99. The firm has a 50 day moving average of $23.40 and a two-hundred day moving average of $23.41. Ultra Clean Holdings, Inc. has a 1-year low of $16.66 and a 1-year high of $41.90.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. Ultra Clean had a negative net margin of 7.15% and a positive return on equity of 5.32%. The company had revenue of $518.80 million during the quarter, compared to analysts' expectations of $500.83 million. During the same period last year, the business earned $0.32 EPS. The business's quarterly revenue was up .5% on a year-over-year basis. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. On average, equities analysts predict that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Analysts Set New Price Targets

UCTT has been the subject of several analyst reports. TD Cowen cut their price target on shares of Ultra Clean from $48.00 to $32.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. Wall Street Zen downgraded shares of Ultra Clean from a "hold" rating to a "sell" rating in a research report on Wednesday, April 30th. Finally, Needham & Company LLC boosted their price objective on shares of Ultra Clean from $26.00 to $30.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Ultra Clean has a consensus rating of "Buy" and an average target price of $30.67.

Insider Activity

In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 4,084 shares of the business's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $21.06, for a total transaction of $86,009.04. Following the completion of the transaction, the general counsel owned 23,345 shares of the company's stock, valued at approximately $491,645.70. The trade was a 14.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey L. Mckibben sold 6,294 shares of the stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $20.87, for a total transaction of $131,355.78. Following the sale, the insider directly owned 21,996 shares of the company's stock, valued at $459,056.52. This represents a 22.25% decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by insiders.

About Ultra Clean

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.