Gotham Asset Management LLC boosted its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 175.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 82,685 shares of the semiconductor company’s stock after purchasing an additional 52,621 shares during the period. Gotham Asset Management LLC owned approximately 0.25% of Ultra Clean Holdings worth $1,550,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in UCTT. Dimensional Fund Advisors LP grew its position in Ultra Clean Holdings by 21.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,779,331 shares of the semiconductor company’s stock worth $46,886,000 after purchasing an additional 488,054 shares during the last quarter. ClariVest Asset Management LLC grew its position in Ultra Clean Holdings by 1,231.9% during the 2nd quarter. ClariVest Asset Management LLC now owns 479,084 shares of the semiconductor company’s stock worth $8,982,000 after purchasing an additional 443,115 shares during the last quarter. Bank of Montreal Can grew its position in Ultra Clean Holdings by 97,560.0% during the 2nd quarter. Bank of Montreal Can now owns 442,400 shares of the semiconductor company’s stock worth $8,295,000 after purchasing an additional 441,947 shares during the last quarter. Vanguard Group Inc. grew its position in Ultra Clean Holdings by 32.3% during the 2nd quarter. Vanguard Group Inc. now owns 1,636,857 shares of the semiconductor company’s stock worth $30,691,000 after purchasing an additional 399,627 shares during the last quarter. Finally, Nordea Investment Management AB grew its position in Ultra Clean Holdings by 2,868.6% during the 2nd quarter. Nordea Investment Management AB now owns 359,200 shares of the semiconductor company’s stock worth $6,735,000 after purchasing an additional 347,100 shares during the last quarter. 77.64% of the stock is currently owned by institutional investors.

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) opened at 33.60 on Monday. The firm has a market capitalization of $1.12 billion, a PE ratio of 24.31 and a beta of 1.29. Ultra Clean Holdings, Inc. has a 52 week low of $7.06 and a 52 week high of $33.90. The firm’s 50-day moving average is $27.37 and its 200 day moving average is $22.49.

Ultra Clean Holdings (NASDAQ:UCTT) last posted its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.11. Ultra Clean Holdings had a net margin of 6.25% and a return on equity of 24.16%. The firm had revenue of $228.26 million for the quarter, compared to analyst estimates of $213.92 million. During the same period last year, the firm posted $0.10 EPS. Ultra Clean Holdings’s quarterly revenue was up 75.8% on a year-over-year basis. On average, equities analysts forecast that Ultra Clean Holdings, Inc. will post $2.29 earnings per share for the current year.

UCTT has been the topic of several research analyst reports. 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. ValuEngine downgraded shares of Ultra Clean Holdings from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 11th. BidaskClub raised shares of Ultra Clean Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Zacks Investment Research raised shares of Ultra Clean Holdings from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Tuesday, July 18th. Finally, Cowen and Company set a $26.00 price objective on shares of Ultra Clean Holdings and gave the company a “hold” rating in a research note on Friday, July 28th. Four analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Ultra Clean Holdings presently has a consensus rating of “Buy” and a consensus price target of $28.83.

In related news, SVP David Speirs sold 19,029 shares of Ultra Clean Holdings stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $24.04, for a total value of $457,457.16. Following the transaction, the senior vice president now directly owns 100,879 shares in the company, valued at approximately $2,425,131.16. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Ronald D’ercole sold 1,457 shares of Ultra Clean Holdings stock in a transaction on Friday, September 29th. The shares were sold at an average price of $30.47, for a total transaction of $44,394.79. Following the completion of the transaction, the senior vice president now owns 69,233 shares in the company, valued at $2,109,529.51. The disclosure for this sale can be found here. Over the last quarter, insiders sold 51,119 shares of company stock worth $1,203,079. 2.60% of the stock is currently owned by insiders.

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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.

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Institutional Ownership by Quarter for Ultra Clean Holdings (NASDAQ:UCTT)

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