Fox Run Management L.L.C. Has $1.05 Million Stock Position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Fox Run Management L.L.C. lessened its holdings in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 7.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,126 shares of the semiconductor company’s stock after selling 2,358 shares during the period. Fox Run Management L.L.C.’s holdings in Ultra Clean were worth $1,047,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in UCTT. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Ultra Clean in the third quarter worth approximately $32,000. Nisa Investment Advisors LLC grew its holdings in 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 buying an additional 490 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Ultra Clean by 694.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 977 shares of the semiconductor company’s stock worth $35,000 after buying an additional 854 shares in the last quarter. Quarry LP lifted its stake in Ultra Clean by 447.5% during the 3rd quarter. Quarry LP now owns 1,210 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 989 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in shares of Ultra Clean by 139.2% in the 4th 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 in the last quarter. Institutional investors own 96.06% of the company’s stock.

Analysts Set New Price Targets

Separately, Needham & Company LLC restated a “buy” rating and set a $40.00 price target on shares of Ultra Clean in a research report on Thursday, March 6th.

Insider Buying and Selling

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

Ultra Clean Stock Performance

NASDAQ:UCTT opened at $24.25 on Friday. The company has a market capitalization of $1.09 billion, a P/E ratio of 303.16, a P/E/G ratio of 0.51 and a beta of 2.20. The business has a fifty day simple moving average of $32.47 and a two-hundred day simple moving average of $35.21. 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 1 year low of $22.40 and a 1 year high of $56.47.

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.