The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) is a huge mover today! About 1.03 million shares traded hands or 117.13% up from the average. Ultra Clean Holdings Inc (NASDAQ:UCTT) has risen 80.95% since April 20, 2016 and is uptrending. It has outperformed by 76.40% the S&P500.
The move comes after 8 months positive chart setup for the $346.22M company. It was reported on Nov, 22 by Barchart.com. We have $11.01 PT which if reached, will make NASDAQ:UCTT worth $17.31 million more.
Ultra Clean Holdings Inc (NASDAQ:UCTT) Ratings Coverage
Out of 6 analysts covering Ultra Clean Holdings (NASDAQ:UCTT), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Ultra Clean Holdings has been the topic of 12 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Dougherty & Company on Friday, July 29. The firm earned “Outperform” rating on Thursday, July 23 by Northland Capital. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) earned “Buy” rating by Needham on Thursday, October 27. Craig Hallum downgraded the shares of UCTT in a report on Friday, October 23 to “Hold” rating. Dougherty & Company maintained Ultra Clean Holdings Inc (NASDAQ:UCTT) rating on Tuesday, October 25. Dougherty & Company has “Buy” rating and $9.50 price target. The rating was upgraded by Needham on Monday, April 18 to “Buy”. On Tuesday, November 15 the stock rating was downgraded by Standpoint Research to “Hold”. The stock has “Buy” rating given by Craig Hallum on Tuesday, January 12. As per Friday, July 24, the company rating was upgraded by Craig Hallum. The rating was downgraded by Stifel Nicolaus on Friday, July 8 to “Hold”.
According to Zacks Investment Research, “ULTRA CLEAN HOLDINGS, INC. is a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean’s customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean is headquartered in Menlo Park, California.”
Insitutional Activity: The institutional sentiment increased to 1.31 in 2016 Q2. Its up 0.13, from 1.18 in 2016Q1. The ratio is positive, as 5 funds sold all Ultra Clean Holdings Inc shares owned while 29 reduced positions. 12 funds bought stakes while 28 increased positions. They now own 21.63 million shares or 1.72% more from 21.26 million shares in 2016Q1.
The Illinois-based Perritt Cap has invested 0.13% in Ultra Clean Holdings Inc (NASDAQ:UCTT). Oxford Asset Mgmt reported 36,727 shares or 0.01% of all its holdings. Alexandria Limited Liability Com has 5,100 shares for 0.01% of their US portfolio. Blackrock Fund Advsr holds 0% of its portfolio in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 826,043 shares. Dimensional Fund Ltd Partnership accumulated 1.83M shares or 0.01% of the stock. Thomson Horstmann Bryant last reported 0.64% of its portfolio in the stock. Invesco Ltd last reported 69,505 shares in the company. Teton holds 0.08% or 157,000 shares in its portfolio. Harvey Prns Lc accumulated 732,000 shares or 4.16% of the stock. Renaissance Tech Ltd Limited Liability Company holds 0% of its portfolio in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 200,266 shares. Geode Limited Liability Co last reported 0% of its portfolio in the stock. California State Teachers Retirement System has 0% invested in the company for 67,305 shares. Teachers Advsr Incorporated last reported 51,329 shares in the company. Walleye Trading Lc last reported 0% of its portfolio in the stock. The Illinois-based Northern Tru has invested 0% in Ultra Clean Holdings Inc (NASDAQ:UCTT).
Insider Transactions: Since August 19, 2016, the stock had 0 buys, and 1 insider sale for $19,312 net activity. Brumm Sheri sold $19,312 worth of stock.
More news for Ultra Clean Holdings Inc (NASDAQ:UCTT) were recently published by: Prnewswire.com, which released: “Ultra Clean Holdings, Inc. Announces Acquisition of Marchi Thermal Systems, Inc.” on February 05, 2015. Zacks.com‘s article titled: “Ultra Clean Holdings (UCTT) Catches Eye: Stock Jumps 6.4%” and published on October 31, 2016 is yet another important article.
UCTT Company Profile
Ultra Clean Holdings, Inc., incorporated on October 28, 2002, is engaged in the design, engineering and manufacture of production tools, modules and subsystems. 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. The Firm offers its products for the semiconductor capital equipment and equipment industry divisions. It also sells to the consumer, medical, energy, industrial, flat panel and research equipment industries. The Firm is focused on providing specialized engineering and manufacturing solutions for these applications.
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