Stock Mover of the Day: Is Ultra Clean Holdings Inc a Buy? The Stock Rises Again

Stock Mover of the Day: Is Ultra Clean Holdings Inc a Buy? The Stock Rises Again

The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) is a huge mover today! About 279,064 shares traded hands. Ultra Clean Holdings Inc (NASDAQ:UCTT) has risen 75.96% since April 14, 2016 and is uptrending. It has outperformed by 71.28% the S&P500.
The move comes after 7 months positive chart setup for the $292.57M company. It was reported on Nov, 16 by Barchart.com. We have $12.69 PT which if reached, will make NASDAQ:UCTT worth $93.62 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. On Thursday, October 27 the stock rating was maintained by Needham with “Buy”. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) has “Buy” rating given on Tuesday, October 25 by Dougherty & Company. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) earned “Buy” rating by Needham on Monday, April 18. The rating was maintained by Dougherty & Company with “Buy” on Thursday, July 23. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) has “Buy” rating given on Friday, July 29 by Dougherty & Company. On Thursday, July 23 the stock rating was upgraded by Northland Capital to “Outperform”. The firm earned “Hold” rating on Friday, July 8 by Stifel Nicolaus. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) has “Hold” rating given on Friday, October 23 by Craig Hallum. The rating was maintained by Needham with “Buy” on Friday, July 29. The stock of Ultra Clean Holdings Inc (NASDAQ:UCTT) earned “Buy” rating by Craig Hallum on Tuesday, January 12.

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 decreased to 1.18 in 2016 Q2. Its down 0.21, from 1.39 in 2016Q1. The ratio worsened, 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.
Prudential Financial accumulated 0% or 22,790 shares. Northern Tru accumulated 0% or 686,490 shares. Moreover, Invesco Ltd has 0% invested in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 69,505 shares. Needham Invest Mngmt Ltd Liability Com holds 0.56% of its portfolio in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 356,700 shares. The California-based Blackrock Fund Advsrs has invested 0% in Ultra Clean Holdings Inc (NASDAQ:UCTT). First Tru Ltd Partnership holds 0% of its portfolio in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 16,826 shares. Springbok Capital Mngmt Ltd Liability Company owns 7,900 shares or 0.01% of their US portfolio. Fuller Thaler Asset last reported 315,100 shares in the company. Acadian Asset Management Limited Co has invested 0% of its portfolio in Ultra Clean Holdings Inc (NASDAQ:UCTT). Nationwide Fund Advsrs last reported 0% of its portfolio in the stock. Moreover, Citigroup has 0% invested in Ultra Clean Holdings Inc (NASDAQ:UCTT) for 8,447 shares. Gsa Ltd Liability Partnership has 151,927 shares for 0.05% of their US portfolio. Federated Invsts Incorporated Pa last reported 0% of its portfolio in the stock. Tower Research Capital Ltd Co (Trc) holds 443 shares or 0% of its portfolio. Geneva Advsr has invested 0% of its portfolio 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 or 2,811 shares.

Another recent and important Ultra Clean Holdings Inc (NASDAQ:UCTT) news was published by Zacks.com which published an article titled: “Ultra Clean Holdings (UCTT) Catches Eye: Stock Jumps 6.4%” on October 31, 2016.

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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