Today, a Director at Ultra Clean Holdings (UCTT), Clarence Granger, bought shares of UCTT for $283.1K.
Following this transaction Clarence Granger’s holding in the company was increased by 14.08% to a total of $2.36 million. In addition to Clarence Granger, one other UCTT executive reported Buy trades in the last month.
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UCTT’s market cap is $537M and the company has a P/E ratio of 44.36. Currently, Ultra Clean Holdings has an average volume of 475.2K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $17.00, reflecting a 27.6% upside. Starting in March 2019, UCTT received 5 Buy ratings in a row. Three different firms, including Craig-Hallum and Needham, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $122.7K worth of UCTT shares and purchased $906.8K worth of UCTT shares. The insider sentiment on Ultra Clean Holdings has been neutral according to 48 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Clarence Granger’s trades have generated a 2.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Ultra Clean Holdings, Inc. engages in the design, and manufacture of production tools, modules and subsystems for the semiconductor capital equipment industry. Its products include engineering, new product introductory (NPI), supply chain management, chemical and gas delivery, metal fabrication, precision machining, system integration, and thermal control.
