Today, a Director at Ultra Clean Holdings (UCTT), Clarence Granger, bought shares of UCTT for $623.7K.
This recent transaction increases Clarence Granger’s holding in the company by 52.95% to a total of $2.08 million. Following Clarence Granger’s last UCTT Buy transaction on March 10, 2015, the stock climbed by 6.0%.
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UCTT’s market cap is $535.8M and the company has a P/E ratio of 44.52. Currently, Ultra Clean Holdings has an average volume of 360K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $17.00, reflecting a 25.3% upside. Starting in March 2019, UCTT received 5 Buy ratings in a row. Three different firms, including Cowen & Co. and Craig-Hallum, 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 $623.7K worth of UCTT shares. The insider sentiment on Ultra Clean Holdings has been negative according to 47 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
