Bridge City Capital LLC Invests $3.02 Million in Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Bridge City Capital LLC acquired a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 84,071 shares of the semiconductor company’s stock, valued at approximately $3,022,000. Bridge City Capital LLC owned approximately 0.19% of Ultra Clean as of its most recent SEC filing.

Several other large investors have also bought and sold shares of UCTT. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Ultra Clean in the 3rd quarter valued at approximately $32,000. Nisa Investment Advisors LLC boosted its position in Ultra Clean by 107.0% in the fourth quarter. Nisa Investment Advisors LLC now owns 948 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 490 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of 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 during the last quarter. Quarry LP increased its holdings in shares of Ultra Clean by 447.5% during the third quarter. Quarry LP now owns 1,210 shares of the semiconductor company’s stock worth $48,000 after buying an additional 989 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted 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 valued at $86,000 after acquiring an additional 1,386 shares during the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ultra Clean

In other news, insider Bill Bentinck bought 3,000 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was acquired at an average price of $25.17 per share, with a total value of $75,510.00. Following the transaction, the insider now owns 60,695 shares of the company’s stock, valued at $1,527,693.15. This trade represents a 5.20 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ernest E. Maddock purchased 10,000 shares of the stock in a transaction on Friday, March 7th. The shares were purchased at an average price of $24.29 per share, with a total value of $242,900.00. Following the acquisition, the director now owns 11,000 shares in the company, valued at approximately $267,190. The trade was a 1,000.00 % increase in their position. The disclosure for this purchase can be found here. 2.20% of the stock is currently owned by company insiders.

Ultra Clean Trading Down 1.7 %

Shares of NASDAQ UCTT opened at $24.25 on Friday. The stock has a market cap of $1.09 billion, a P/E ratio of 303.16, a price-to-earnings-growth ratio of 0.51 and a beta of 2.20. The firm has a 50 day moving average price of $32.47 and a two-hundred day moving average price of $35.21. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.63 and a current ratio of 2.75. Ultra Clean Holdings, Inc. has a 52-week low of $22.40 and a 52-week high of $56.47.

Analyst Upgrades and Downgrades

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

Ultra Clean Company 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.