Fuller & Thaler Asset Management Inc. Takes $375,000 Position in Ultra Clean Holdings, Inc. $UCTT

Fuller & Thaler Asset Management Inc. purchased a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 17,525 shares of the semiconductor company’s stock, valued at approximately $375,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ellevest Inc. boosted its stake in shares of Ultra Clean by 3.5% in the fourth quarter. Ellevest Inc. now owns 13,263 shares of the semiconductor company’s stock valued at $477,000 after purchasing an additional 445 shares during the period. Bank of Montreal Can boosted its stake in shares of Ultra Clean by 6.4% in the fourth quarter. Bank of Montreal Can now owns 7,957 shares of the semiconductor company’s stock valued at $286,000 after purchasing an additional 478 shares during the period. Quarry LP boosted its stake in shares of Ultra Clean by 58.1% in the fourth quarter. Quarry LP now owns 1,913 shares of the semiconductor company’s stock valued at $69,000 after purchasing an additional 703 shares during the period. MetLife Investment Management LLC boosted its stake in shares of Ultra Clean by 2.9% in the fourth quarter. MetLife Investment Management LLC now owns 26,706 shares of the semiconductor company’s stock valued at $960,000 after purchasing an additional 765 shares during the period. Finally, State of Tennessee Department of Treasury boosted its stake in shares of Ultra Clean by 6.0% in the fourth quarter. State of Tennessee Department of Treasury now owns 16,026 shares of the semiconductor company’s stock valued at $576,000 after purchasing an additional 910 shares during the period. 96.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

UCTT has been the subject of several recent research reports. Wall Street Zen lowered shares of Ultra Clean from a “hold” rating to a “sell” rating in a research note on Wednesday, April 30th. TD Cowen reduced their target price on shares of Ultra Clean from $48.00 to $32.00 and set a “buy” rating on the stock in a report on Tuesday, April 29th. Finally, Needham & Company LLC raised their target price on shares of Ultra Clean from $26.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $30.67.

Insider Activity at Ultra Clean

In other Ultra Clean news, insider Jeffrey L. Mckibben sold 6,294 shares of the stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $20.87, for a total value of $131,355.78. Following the transaction, the insider directly owned 21,996 shares in the company, valued at $459,056.52. This represents a 22.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Paul Yoonku Cho sold 4,084 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $21.06, for a total transaction of $86,009.04. Following the completion of the transaction, the general counsel owned 23,345 shares in the company, valued at $491,645.70. This represents a 14.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company’s stock.

Ultra Clean Stock Up 0.8%

Shares of NASDAQ:UCTT opened at $22.51 on Friday. The firm’s 50 day moving average price is $23.19 and its 200 day moving average price is $23.81. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of -6.66, a price-to-earnings-growth ratio of 0.87 and a beta of 1.99. Ultra Clean Holdings, Inc. has a fifty-two week low of $16.66 and a fifty-two week high of $41.90. The company has a quick ratio of 1.86, a current ratio of 3.06 and a debt-to-equity ratio of 0.59.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $518.80 million for the quarter, compared to analyst estimates of $500.83 million. Ultra Clean had a negative net margin of 7.15% and a positive return on equity of 5.32%. The firm’s revenue was up .5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 earnings per share. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. As a group, equities research analysts predict that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current fiscal year.

About Ultra Clean

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.