Goodman Financial Corp Invests $13.90 Million in Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Goodman Financial Corp bought a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 386,651 shares of the semiconductor company’s stock, valued at approximately $13,900,000. Ultra Clean accounts for 3.0% of Goodman Financial Corp’s investment portfolio, making the stock its 15th largest holding. Goodman Financial Corp owned about 0.86% of Ultra Clean at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Magnetar Financial LLC acquired a new position in Ultra Clean during the 4th quarter worth approximately $292,000. Boston Partners lifted its position in shares of Ultra Clean by 227.1% during the 4th quarter. Boston Partners now owns 1,035,214 shares of the semiconductor company’s stock worth $37,625,000 after purchasing an additional 718,717 shares during the last quarter. Delphi Management Inc. MA grew its stake in shares of Ultra Clean by 606.2% during the fourth quarter. Delphi Management Inc. MA now owns 40,256 shares of the semiconductor company’s stock worth $1,447,000 after purchasing an additional 34,556 shares in the last quarter. Counterpoint Mutual Funds LLC increased its holdings in Ultra Clean by 5.5% in the fourth quarter. Counterpoint Mutual Funds LLC now owns 12,182 shares of the semiconductor company’s stock valued at $438,000 after buying an additional 631 shares during the last quarter. Finally, Royce & Associates LP raised its stake in Ultra Clean by 2.1% in the fourth quarter. Royce & Associates LP now owns 927,688 shares of the semiconductor company’s stock valued at $33,350,000 after buying an additional 18,991 shares in the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

Ultra Clean Trading Down 2.0 %

NASDAQ UCTT opened at $24.68 on Friday. The firm’s fifty day moving average price is $32.73 and its 200 day moving average price is $35.30. Ultra Clean Holdings, Inc. has a 12 month low of $22.40 and a 12 month high of $56.47. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.75 and a quick ratio of 1.63. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 308.54, a price-to-earnings-growth ratio of 0.51 and a beta of 2.20.

Analyst Ratings Changes

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

Insider Buying and Selling at Ultra Clean

In other news, insider Bill Bentinck purchased 3,000 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The shares were purchased at an average price of $25.17 per share, for a total transaction of $75,510.00. Following the purchase, the insider now directly owns 60,695 shares of the company’s stock, valued at $1,527,693.15. This represents a 5.20 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ernest E. Maddock acquired 10,000 shares of Ultra Clean stock in a transaction on Friday, March 7th. The stock was purchased at an average price of $24.29 per share, with a total value of $242,900.00. Following the purchase, the director now owns 11,000 shares of the company’s stock, valued at $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 insiders.

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.