Morgan Dempsey Capital Management LLC Buys 5,416 Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT)

Morgan Dempsey Capital Management LLC grew its stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 232.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,743 shares of the semiconductor company’s stock after purchasing an additional 5,416 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Ultra Clean were worth $278,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of UCTT. Creative Planning bought a new position in shares of Ultra Clean in the third quarter valued at about $546,000. Allspring Global Investments Holdings LLC grew its stake in shares of Ultra Clean by 1,073.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 13,040 shares of the semiconductor company’s stock valued at $521,000 after acquiring an additional 11,929 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Ultra Clean by 130.1% in the third quarter. Harbor Capital Advisors Inc. now owns 367,212 shares of the semiconductor company’s stock valued at $14,663,000 after acquiring an additional 207,633 shares in the last quarter. Moloney Securities Asset Management LLC acquired a new position in shares of Ultra Clean in the third quarter valued at about $1,048,000. Finally, Summit Global Investments acquired a new position in shares of Ultra Clean in the third quarter valued at about $1,450,000. 96.06% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC decreased their price target on shares of Ultra Clean from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, February 25th.

Ultra Clean Trading Down 1.4 %

UCTT stock opened at $24.60 on Friday. The company has a market capitalization of $1.11 billion, a PE ratio of 307.54, a price-to-earnings-growth ratio of 0.51 and a beta of 2.09. 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 $23.89 and a 52 week high of $56.47. The company’s 50-day simple moving average is $36.31 and its 200 day simple moving average is $36.63.

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.