Investors Feeling Jittery About SendGrid, Inc. (SEND), Ultra Clean Holdings, Inc. (UCTT)

Mae Love
January 21, 2018

Ultra Clean's customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, solar and medical device industries. Parametric Associate Ltd Liability Corp invested 0% of its portfolio in Ultra Clean Holdings, Inc.

Several analysts recently issued reports on UCTT shares. Jefferies maintained Raytheon Company (NYSE:RTN) on Monday, January 8 with "Buy" rating. Needham & Company LLC dropped their price target on shares of Ultra Clean from $36.00 to $34.00 and set a "buy" rating for the company in a research report on Thursday, October 26th. Cowen lifted their price objective on Ultra Clean from $28.00 to $32.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 18th. Stifel Nicolaus raised shares of Ultra Clean from a "hold" rating to a "buy" rating and set a $27.00 target price for the company in a research report on Monday, December 4th. ValuEngine cut Ultra Clean from a "strong-buy" rating to a "buy" rating in a research note on Friday, October 13th.

Among 7 analysts covering Ultra Clean Holdings (NASDAQ:UCTT), 5 have Buy rating, 0 Sell and 2 Hold. Craig Hallum maintained the stock with "Buy" rating in Monday, September 18 report. (UCTT) escalated 7.61% and closed its last trading session at $26.88. Shares of UCTT moved upward with change of 9.44% to its 50-day Moving average. The firm has a market capitalization of $891.29, a PE ratio of 14.30, a price-to-earnings-growth ratio of 0.66 and a beta of 1.02. Ultra Clean Holdings has $3400 highest and $8 lowest target. The company has managed to keep price to sales ratio of 1.07.

Ultra Clean (NASDAQ:UCTT) last announced its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.62 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.64 by ($0.02). (NASDAQ:UCTT). Royal National Bank & Trust Of Canada invested 0% in Ultra Clean Holdings, Inc.

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EPS Estimate for the next year is 2.54.

SendGrid, maintained at an average outperform rating by 6 stock analysts, and there are at least 0.25% of shares outstanding that are now legally short sold. Smith Graham & Co Investment Advisors Lp sold 273,212 shares as Ultra Clean Hldgs (UCTT)'s stock rose 77.11%. IBNALE DAVID T sold $229,468 worth of stock or 10,000 shares. The company shares sank -22.29% from their peak of $34.59 and now has a $911.23 million market value of equity. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Robeco Institutional Asset Management B.V. purchased a new position in shares of Ultra Clean in the second quarter valued at about $2,993,000. The stock was sold at an average price of $21.58, for a total value of $269,750.00. Teachers Advisors LLC now owns 74,407 shares of the semiconductor company's stock worth $1,255,000 after buying an additional 25,004 shares in the last quarter. The disclosure for this sale can be found here. The total number of shares traded in the last 12 months is 1.05 million. The relative volume of the stock is 2.54. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? It increased, as 16 investors sold Ultra Clean Holdings, Inc. shares while 46 reduced holdings. The company's revenue for the quarter was up 65.9% compared to the same quarter previous year. The fund owned 221,470 shares of the semiconductor company's stock after buying an additional 112,030 shares during the period. (NASDAQ:UCTT). Hancock has invested 0.08% in Ultra Clean Holdings, Inc. The company's 3-months average volume stands at 1.42 million. Goldman Sachs Group Inc. boosted its holdings in shares of Ultra Clean by 1.6% in the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 629,800 shares of the semiconductor company's stock valued at $19,284,000 after buying an additional 94,000 shares in the last quarter.

COPYRIGHT VIOLATION NOTICE: This news story was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. Morgan Stanley holds 0% of its portfolio in Ultra Clean Holdings, Inc. The Company's products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

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