Insider Activity: COO of Ultra Clean Holdings Makes Significant Buy
Chief Operating Officer’s Confidence Suggests Positive Outlook
Insider trading often raises questions about market confidence, especially when significant transactions occur. Recently, Harjinder Bajwa, the COO of Ultra Clean Holdings, made a notable insider purchase, which is worth examining.
On Wednesday, Bajwa invested $522,500 in Ultra Clean Holdings, acquiring 15,000 shares at a price of $34.83 each. This marks his second stock purchase in the past year; previously, he bought $83,325 worth of shares at a lower price of $33.33 each. Following this latest transaction, Ultra Clean Holdings experienced a 2.9% increase in trading on Monday.
VIDEO: Monday 11/18 Insider Buying Report: UCTT
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