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EdgarHawk

Bajwa Harjinder

Chief Operating Officer

Officer
3 filings analyzed · 1 company · Latest 2024-11-19

Companies

Company Buys Sells Direction
Ultra Clean Holdings, Inc. UCTT 5 0 Net buying

Activity

November 2024
medium
Buy
10,000 shares
$337,500
Significance 5/10

COO Harjinder Bajwa buys 10,000 UCTT shares for $337,500 across 2 transactions on 2024-11-15

Harjinder Bajwa, COO of Ultra Clean Holdings, purchased 10,000 shares totaling $337,500.00 through 2 separate transactions priced at $33.50 and $34.00 on 2024-11-15, increasing his holdings by 22.6% from 44.3K to 54.3K shares. The current stock price of $35.45 is now 36.9% below the 52-week high of $56.18, and the company reported negative annual revenue growth of -27.0% with full-year net income of $-2.3M despite quarterly revenue of $540.4M. Bajwa's cross-ticker buy history includes only 3 prior open-market purchases, and his same-ticker history at UCTT shows earlier buys on 2024-11-13 and 2024-10-31 with outcomes not yet measurable at the 30/90-day mark. The timing pattern of his prior buys yields 0 of 0 classified as well-timed at the 90-day mark, reflecting limited historical reference for evaluating this most recent accumulation in a deteriorating business environment.

medium
Buy
15,000 shares
$522,500
Significance 6/10

COO Bajwa buys 15,000 shares ($522.5K) at $34.83 blended average; stock down -39.5% from 52-week high, company unprofitable with -27.0% revenue decline

Bajwa Harjinder, Chief Operating Officer, made 2 separate purchases totaling 15,000 shares for $522,500.00 on 2024-11-13, raising his holdings by 51.2% to 44,291 shares. The transaction occurred in a challenged context: Ultra Clean Holdings posted net income of $-2,300,000.00 for its most recent quarter, annual revenue contracted -27.0% year-over-year, and the stock has declined -39.5% from its 52-week high of $56.18 to a current price of $33.97. The purchase price of $34.83 (blended average) sits modestly above current levels but well below the company's recent peak, suggesting either opportunistic positioning during a drawdown or participation aligned with prevailing market conditions. Of Bajwa's 3 prior transactions at Ultra Clean Holdings, outcomes remain unmeasurable (all executed within the last two weeks), and his cross-ticker track record shows no pattern of well-timed buys at the 90-day mark across his broader open-market history.

medium
Buy
2,500 shares
$83,325
Significance 4/10

COO Bajwa purchases 2,500 shares at $33.33; stock down -27% YoY revenue while unprofitable in latest fiscal year

Harjinder Bajwa, Chief Operating Officer of Ultra Clean Holdings, purchased 2,500 shares at $33.33 on 2024-10-31, increasing his holdings to 29,291 shares from 26,791 shares. The purchase occurs in a materially challenged operating environment: the company reported a net income of -$2,300,000.00 for the most recent fiscal year and annual revenue growth of -27.0% year-over-year. The stock has declined -39.0% from its 52-week high and -13.5% over the prior 30 days, trading at $34.28 as of the filing reference point. A purchase by a senior executive in the face of deteriorating fundamentals and sustained price weakness merits attention to whether this reflects a contrarian positioning or operational context not fully reflected in public disclosures.

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