Latest news with #FrontierCapitalManagement
Yahoo
05-08-2025
- Business
- Yahoo
Needham Lifts PT on Ultra Clean Holdings (UCTT) Stock
Ultra Clean Holdings, Inc. (NASDAQ:UCTT) is one of the Most Undervalued Semiconductor Stocks to Buy According to Analysts. On July 29, Needham analyst Charles Shi lifted the price target on the company's stock to $30 from $26, while keeping a 'Buy' rating, as reported by The Fly. As per the analyst, Ultra Clean Holdings, Inc. (NASDAQ:UCTT) posted strong Q2 2025 results, with revenue beating the Street's estimate, mainly because of upside from its China business. A technician inspecting a series of critical ultra-high purity components. Furthermore, the analyst noted that Q3 2025 revenue was guided slightly above the Street. Ultra Clean Holdings, Inc. (NASDAQ:UCTT)'s management sees cost reduction benefits to reflect gradually and more pronounced in Q4 2025, highlighted Needham. Ultra Clean Holdings, Inc. (NASDAQ:UCTT) saw total revenues of $518.8 million, with Products contributing $454.9 million and Services adding $63.9 million. For Q3 2025, it expects revenue of between $480 million – $530 million. Ultra Clean Holdings, Inc. (NASDAQ:UCTT) remains confident in its ability to surpass the broader semiconductor industry growth, thanks to its capability to navigate evolving conditions, expand its addressable market, gain share, and deliver innovative products and services which advance the multi-year growth strategy. Frontier Capital Management, an investment management company, released its Q1 2025 investor letter. Here is what the fund said: 'Another underperformer was Ultra Clean Holdings, Inc. (NASDAQ:UCTT), a manufacturer of critical subsystems and services for semiconductor capital equipment manufacturers and semi fabs. While Ultra Clean's December quarter results exceeded consensus expectations, its outlook for the March quarter disappointed due to product qualification delays at a top Chinese customer and weakening semiconductor equipment demand in China. Management expects the qualification delays to be resolved soon and still anticipates overall company sales to outpace semiconductor wafer fabrication equipment (WFE) industry spending in 2025. Longer term, Ultra Clean is well positioned to gain market share through new design wins at top-tier semi cap equipment manufacturers.' While we acknowledge the potential of UCTT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Here's What Drives DigitalOcean Holdings' (DOCN) Earnings Growth
Frontier Capital Management, an investment management company, released its 'Frontier Small Cap Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Class N shares of the fund returned -14.43% in the first quarter, compared to -11.12% for the benchmark Russell 2000 Growth Index. The fund returned -14.50% for the 12 months ended March 31, 2025, compared to the benchmark return of -4.86%. US equities traded lower in the first quarter, mainly during the last week of the quarter. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first quarter 2025 investor letter, Frontier Small Cap Growth Fund highlighted stocks such as DigitalOcean Holdings, Inc. (NYSE:DOCN). DigitalOcean Holdings, Inc. (NYSE:DOCN) is a cloud computing platform that offers on-demand infrastructure and platform tools for developers. The one-month return of DigitalOcean Holdings, Inc. (NYSE:DOCN) was -2.14%, and its shares lost 10.92% of their value over the last 52 weeks. On July 7, 2025, DigitalOcean Holdings, Inc. (NYSE:DOCN) stock closed at $28.87 per share, with a market capitalization of $2.628 billion. Frontier Small Cap Growth Fund stated the following regarding DigitalOcean Holdings, Inc. (NYSE:DOCN) in its first quarter 2025 investor letter: "The market volatility has created several opportunities to invest in companies at prices we find attractive, and thus we have initiated new positions in a variety of industries. Examples include CACI International Inc Amentum Holdings, Inc., Essential Properties Realty Trust, Inc., and DigitalOcean Holdings, Inc. (NYSE:DOCN). DigitalOcean's new CEO has increased investment in its service offering, which should enable the company to grow its share of wallet and reduce churn in the customer base. As use cases for AI develop, we expect more developers will use DigitalOcean's services to build their businesses in a more cost effective manner, driving increasing earnings for years to come." A close up view of a laptop computer, the cloud computing platform displayed on the screen. DigitalOcean Holdings, Inc. (NYSE:DOCN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 20 hedge fund portfolios held DigitalOcean Holdings, Inc. (NYSE:DOCN) at the end of the first quarter, compared to 18 in the previous quarter. DigitalOcean Holdings, Inc.'s (NYSE:DOCN) first quarter revenue increased 14% year-over-year to $211 million. While we acknowledge the potential of DigitalOcean Holdings, Inc. (NYSE:DOCN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered DigitalOcean Holdings, Inc. (NYSE:DOCN) and shared the list of AI stocks that will skyrocket. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of DOCN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
08-07-2025
- Business
- Yahoo
What Makes Amentum Holdings (AMTM) an Attractive Bet?
Frontier Capital Management, an investment management company, released its 'Frontier Small Cap Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Class N shares of the fund returned -14.43% in the first quarter, compared to -11.12% for the benchmark Russell 2000 Growth Index. The fund returned -14.50% for the 12 months ended March 31, 2025, compared to the benchmark return of -4.86%. US equities traded lower in the first quarter, mainly during the last week of the quarter. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first quarter 2025 investor letter, Frontier Small Cap Growth Fund highlighted stocks such as Amentum Holdings, Inc. (NYSE:AMTM). Amentum Holdings, Inc. (NYSE:AMTM) offers engineering and technology solutions to the U.S. and allied government agencies. The one-month return of Amentum Holdings, Inc. (NYSE:AMTM) was 8.47%, and YTD its shares gained 15.07% of their value. On July 7, 2025, Amentum Holdings, Inc. (NYSE:AMTM) stock closed at $24.20 per share, with a market capitalization of $5.888 billion. Frontier Small Cap Growth Fund stated the following regarding Amentum Holdings, Inc. (NYSE:AMTM) in its first quarter 2025 investor letter: "The market volatility has created several opportunities to invest in companies at prices we find attractive, and thus we have initiated new positions in a variety of industries. Examples include CACI International Inc, Amentum Holdings, Inc. (NYSE:AMTM), Essential Properties Realty Trust, Inc., and DigitalOcean Holdings, Inc. CACI and Amentum both provide essential services to the Department of Defense and other governmental agencies. These companies recently saw a dramatic decline in their stock prices as investors became concerned that the newly formed Department of Government Efficiency (DOGE) would recommend cuts across all government areas. While pruning inefficient spending is likely, we believe that the mission critical nature of the projects on which CACI and Amentum work, together with the considerable cost the government would incur to bring this work in-house, are testaments to the value these companies provide. While some projects may be delayed, increased spending on defense and digital infrastructure should enable these companies to grow earnings during the next few years." A diverse team of professionals working together to deliver sophisticated engineering solutions. Amentum Holdings, Inc. (NYSE:AMTM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 37 hedge fund portfolios held Amentum Holdings, Inc. (NYSE:AMTM) at the end of the first quarter, compared to 29 in the previous quarter. While we acknowledge the potential of Amentum Holdings, Inc. (NYSE:AMTM) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Amentum Holdings, Inc. (NYSE:AMTM) and shared the list of best new stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of AMTM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
07-07-2025
- Business
- Yahoo
BILL Holdings (BILL) Fell due to Weakness in Consumer Confidence
Frontier Capital Management, an investment management company, released its 'Frontier Small Cap Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Class N shares of the fund returned -14.43% in the first quarter, compared to -11.12% for the benchmark Russell 2000 Growth Index. The fund returned -14.50% for the 12 months ended March 31, 2025, compared to the benchmark return of -4.86%. US equities traded lower in the first quarter, mainly during the last week of the quarter. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first quarter 2025 investor letter, Frontier Small Cap Growth Fund highlighted stocks such as BILL Holdings, Inc. (NYSE:BILL). BILL Holdings, Inc. (NYSE:BILL) provides cloud-based software solutions to simplify, digitize, and automate complex back-office financial operations. The one-month return of BILL Holdings, Inc. (NYSE:BILL) was 5.68%, and its shares lost 8.49% of their value over the last 52 weeks. On July 3, 2025, BILL Holdings, Inc. (NYSE:BILL) stock closed at $48.21 per share, with a market capitalization of $4.97 billion. Frontier Small Cap Growth Fund stated the following regarding BILL Holdings, Inc. (NYSE:BILL) in its first quarter 2025 investor letter: "Industrials was the second main area of underperformance, mostly due to stock selection. Our worst industrial name was BILL Holdings, Inc. (NYSE:BILL), a payments company that services small businesses. When BILL reported its fourth quarter financial results, investors became concerned about the company's ability to maintain its margins due to lower adoption rates of its more profitable payment service offerings. Additionally, during the period, market sentiment towards small businesses turned markedly negative. We reduced our position in BILL as it appears the ongoing consumer confidence weakness will continue to hamper small businesses spending." A group of finance professionals hard at work in an office, signifying accounts payable and accounts receivable. BILL Holdings, Inc. (NYSE:BILL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 53 hedge fund portfolios held BILL Holdings, Inc. (NYSE:BILL) at the end of the first quarter, which was 64 in the previous quarter. In the fiscal third quarter of 2025, BILL Holdings, Inc. (NYSE:BILL) reported revenue of $358 million up 11% year-over-year. While we acknowledge the potential of BILL Holdings, Inc. (NYSE:BILL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered BILL Holdings, Inc. (NYSE:BILL) and shared Parnassus Mid Cap Growth Fund's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of BILL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
07-07-2025
- Business
- Yahoo
Here's AMG Frontier Small Cap Growth Fund's Comment on FTAI Aviation Ltd. (FTAI)
Frontier Capital Management, an investment management company, released its 'Frontier Small Cap Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Class N shares of the fund returned -14.43% in the first quarter, compared to -11.12% for the benchmark Russell 2000 Growth Index. The fund returned -14.50% for the 12 months ended March 31, 2025, compared to the benchmark return of -4.86%. US equities traded lower in the first quarter, mainly during the last week of the quarter. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first quarter 2025 investor letter, Frontier Small Cap Growth Fund highlighted stocks such as FTAI Aviation Ltd. (NASDAQ:FTAI). FTAI Aviation Ltd. (NASDAQ:FTAI) owns and acquires aviation equipment for the transportation of goods and people. The one-month return of FTAI Aviation Ltd. (NASDAQ:FTAI) was -11.01%, and its shares gained 8.74% of their value over the last 52 weeks. On July 03, 2025, FTAI Aviation Ltd. (NASDAQ:FTAI) stock closed at $114.95 per share with a market capitalization of $11.79 billion. Frontier Small Cap Growth Fund stated the following regarding FTAI Aviation Ltd. (NASDAQ:FTAI) in its first quarter 2025 investor letter: "A second industrial underperformer was FTAI Aviation Ltd. (NASDAQ:FTAI), which has been one of our top contributors over the past couple of years. In January, a hedge fund published a short report asserting that FTAI had inflated its earnings through dubious accounting practices. The stock plummeted on the news, but we felt confident those claims were without merit. This event triggered the company to hire an independent auditor to review its accounting practices. During this time, we added to the position at lower prices where it presented a very attractive risk/reward given our confidence in the company's business model, growth opportunities, and understanding of its accounting practices. As it stands today, the investigation by the independent auditors has been completed with findings of no wrongdoing by FTAI, no accounting restatements, no delay in any Securities and Exchange Commission (SEC) filings, and no changes to earnings projections. We anticipate many years of strong growth ahead and have maintained a significant portfolio position." A team of airline employees surrounded by flight deck controls, with a variety of aircraft outside. FTAI Aviation Ltd. (NASDAQ:FTAI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held FTAI Aviation Ltd. (NASDAQ:FTAI) at the end of the first quarter, which was 54 in the previous quarter. While we acknowledge the potential of FTAI Aviation Ltd. (NASDAQ:FTAI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered FTAI Aviation Ltd. (NASDAQ:FTAI) and shared Tourlite Capital Management's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of FTAI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
