162,358 Shares in Ultra Clean Holdings, Inc. $UCTT Purchased by Redwood Grove Capital LLC

Posted by George Bondi on Jul 29th, 2026

Redwood Grove Capital LLC acquired a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 162,358 shares of the semiconductor company’s stock, valued at approximately $10,095,000. Ultra Clean makes up about 3.3% of Redwood Grove Capital LLC’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quadrant Capital Group LLC raised its position in shares of Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 284 shares in the last quarter. Danske Bank A S boosted its position in shares of Ultra Clean by 450.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 900 shares in the last quarter. AdvisorNet Financial Inc bought a new stake in shares of Ultra Clean during the first quarter valued at approximately $34,000. Smartleaf Asset Management LLC grew its stake in Ultra Clean by 472.9% in the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,414 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in Ultra Clean in the third quarter worth $45,000. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on UCTT shares. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Needham & Company LLC upped their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. UBS Group initiated coverage on shares of Ultra Clean in a research report on Tuesday, May 5th. They set a “buy” rating and a $130.00 price target for the company. Finally, Oppenheimer upped their price objective on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, June 9th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $113.40.

Get Our Latest Analysis on Ultra Clean

Insider Buying and Selling

In related news, SVP Jamie J. Palfrey sold 8,691 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the transaction, the senior vice president owned 16,446 shares in the company, valued at $1,311,075.12. The trade was a 34.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Emily M. Liggett sold 8,198 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total transaction of $755,691.64. Following the sale, the director owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. This represents a 17.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 80,106 shares of company stock worth $6,734,589 over the last quarter. 1.80% of the stock is owned by insiders.

Ultra Clean Stock Down 10.9%

Shares of NASDAQ:UCTT opened at $77.50 on Wednesday. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86. The stock has a fifty day simple moving average of $100.70 and a two-hundred day simple moving average of $75.20. Ultra Clean Holdings, Inc. has a 12-month low of $21.28 and a 12-month high of $144.22. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of -18.07, a PEG ratio of 1.16 and a beta of 1.83.

Ultra Clean (NASDAQ:UCTT – Get Free Report) last released its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The firm had revenue of $533.70 million for the quarter, compared to analysts’ expectations of $525.28 million. During the same period in the prior year, the firm posted $0.28 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. On average, research analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

Ultra Clean Profile

(Free Report)

Ultra Clean Holdings, Inc is a global supplier of critical consumables and process tools for the semiconductor manufacturing industry. The company specializes in precision parts cleaning, chemical–mechanical planarization (CMP) slurries, surface conditioning pads, and specialty components used in wafer fabrication and advanced packaging. Ultra Clean also provides assembly and test hardware, tooling, and automated modules designed to support complex front-end and back-end processes in semiconductor fabs.

Ultra Clean’s product portfolio encompasses a range of cleaning systems and consumables aimed at particle and film removal, as well as CMP slurries and pads that are engineered for uniform material removal and planarization.