Veeco Instruments (NASDAQ:VECO) CEO Sells $727,500.00 in Stock

Veeco Instruments Inc. (NASDAQ:VECO) CEO William John Miller sold 25,000 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $29.10, for a total value of $727,500.00. Following the completion of the sale, the chief executive officer owned 489,543 shares in the company, valued at $14,245,701.30. This represents a 4.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

William John Miller also recently made the following trade(s):

• On Wednesday, October 1st, William John Miller sold 25,000 shares of Veeco Instruments stock. The stock was sold at an average price of $32.00, for a total value of $800,000.00.
• On Tuesday, September 9th, William John Miller sold 25,000 shares of Veeco Instruments stock. The shares were sold at an average price of $25.00, for a total transaction of $625,000.00.

Veeco Instruments Price Performance

Veeco Instruments stock opened at $31.49 on Friday. The stock has a market capitalization of $1.89 billion, a P/E ratio of 37.94 and a beta of 1.17. Veeco Instruments Inc. has a 12-month low of $16.92 and a 12-month high of $34.45. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.36 and a quick ratio of 3.62. The firm’s 50-day moving average is $29.46 and its two-hundred day moving average is $24.87.

Veeco Instruments (NASDAQ:VECO) last posted its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. Veeco Instruments had a net margin of 7.23% and a return on equity of 6.35%. The business had revenue of $165.88 million during the quarter, compared to analyst estimates of $160.49 million. During the same quarter in the previous year, the business posted $0.46 earnings per share. The company’s revenue was down 10.2% on a year-over-year basis. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. Equities analysts predict that Veeco Instruments Inc. will post 0.76 earnings per share for the current year.

Institutional Trading of Veeco Instruments

Institutional investors and hedge funds have recently bought and sold shares of the business. Brooklyn Investment Group purchased a new position in Veeco Instruments in the first quarter valued at approximately $37,000. Smartleaf Asset Management LLC increased its position in shares of Veeco Instruments by 75.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 1,019 shares in the last quarter. US Bancorp DE increased its position in shares of Veeco Instruments by 33.6% in the first quarter. US Bancorp DE now owns 3,366 shares of the semiconductor company’s stock worth $68,000 after acquiring an additional 847 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Veeco Instruments by 49,728.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock valued at $71,000 after acquiring an additional 3,481 shares during the period. Finally, Signaturefd LLC lifted its holdings in shares of Veeco Instruments by 42.2% during the 2nd quarter. Signaturefd LLC now owns 4,465 shares of the semiconductor company’s stock valued at $91,000 after acquiring an additional 1,326 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

Wall Street Analysts Forecast Growth

VECO has been the topic of several analyst reports. Northland Securities cut Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price objective on the stock. in a report on Tuesday, October 7th. Benchmark reduced their target price on Veeco Instruments from $31.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, August 7th. Citigroup lifted their price target on Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Needham & Company LLC lowered shares of Veeco Instruments from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Veeco Instruments in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $28.57.

About Veeco Instruments

Veeco Instruments Inc, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.