Camtek Ltd. $CAMT Shares Sold by Y.D. More Investments Ltd

Y.D. More Investments Ltd decreased its holdings in Camtek Ltd. (NASDAQ:CAMT) by 11.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 648,574 shares of the semiconductor company’s stock after selling 84,090 shares during the quarter. Camtek makes up about 3.3% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 8th largest position. Y.D. More Investments Ltd’s holdings in Camtek were worth $69,606,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CAMT. Advisors Asset Management Inc. increased its stake in shares of Camtek by 61.6% in the first quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 293 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Camtek by 12.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 149,223 shares of the semiconductor company’s stock worth $8,749,000 after buying an additional 16,117 shares in the last quarter. Geode Capital Management LLC grew its holdings in Camtek by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 39,420 shares of the semiconductor company’s stock worth $3,333,000 after acquiring an additional 279 shares during the last quarter. Cetera Investment Advisers grew its holdings in Camtek by 4.7% during the 2nd quarter. Cetera Investment Advisers now owns 4,841 shares of the semiconductor company’s stock worth $409,000 after acquiring an additional 217 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in Camtek by 523.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 42,495 shares of the semiconductor company’s stock valued at $3,593,000 after acquiring an additional 35,681 shares in the last quarter. Institutional investors and hedge funds own 41.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CAMT shares. Oppenheimer upped their target price on shares of Camtek from $120.00 to $180.00 and gave the stock an “outperform” rating in a research report on Thursday, February 19th. Northland Securities lowered shares of Camtek from an “outperform” rating to a “market perform” rating and set a $150.00 price target for the company. in a report on Wednesday, February 18th. Morgan Stanley boosted their price objective on shares of Camtek from $151.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $120.00 price objective on shares of Camtek in a report on Tuesday, December 16th. Finally, Barclays increased their price objective on Camtek from $155.00 to $175.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Camtek currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.75.

Camtek Stock Performance

Shares of NASDAQ CAMT opened at $157.73 on Monday. The company’s 50 day simple moving average is $156.87 and its 200 day simple moving average is $130.09. Camtek Ltd. has a fifty-two week low of $47.41 and a fifty-two week high of $180.83. The firm has a market capitalization of $7.23 billion, a P/E ratio of 167.80, a P/E/G ratio of 3.71 and a beta of 1.56. The company has a debt-to-equity ratio of 0.84, a current ratio of 8.35 and a quick ratio of 7.31.

Camtek (NASDAQ:CAMT) last released its earnings results on Wednesday, February 18th. The semiconductor company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.02). The business had revenue of $128.12 million for the quarter, compared to analyst estimates of $127.10 million. Camtek had a return on equity of 23.61% and a net margin of 10.23%.Camtek’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.77 EPS. On average, analysts predict that Camtek Ltd. will post 2.93 EPS for the current year.

Camtek Profile

Camtek Ltd. (NASDAQ: CAMT) is a provider of automated inspection and metrology solutions for the semiconductor and printed circuit board (PCB) industries. The company develops, manufactures and markets a suite of inline and stand-alone systems that perform high‐resolution 2D and 3D measurements, defect review and process control. Its products are used by integrated device manufacturers, foundries, OSAT (outsourced semiconductor assembly and test) providers, and PCB fabricators to optimize yield, improve product quality and reduce production costs.

Camtek’s core offerings include wafer inspection systems that detect and classify defects on patterned wafers, patterned wafer metrology tools for overlay and critical dimension measurements, and advanced packaging inspection platforms for 3D ICs and fan-out wafer-level packaging.