Camtek (NASDAQ:CAMT) VP Orit Geva-Dvash Sells 508 Shares of Stock

Camtek Ltd. (NASDAQ:CAMT) VP Orit Geva-Dvash sold 508 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $175.00, for a total value of $88,900.00. Following the sale, the vice president owned 5,205 shares in the company, valued at approximately $910,875. This trade represents a 8.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Orit Geva-Dvash also recently made the following trade(s):

• On Wednesday, August 12th, Orit Geva-Dvash sold 415 shares of Camtek stock. The shares were sold at an average price of $174.06, for a total transaction of $72,234.90.

Camtek Stock Down 9.3%

NASDAQ:CAMT opened at $155.84 on Wednesday. Camtek Ltd. has a one year low of $75.75 and a one year high of $215.99. The company has a debt-to-equity ratio of 0.69, a current ratio of 7.38 and a quick ratio of 6.58. The company has a market cap of $7.27 billion, a PE ratio of 243.50, a P/E/G ratio of 3.68 and a beta of 1.58. The firm’s 50 day simple moving average is $157.93 and its 200 day simple moving average is $164.09.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings results on Monday, August 10th. The semiconductor company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.02. The firm had revenue of $133.24 million during the quarter, compared to analysts’ expectations of $130.44 million. Camtek had a net margin of 7.40% and a return on equity of 21.58%. The company’s revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.79 EPS. On average, research analysts anticipate that Camtek Ltd. will post 3.16 earnings per share for the current year.

Analyst Ratings Changes

CAMT has been the topic of a number of analyst reports. Evercore reiterated an “outperform” rating and issued a $200.00 price target on shares of Camtek in a research report on Wednesday, May 13th. Stifel Nicolaus set a $170.00 price objective on Camtek in a research note on Monday, August 10th. Barclays upped their target price on Camtek from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Camtek in a report on Tuesday, August 11th. Finally, Needham & Company LLC boosted their price target on shares of Camtek from $175.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $173.25.

Key Camtek News

Here are the key news stories impacting Camtek this week:

• Positive Sentiment: Camtek’s latest quarter exceeded expectations, with revenue increasing 8% year over year to $133.24 million and EPS of $0.78 surpassing the $0.76 consensus estimate. The results support continued demand for the company’s semiconductor inspection and metrology systems.
• Positive Sentiment: Analyst sentiment remains broadly constructive. Camtek has a consensus “Moderate Buy” rating and an average price target of $173.25, while several firms maintain targets between $195 and $200. However, Stifel’s newer $170 target suggests more limited upside than some earlier forecasts.
• Neutral Sentiment: CEO Rafi Amit sold 6,250 shares for approximately $1.07 million and retained 55,350 shares. COO Ram Langer sold 6,387 shares worth about $1.10 million and retained 17,532 shares. These sales reduce executive ownership but do not eliminate their remaining stakes. CEO Form 4 filing COO Form 4 filing
• Negative Sentiment: Director Karni Yarl Andorn sold 5,532 shares across two transactions for roughly $928,000, cutting her position by more than 60% and leaving her with 1,343 shares. Vice President Orit Geva-Dvash also sold 508 shares for $88,900, reducing her holdings by 8.89%. The concentration of sales by senior insiders is likely the main near-term overhang, even though such transactions can reflect personal liquidity or diversification. Director Form 4 filing Vice President Form 4 filing
• Negative Sentiment: Camtek trades at a very elevated valuation, with a price-to-earnings ratio above 240 and a PEG ratio of 3.68. That leaves the stock vulnerable to profit-taking when insider selling raises doubts, despite its earnings beat and strong balance-sheet liquidity.

Institutional Investors Weigh In On Camtek

Several large investors have recently added to or reduced their stakes in CAMT. EverSource Wealth Advisors LLC boosted its holdings in Camtek by 46.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 298 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 95 shares during the period. Lifestyle Asset Management Inc. raised its position in shares of Camtek by 2.5% in the fourth quarter. Lifestyle Asset Management Inc. now owns 4,764 shares of the semiconductor company’s stock worth $507,000 after buying an additional 115 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Camtek by 6.0% during the first quarter. NewEdge Advisors LLC now owns 2,072 shares of the semiconductor company’s stock valued at $314,000 after buying an additional 117 shares during the period. Geode Capital Management LLC grew its position in Camtek by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 39,576 shares of the semiconductor company’s stock worth $4,209,000 after buying an additional 162 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its position in Camtek by 202.0% during the fourth quarter. Daiwa Securities Group Inc. now owns 299 shares of the semiconductor company’s stock worth $32,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 41.93% of the company’s stock.

Camtek Company 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.