Karni Yarl Andorn Sells 3,176 Shares of Camtek (NASDAQ:CAMT) Stock

Camtek Ltd. (NASDAQ:CAMT) Director Karni Yarl Andorn sold 3,176 shares of Camtek stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $164.40, for a total transaction of $522,134.40. Following the completion of the sale, the director owned 1,343 shares in the company, valued at approximately $220,789.20. This trade represents a 70.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Karni Yarl Andorn also recently made the following trade(s):

• On Thursday, August 13th, Karni Yarl Andorn sold 2,356 shares of Camtek stock. The stock was sold at an average price of $172.35, for a total transaction of $406,056.60.

Camtek Stock Down 9.3%

CAMT opened at $155.84 on Wednesday. Camtek Ltd. has a twelve month low of $75.75 and a twelve month high of $215.99. The company has a quick ratio of 6.58, a current ratio of 7.38 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average price of $157.93 and a 200 day moving average price of $164.09. The company has a market cap of $7.27 billion, a PE ratio of 243.50, a price-to-earnings-growth ratio of 3.68 and a beta of 1.58.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings results on Monday, August 10th. The semiconductor company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.02. Camtek had a net margin of 7.40% and a return on equity of 21.58%. The firm had revenue of $133.24 million for the quarter, compared to analyst estimates of $130.44 million. During the same period last year, the company posted $0.79 EPS. Camtek’s quarterly revenue was up 8.0% compared to the same quarter last year. Sell-side analysts expect that Camtek Ltd. will post 3.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CAMT has been the subject of several research reports. Needham & Company LLC boosted their price target on Camtek from $175.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Weiss Ratings restated a “hold (c)” rating on shares of Camtek in a report on Tuesday, August 11th. Jefferies Financial Group lifted their target price on shares of Camtek from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Stifel Nicolaus set a $170.00 target price on shares of Camtek in a report on Monday, August 10th. Finally, Oppenheimer increased their target price on shares of Camtek from $180.00 to $195.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $173.25.

Institutional Investors Weigh In On Camtek

Several hedge funds and other institutional investors have recently made changes to their positions in CAMT. Raiffeisen Bank International AG boosted its holdings in Camtek by 26.3% in the 4th quarter. Raiffeisen Bank International AG now owns 120,000 shares of the semiconductor company’s stock valued at $13,032,000 after purchasing an additional 25,000 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Camtek by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 1,086,242 shares of the semiconductor company’s stock valued at $116,615,000 after buying an additional 7,220 shares during the period. Ariose Capital Management Ltd purchased a new stake in shares of Camtek during the 4th quarter valued at approximately $3,903,000. Y.D. More Investments Ltd lifted its holdings in Camtek by 20.8% in the first quarter. Y.D. More Investments Ltd now owns 783,365 shares of the semiconductor company’s stock valued at $114,901,000 after acquiring an additional 134,791 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its holdings in Camtek by 12.0% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,318,396 shares of the semiconductor company’s stock valued at $140,205,000 after acquiring an additional 140,796 shares during the last quarter. Institutional investors and hedge funds own 41.93% of the company’s stock.

Camtek News Summary

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.

About Camtek

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.