Camtek Ltd. $CAMT Shares Acquired by Raiffeisen Bank International AG

Raiffeisen Bank International AG grew its position in shares of Camtek Ltd. (NASDAQ:CAMT) by 26.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,000 shares of the semiconductor company’s stock after purchasing an additional 25,000 shares during the quarter. Raiffeisen Bank International AG owned approximately 0.26% of Camtek worth $13,032,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc. increased its holdings in shares of Camtek by 202.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 299 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 200 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Camtek during the 3rd quarter valued at approximately $32,000. Advisors Asset Management Inc. increased its holdings in shares of Camtek by 61.6% during the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 293 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of Camtek during the 4th quarter valued at approximately $52,000. Finally, Rothschild Investment LLC purchased a new position in shares of Camtek during the 3rd quarter valued at approximately $54,000. 41.93% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Northland Securities set a $174.00 target price on shares of Camtek in a report on Wednesday, May 13th. Evercore reaffirmed an “outperform” rating and set a $200.00 target price on shares of Camtek in a report on Wednesday, May 13th. Needham & Company LLC lifted their target price on shares of Camtek from $175.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Wall Street Zen raised shares of Camtek from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Oppenheimer lifted their target price on shares of Camtek from $180.00 to $195.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Camtek presently has a consensus rating of “Moderate Buy” and a consensus target price of $174.33.

Camtek Price Performance

Shares of NASDAQ CAMT opened at $184.15 on Friday. The firm has a market cap of $8.44 billion, a PE ratio of 211.67, a PEG ratio of 4.00 and a beta of 1.54. The firm has a fifty day moving average of $176.52 and a 200 day moving average of $151.89. The company has a debt-to-equity ratio of 0.71, a quick ratio of 7.46 and a current ratio of 8.35. Camtek Ltd. has a one year low of $70.07 and a one year high of $215.99.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings results on Tuesday, May 12th. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.69 by $0.01. The company had revenue of $121.66 million during the quarter, compared to analyst estimates of $120.15 million. Camtek had a net margin of 9.63% and a return on equity of 22.26%. The firm’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.79 EPS. As a group, research analysts predict that Camtek Ltd. will post 3.14 EPS for the current fiscal 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.