Value Aligned Research Advisors LLC Buys 7,217 Shares of Camtek Ltd. (NASDAQ:CAMT)

Value Aligned Research Advisors LLC grew its position in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 3.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 229,583 shares of the semiconductor company's stock after buying an additional 7,217 shares during the period. Camtek accounts for approximately 4.9% of Value Aligned Research Advisors LLC's investment portfolio, making the stock its 9th largest holding. Value Aligned Research Advisors LLC owned approximately 0.51% of Camtek worth $18,543,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Huntington National Bank grew its stake in shares of Camtek by 42.4% during the fourth quarter. Huntington National Bank now owns 413 shares of the semiconductor company's stock worth $33,000 after purchasing an additional 123 shares during the period. Cetera Investment Advisers increased its stake in shares of Camtek by 3.3% in the 4th quarter. Cetera Investment Advisers now owns 5,288 shares of the semiconductor company's stock valued at $427,000 after acquiring an additional 171 shares during the last quarter. Prentiss Smith & Co. Inc. raised its position in shares of Camtek by 10.8% in the 4th quarter. Prentiss Smith & Co. Inc. now owns 2,786 shares of the semiconductor company's stock valued at $225,000 after acquiring an additional 272 shares during the period. Jones Financial Companies Lllp boosted its stake in Camtek by 364.0% during the 4th quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 324 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Camtek by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 39,117 shares of the semiconductor company's stock valued at $3,159,000 after purchasing an additional 360 shares during the period. Institutional investors and hedge funds own 41.93% of the company's stock.

Camtek Stock Up 4.2 %

Shares of NASDAQ CAMT traded up $2.42 during trading hours on Friday, hitting $60.37. The company had a trading volume of 334,106 shares, compared to its average volume of 571,624. The stock has a market capitalization of $2.75 billion, a P/E ratio of 24.95, a price-to-earnings-growth ratio of 1.89 and a beta of 1.42. Camtek Ltd. has a 1-year low of $47.41 and a 1-year high of $140.50. The firm's 50 day moving average is $67.65 and its 200-day moving average is $77.53. The company has a quick ratio of 4.11, a current ratio of 5.00 and a debt-to-equity ratio of 0.36.

Camtek (NASDAQ:CAMT - Get Free Report) last issued its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. On average, analysts expect that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CAMT shares. Bank of America reduced their price target on shares of Camtek from $105.00 to $80.00 and set a "buy" rating on the stock in a research report on Wednesday. Needham & Company LLC restated a "buy" rating and issued a $110.00 price target on shares of Camtek in a report on Thursday, February 13th. Barclays decreased their price objective on Camtek from $140.00 to $120.00 and set an "overweight" rating for the company in a research report on Friday, January 17th. Jefferies Financial Group lowered their price objective on shares of Camtek from $120.00 to $85.00 and set a "buy" rating for the company in a research report on Friday, March 28th. Finally, Cantor Fitzgerald began coverage on shares of Camtek in a research note on Monday, January 13th. They issued a "neutral" rating and a $100.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $107.50.

Camtek Company Profile

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.