Neuberger Berman Group LLC cut its holdings in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 29.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,944 shares of the semiconductor company's stock after selling 37,587 shares during the period. Neuberger Berman Group LLC owned about 0.20% of Camtek worth $7,184,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the stock. Meitav Investment House Ltd. boosted its position in shares of Camtek by 119.3% in the fourth quarter. Meitav Investment House Ltd. now owns 818,123 shares of the semiconductor company's stock worth $66,159,000 after acquiring an additional 445,079 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in Camtek by 32.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,135,453 shares of the semiconductor company's stock valued at $91,711,000 after buying an additional 279,000 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Camtek by 10.2% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,670,000 shares of the semiconductor company's stock valued at $135,743,000 after buying an additional 154,548 shares during the period. Wellington Management Group LLP increased its position in Camtek by 3,300.3% in the third quarter. Wellington Management Group LLP now owns 102,078 shares of the semiconductor company's stock worth $8,154,000 after buying an additional 99,076 shares during the period. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new position in shares of Camtek during the fourth quarter worth approximately $7,105,000. Institutional investors and hedge funds own 41.93% of the company's stock.
Camtek Trading Down 4.0 %
CAMT stock traded down $2.42 during mid-day trading on Wednesday, reaching $57.91. The company's stock had a trading volume of 79,625 shares, compared to its average volume of 550,868. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 23.93, a price-to-earnings-growth ratio of 1.89 and a beta of 1.42. The business's 50 day moving average price is $68.79 and its 200 day moving average price is $77.80. The company has a current ratio of 5.00, a quick ratio of 4.11 and a debt-to-equity ratio of 0.36. Camtek Ltd. has a 12 month low of $47.41 and a 12 month high of $140.50.
Camtek (NASDAQ:CAMT - Get Free Report) last announced its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. On average, equities research analysts predict that Camtek Ltd. will post 2.93 EPS for the current year.
Analyst Ratings Changes
Several research firms have issued reports on CAMT. Cantor Fitzgerald initiated coverage on shares of Camtek in a research report on Monday, January 13th. They issued a "neutral" rating and a $100.00 price target on the stock. Needham & Company LLC reissued a "buy" rating and set a $110.00 target price on shares of Camtek in a research report on Thursday, February 13th. Barclays decreased their price objective on Camtek from $140.00 to $120.00 and set an "overweight" rating on the stock in a report on Friday, January 17th. Bank of America dropped their price objective on shares of Camtek from $105.00 to $80.00 and set a "buy" rating for the company in a report on Wednesday. Finally, StockNews.com lowered Camtek from a "hold" rating to a "sell" rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $106.67.
View Our Latest Stock Analysis on Camtek
Camtek Profile
(
Free Report)
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.
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