Camtek Ltd. (NASDAQ:CAMT) Shares Acquired by Oberweis Asset Management Inc.

Oberweis Asset Management Inc. lifted its stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 199,980 shares of the semiconductor company's stock after purchasing an additional 21,800 shares during the quarter. Oberweis Asset Management Inc. owned about 0.44% of Camtek worth $16,152,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. HighTower Advisors LLC boosted its stake in Camtek by 75.6% during the fourth quarter. HighTower Advisors LLC now owns 9,926 shares of the semiconductor company's stock worth $802,000 after buying an additional 4,272 shares during the period. State of New Jersey Common Pension Fund D lifted its holdings in shares of Camtek by 1.5% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 25,150 shares of the semiconductor company's stock worth $2,031,000 after acquiring an additional 381 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of Camtek by 77.3% during the 3rd quarter. Stifel Financial Corp now owns 3,151 shares of the semiconductor company's stock worth $252,000 after purchasing an additional 1,374 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its holdings in Camtek by 9.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 963,874 shares of the semiconductor company's stock valued at $77,852,000 after purchasing an additional 81,709 shares during the last quarter. Finally, Y.D. More Investments Ltd raised its position in Camtek by 6.0% in the 4th quarter. Y.D. More Investments Ltd now owns 525,413 shares of the semiconductor company's stock worth $42,905,000 after purchasing an additional 29,580 shares during the period. Institutional investors own 41.93% of the company's stock.

Camtek Stock Down 0.6 %

NASDAQ CAMT traded down $0.39 during midday trading on Friday, hitting $66.55. 440,027 shares of the company traded hands, compared to its average volume of 574,390. The company has a debt-to-equity ratio of 0.36, a current ratio of 5.00 and a quick ratio of 4.11. The company has a market cap of $3.03 billion, a PE ratio of 27.50, a price-to-earnings-growth ratio of 1.89 and a beta of 1.42. Camtek Ltd. has a 52 week low of $47.41 and a 52 week high of $140.50. The company's 50-day simple moving average is $64.75 and its 200-day simple moving average is $76.80.

Camtek (NASDAQ:CAMT - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 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%. As a group, equities research analysts forecast that Camtek Ltd. will post 2.93 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Bank of America cut their target price on Camtek from $105.00 to $80.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Jefferies Financial Group cut their price objective on Camtek from $120.00 to $85.00 and set a "buy" rating on the stock in a research report on Friday, March 28th. Needham & Company LLC reiterated a "buy" rating and set a $110.00 target price on shares of Camtek in a research report on Thursday, February 13th. Barclays cut their price target on shares of Camtek from $120.00 to $85.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, Cantor Fitzgerald started coverage on shares of Camtek in a research report on Monday, January 13th. They issued a "neutral" rating and a $100.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $103.13.

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.