Trexquant Investment LP lowered its stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 77.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,261 shares of the semiconductor company's stock after selling 62,740 shares during the period. Trexquant Investment LP's holdings in Camtek were worth $1,475,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the stock. 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 worth $135,743,000 after purchasing an additional 154,548 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its position in Camtek by 32.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,135,453 shares of the semiconductor company's stock worth $91,711,000 after buying an additional 279,000 shares during the last quarter. Vanguard Group Inc. increased its position in Camtek by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 983,986 shares of the semiconductor company's stock valued at $80,028,000 after acquiring an additional 14,702 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Camtek by 9.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 963,874 shares of the semiconductor company's stock valued at $77,852,000 after acquiring an additional 81,709 shares during the period. Finally, Meitav Investment House Ltd. lifted its holdings in shares of Camtek by 119.3% in the 4th 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. 41.93% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on CAMT shares. Jefferies Financial Group reduced their price objective on shares of Camtek from $120.00 to $85.00 and set a "buy" rating on the stock in a research report on Friday, March 28th. StockNews.com downgraded Camtek from a "hold" rating to a "sell" rating in a report on Monday. Cantor Fitzgerald assumed coverage on Camtek in a report on Monday, January 13th. They set a "neutral" rating and a $100.00 price objective for the company. Barclays reduced 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. Finally, 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. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $110.22.
Read Our Latest Stock Report on Camtek
Camtek Trading Up 0.6 %
Camtek stock traded up $0.34 during trading on Tuesday, hitting $60.49. The company had a trading volume of 17,667 shares, compared to its average volume of 570,749. The company has a current ratio of 5.00, a quick ratio of 4.11 and a debt-to-equity ratio of 0.36. The company's 50 day simple moving average is $69.41 and its 200-day simple moving average is $77.92. Camtek Ltd. has a 1-year low of $47.41 and a 1-year high of $140.50. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 24.89, a price-to-earnings-growth ratio of 1.89 and a beta of 1.42.
Camtek (NASDAQ:CAMT - Get Free Report) last posted 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 return on equity of 24.99% and a net margin of 27.61%. As a group, analysts expect that Camtek Ltd. will post 2.93 EPS for the current fiscal year.
About Camtek
(
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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