9,669 Shares in Camtek Ltd. (NASDAQ:CAMT) Purchased by Bayesian Capital Management LP

Bayesian Capital Management LP purchased a new position in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,669 shares of the semiconductor company's stock, valued at approximately $781,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of CAMT. Jones Financial Companies Lllp raised its holdings in Camtek by 364.0% in the fourth quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company's stock valued at $33,000 after acquiring an additional 324 shares in the last quarter. Huntington National Bank raised its stake in Camtek by 42.4% during the fourth quarter. Huntington National Bank now owns 413 shares of the semiconductor company's stock valued at $33,000 after buying an additional 123 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Camtek during the 3rd quarter worth approximately $53,000. Optimum Investment Advisors grew its position in shares of Camtek by 43.3% in the 4th quarter. Optimum Investment Advisors now owns 2,150 shares of the semiconductor company's stock worth $174,000 after acquiring an additional 650 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Camtek during the fourth quarter valued at $209,000. 41.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Camtek Stock Down 3.5 %

NASDAQ:CAMT traded down $2.40 on Friday, hitting $66.57. The stock had a trading volume of 754,807 shares, compared to its average volume of 567,069. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.11 and a current ratio of 5.00. The stock has a market cap of $3.04 billion, a P/E ratio of 27.51, a price-to-earnings-growth ratio of 1.89 and a beta of 1.36. The firm's fifty day simple moving average is $62.93 and its two-hundred day simple moving average is $75.75. Camtek Ltd. has a 1 year low of $47.41 and a 1 year high of $140.50.

Camtek (NASDAQ:CAMT - Get Free Report) last released its quarterly earnings data 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%. Analysts predict that Camtek Ltd. will post 2.93 earnings per share for the current year.

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.