Noked Israel Ltd Purchases 198,554 Shares of Camtek Ltd. (NASDAQ:CAMT)

Noked Israel Ltd raised its holdings in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 132.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 348,054 shares of the semiconductor company's stock after buying an additional 198,554 shares during the quarter. Camtek comprises about 5.5% of Noked Israel Ltd's portfolio, making the stock its 6th biggest holding. Noked Israel Ltd owned approximately 0.77% of Camtek worth $28,112,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. HighTower Advisors LLC grew its holdings in shares of Camtek by 75.6% in the fourth quarter. HighTower Advisors LLC now owns 9,926 shares of the semiconductor company's stock valued at $802,000 after purchasing an additional 4,272 shares during the period. State of New Jersey Common Pension Fund D grew its holdings in shares of Camtek by 1.5% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 25,150 shares of the semiconductor company's stock valued at $2,031,000 after purchasing an additional 381 shares during the period. Y.D. More Investments Ltd grew its holdings in shares of Camtek by 6.0% in the fourth quarter. Y.D. More Investments Ltd now owns 525,413 shares of the semiconductor company's stock valued at $42,905,000 after purchasing an additional 29,580 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its holdings 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 purchasing an additional 81,709 shares during the period. Finally, Swiss National Bank grew its holdings in shares of Camtek by 2.4% in the fourth quarter. Swiss National Bank now owns 59,008 shares of the semiconductor company's stock valued at $4,813,000 after purchasing an additional 1,369 shares during the period. Hedge funds and other institutional investors own 41.93% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CAMT shares. Barclays dropped their price objective on shares of Camtek from $120.00 to $85.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Evercore ISI lowered their target price on shares of Camtek from $100.00 to $82.00 and set an "outperform" rating for the company in a research note on Wednesday. B. Riley increased their target price on shares of Camtek from $85.00 to $95.00 and gave the stock a "buy" rating in a research note on Wednesday. Bank of America lowered their target price on shares of Camtek from $105.00 to $80.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Finally, StockNews.com lowered shares of Camtek from a "hold" rating to a "sell" rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $92.44.

Camtek Stock Down 0.9%

Shares of CAMT traded down $0.57 during mid-day trading on Friday, hitting $65.94. 435,842 shares of the company's stock were exchanged, compared to its average volume of 569,145. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 27.25, a P/E/G ratio of 1.89 and a beta of 1.36. Camtek Ltd. has a fifty-two week low of $47.41 and a fifty-two week high of $140.50. 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's 50-day moving average is $63.04 and its 200-day moving average is $75.38.

Camtek (NASDAQ:CAMT - Get Free Report) last issued its quarterly 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%. On average, sell-side analysts anticipate that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.

About Camtek

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.