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6,987 Shares in Camtek Ltd. $CAMT Acquired by Magnetar Financial LLC

Camtek logo with Computer and Technology background

Key Points

  • Magnetar Financial LLC has acquired 6,987 shares of Camtek Ltd., valued at approximately $410,000, during the first quarter, indicating increased interest from institutional investors in the semiconductor sector.
  • Camtek reported $0.79 earnings per share for the last quarter, meeting analysts' expectations, with revenue rising 20.2% year-over-year.
  • Analysts have generally rated Camtek with a consensus of "Moderate Buy," with an average price target of $96.10, reflecting positive outlooks on the company's future performance.
  • MarketBeat previews top five stocks to own in October.

Magnetar Financial LLC purchased a new stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,987 shares of the semiconductor company's stock, valued at approximately $410,000.

A number of other institutional investors have also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new stake in Camtek in the first quarter worth about $31,000. State of Wyoming lifted its stake in Camtek by 146.2% in the fourth quarter. State of Wyoming now owns 2,021 shares of the semiconductor company's stock worth $163,000 after purchasing an additional 1,200 shares during the last quarter. Blue Trust Inc. lifted its stake in Camtek by 9.0% in the first quarter. Blue Trust Inc. now owns 4,237 shares of the semiconductor company's stock worth $248,000 after purchasing an additional 351 shares during the last quarter. TD Asset Management Inc lifted its stake in Camtek by 23.4% in the first quarter. TD Asset Management Inc now owns 5,474 shares of the semiconductor company's stock worth $313,000 after purchasing an additional 1,039 shares during the last quarter. Finally, Cynosure Group LLC lifted its stake in Camtek by 44.6% in the first quarter. Cynosure Group LLC now owns 5,864 shares of the semiconductor company's stock worth $344,000 after purchasing an additional 1,808 shares during the last quarter. Institutional investors own 41.93% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on CAMT shares. Evercore ISI raised their price objective on shares of Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Northland Securities set a $105.00 price objective on shares of Camtek in a research note on Wednesday, May 14th. Jefferies Financial Group set a $105.00 price objective on shares of Camtek and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Bank of America downgraded shares of Camtek from a "buy" rating to a "neutral" rating and set a $95.00 price objective for the company. in a research note on Wednesday, August 6th. Finally, B. Riley raised their target price on shares of Camtek from $85.00 to $95.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $96.10.

Check Out Our Latest Report on Camtek

Camtek Stock Up 0.7%

NASDAQ CAMT traded up $0.55 on Friday, hitting $78.75. The stock had a trading volume of 247,852 shares, compared to its average volume of 294,715. The business's fifty day moving average price is $87.82 and its 200 day moving average price is $74.49. The company has a debt-to-equity ratio of 0.32, a current ratio of 5.41 and a quick ratio of 4.38. Camtek Ltd. has a 52-week low of $47.41 and a 52-week high of $110.73. The stock has a market cap of $3.59 billion, a price-to-earnings ratio of 28.85, a price-to-earnings-growth ratio of 2.03 and a beta of 1.35.

Camtek (NASDAQ:CAMT - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share for the quarter, meeting analysts' consensus estimates of $0.79. Camtek had a return on equity of 23.95% and a net margin of 28.36%.The business had revenue of $123.32 million during the quarter, compared to analyst estimates of $121.57 million. During the same quarter last year, the business posted $0.66 EPS. The company's revenue was up 20.2% on a year-over-year basis. Camtek has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Camtek Ltd. will post 2.93 earnings per share for the current year.

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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Institutional Ownership by Quarter for Camtek (NASDAQ:CAMT)

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