Camtek Ltd. $CAMT Shares Purchased by ARK Investment Management LLC

Key Points

• ARK Investment Management LLC increased its stake in Camtek Ltd. by 38.2% during the second quarter, owning 27,386 shares worth approximately $2.32 million.
• Camtek's stock has received several buy ratings, with a consensus rating of "Moderate Buy" and an average price target of $110.30 from analysts.
• The company reported earnings of $0.79 per share for the latest quarter, meeting analysts' estimates, and experienced a 20.2% year-over-year revenue increase.

ARK Investment Management LLC raised its stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 38.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,386 shares of the semiconductor company's stock after acquiring an additional 7,566 shares during the quarter. ARK Investment Management LLC owned approximately 0.06% of Camtek worth $2,316,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Stephens Inc. AR acquired a new position in Camtek in the second quarter valued at approximately $561,000. Stratos Wealth Partners LTD. lifted its holdings in Camtek by 70.1% in the second quarter. Stratos Wealth Partners LTD. now owns 7,024 shares of the semiconductor company's stock valued at $594,000 after acquiring an additional 2,895 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings in Camtek by 58.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 8,273 shares of the semiconductor company's stock valued at $700,000 after acquiring an additional 3,061 shares during the period. Aberdeen Group plc lifted its holdings in Camtek by 12.0% in the second quarter. Aberdeen Group plc now owns 217,189 shares of the semiconductor company's stock valued at $18,463,000 after acquiring an additional 23,218 shares during the period. Finally, Blue Trust Inc. lifted its holdings in Camtek by 34.9% in the second quarter. Blue Trust Inc. now owns 5,716 shares of the semiconductor company's stock valued at $483,000 after acquiring an additional 1,479 shares during the period. 41.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CAMT has been the subject of several research analyst reports. Jefferies Financial Group set a $105.00 target price on Camtek and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Needham & Company LLC upped their target price on Camtek from $80.00 to $98.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Weiss Ratings reissued a "hold (c)" rating on shares of Camtek in a research note on Wednesday, October 8th. Oppenheimer initiated coverage on Camtek in a research note on Wednesday, July 2nd. They issued an "outperform" rating and a $100.00 price objective for the company. Finally, Evercore ISI increased their price objective on Camtek from $82.00 to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Camtek currently has a consensus rating of "Moderate Buy" and an average price target of $110.30.

Camtek Stock Down 3.7%

Shares of CAMT opened at $115.91 on Thursday. Camtek Ltd. has a 52-week low of $47.41 and a 52-week high of $127.08. The company has a market capitalization of $5.28 billion, a PE ratio of 42.46, a price-to-earnings-growth ratio of 3.04 and a beta of 1.39. The stock has a fifty day simple moving average of $97.84 and a two-hundred day simple moving average of $83.21. The company has a quick ratio of 4.38, a current ratio of 5.41 and a debt-to-equity ratio of 0.32.

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

Camtek 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.

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