Lbp Am Sa Trims Stock Position in Camtek Ltd. $CAMT

Key Points

• Lbp Am Sa reduced its stake in Camtek Ltd. by 38.3% during the second quarter, selling 66,000 shares and retaining approximately 0.23% ownership worth $8,997,000.
• Several hedge funds, including Clal Insurance and UBS AM, have increased their stakes in Camtek, indicating a growing interest in the semiconductor company.
• Camtek reported a revenue increase of 20.2% year-over-year for the last quarter, achieving $123.32 million in revenue and a net margin of 28.36%.

Lbp Am Sa reduced its stake in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 38.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 106,400 shares of the semiconductor company's stock after selling 66,000 shares during the quarter. Lbp Am Sa owned approximately 0.23% of Camtek worth $8,997,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd increased its position in Camtek by 27.8% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,134,671 shares of the semiconductor company's stock valued at $123,622,000 after purchasing an additional 464,671 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its position in Camtek by 27.6% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,448,441 shares of the semiconductor company's stock valued at $84,922,000 after purchasing an additional 312,988 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Camtek by 110.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,015,307 shares of the semiconductor company's stock valued at $59,527,000 after purchasing an additional 532,944 shares during the period. Vanguard Group Inc. increased its position in Camtek by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 1,002,302 shares of the semiconductor company's stock valued at $58,715,000 after purchasing an additional 18,316 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in Camtek by 1.7% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 980,074 shares of the semiconductor company's stock valued at $57,462,000 after purchasing an additional 16,200 shares during the period. 41.93% of the stock is owned by hedge funds and other institutional investors.

Camtek Stock Performance

Shares of CAMT stock opened at $113.42 on Thursday. Camtek Ltd. has a one year low of $47.41 and a one year high of $113.71. The company's 50-day moving average is $89.80 and its 200 day moving average is $77.44. The company has a market capitalization of $5.17 billion, a price-to-earnings ratio of 41.55, a price-to-earnings-growth ratio of 2.73 and a beta of 1.39. The company has a debt-to-equity ratio of 0.32, a quick ratio of 4.38 and a current ratio of 5.41.

Camtek (NASDAQ:CAMT - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.79 EPS for the quarter, meeting the consensus estimate of $0.79. Camtek had a net margin of 28.36% and a return on equity of 23.95%. The company had revenue of $123.32 million for the quarter, compared to the consensus estimate of $121.57 million. During the same period in the prior year, the firm posted $0.66 EPS. Camtek's revenue for the quarter was up 20.2% on a year-over-year basis. Camtek has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Camtek Ltd. will post 2.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Jefferies Financial Group set a $105.00 target price on shares of Camtek and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Evercore ISI upped their target price on shares of Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Bank of America downgraded shares of Camtek from a "buy" rating to a "neutral" rating and set a $95.00 target price on the stock. in a research report on Wednesday, August 6th. Zacks Research raised shares of Camtek to a "hold" rating in a research report on Monday, August 11th. Finally, Stifel Nicolaus upped their target price on shares of Camtek from $84.00 to $98.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $96.10.

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.

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