Lifestyle Asset Management Inc. Buys New Stake in Camtek Ltd. $CAMT

Key Points

• Lifestyle Asset Management Inc. acquired 4,351 shares of Camtek Ltd. valued at approximately $368,000, marking a new position in the semiconductor company during the second quarter.
• Shares of Camtek rose by 0.7% recently, with a current market cap of $4.00 billion and earnings of $0.79 per share for the last reported quarter
• Investment analysts have forecast growth for Camtek, with an average rating of "Moderate Buy" and a consensus target price of $96.10.

Lifestyle Asset Management Inc. acquired a new position in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,351 shares of the semiconductor company's stock, valued at approximately $368,000.

Several other hedge funds have also modified their holdings of the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Camtek in the first quarter worth about $31,000. Advisors Asset Management Inc. grew its position in shares of Camtek by 61.6% in the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company's stock worth $45,000 after acquiring an additional 293 shares in the last quarter. State of Wyoming lifted its stake in Camtek by 146.2% during 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. Petrus Trust Company LTA lifted its stake in Camtek by 12.9% during the first quarter. Petrus Trust Company LTA now owns 3,706 shares of the semiconductor company's stock worth $217,000 after purchasing an additional 422 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Camtek by 9.0% during 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 period. 41.93% of the stock is owned by institutional investors and hedge funds.

Camtek Price Performance

Shares of CAMT stock traded down $3.54 during trading hours on Friday, reaching $97.61. The company's stock had a trading volume of 338,058 shares, compared to its average volume of 474,968. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 35.75, a PEG ratio of 2.63 and a beta of 1.35. The company has a quick ratio of 4.38, a current ratio of 5.41 and a debt-to-equity ratio of 0.32. The firm's 50 day simple moving average is $87.67 and its 200-day simple moving average is $75.28. Camtek Ltd. has a fifty-two week low of $47.41 and a fifty-two week high of $110.73.

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CAMT shares. Bank of America cut Camtek from a "buy" rating to a "neutral" rating and set a $95.00 price target for the company. in a research note on Wednesday, August 6th. Stifel Nicolaus lifted their target price on shares of Camtek from $84.00 to $98.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Needham & Company LLC lifted their price target on shares of Camtek from $80.00 to $98.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Evercore ISI increased their price objective on shares of Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Finally, Cantor Fitzgerald set a $80.00 target price on shares of Camtek and gave the company a "neutral" rating in a research report on Tuesday, June 24th. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $96.10.

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.