Phoenix Financial Ltd. Trims Stock Holdings in Camtek Ltd. $CAMT

Key Points

• Phoenix Financial Ltd. has reduced its stake in Camtek Ltd. by 4.4%, now owning 448,739 shares valued at approximately $37.9 million.
• Camtek reported earnings of $0.79 EPS, matching analysts' expectations, with a 20.2% year-over-year revenue increase to $123.32 million.
• Equities analysts have set various price targets for Camtek, with a consensus target of $110.30 and ratings ranging from "Buy" to "Hold" across several firms.

Phoenix Financial Ltd. reduced its stake in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 448,739 shares of the semiconductor company's stock after selling 20,439 shares during the period. Phoenix Financial Ltd. owned 0.98% of Camtek worth $37,923,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CAMT. Caitong International Asset Management Co. Ltd bought a new stake in Camtek during the 1st quarter worth approximately $31,000. Advisors Asset Management Inc. raised its position in shares of Camtek by 61.6% during the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company's stock valued at $45,000 after purchasing an additional 293 shares during the period. Petrus Trust Company LTA lifted its stake in shares of Camtek by 12.9% during the 1st quarter. Petrus Trust Company LTA now owns 3,706 shares of the semiconductor company's stock valued at $217,000 after buying an additional 422 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Camtek by 9.0% during the 1st quarter. Blue Trust Inc. now owns 4,237 shares of the semiconductor company's stock valued at $248,000 after buying an additional 351 shares in the last quarter. Finally, State of Wyoming boosted its holdings in Camtek by 111.0% in the 1st quarter. State of Wyoming now owns 4,264 shares of the semiconductor company's stock worth $250,000 after buying an additional 2,243 shares during the period. 41.93% of the stock is currently owned by institutional investors.

Camtek Stock Up 1.8%

NASDAQ CAMT opened at $122.89 on Tuesday. The stock has a 50 day moving average price of $96.61 and a 200-day moving average price of $82.73. Camtek Ltd. has a one year low of $47.41 and a one year high of $127.08. The company has a debt-to-equity ratio of 0.32, a quick ratio of 4.38 and a current ratio of 5.41. The company has a market capitalization of $5.60 billion, a P/E ratio of 45.01, a P/E/G ratio of 3.05 and a beta of 1.39.

Camtek (NASDAQ:CAMT - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share (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 company had revenue of $123.32 million for the quarter, compared to the consensus estimate of $121.57 million. During the same quarter in the prior year, the firm earned $0.66 earnings per share. Camtek's revenue was up 20.2% on a year-over-year basis. Camtek has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Camtek Ltd. will post 2.93 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on CAMT shares. Northland Securities set a $140.00 price target on Camtek in a report on Tuesday, October 7th. Oppenheimer initiated coverage on Camtek in a research note on Wednesday, July 2nd. They set an "outperform" rating and a $100.00 target price on the stock. Cantor Fitzgerald set a $80.00 price target on Camtek and gave the stock a "neutral" rating in a report on Tuesday, June 24th. Evercore ISI increased their price objective on shares of Camtek from $82.00 to $100.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Finally, Zacks Research upgraded shares of Camtek to a "hold" rating in a research report on Monday, August 11th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $110.30.

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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