Royce & Associates LP Has $14.96 Million Position in Camtek Ltd. (NASDAQ:CAMT)

Royce & Associates LP grew its stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 1.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 255,181 shares of the semiconductor company's stock after buying an additional 3,788 shares during the quarter. Royce & Associates LP owned 0.56% of Camtek worth $14,961,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of Camtek by 25.4% during the fourth quarter. Royal Bank of Canada now owns 206,927 shares of the semiconductor company's stock worth $16,714,000 after buying an additional 41,865 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Camtek by 75.6% in the fourth quarter. HighTower Advisors LLC now owns 9,926 shares of the semiconductor company's stock valued at $802,000 after purchasing an additional 4,272 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of Camtek in the first quarter worth $1,101,000. Ameriprise Financial Inc. boosted its holdings in Camtek by 16.9% during the fourth quarter. Ameriprise Financial Inc. now owns 25,129 shares of the semiconductor company's stock worth $2,030,000 after purchasing an additional 3,635 shares during the last quarter. Finally, Norges Bank bought a new position in Camtek in the fourth quarter valued at $4,551,000. Institutional investors own 41.93% of the company's stock.

Camtek Price Performance

NASDAQ:CAMT traded up $1.57 during trading hours on Friday, hitting $95.81. The company's stock had a trading volume of 242,995 shares, compared to its average volume of 370,538. The stock has a fifty day simple moving average of $78.80 and a 200-day simple moving average of $75.75. The company has a market capitalization of $4.37 billion, a P/E ratio of 36.71, a PEG ratio of 2.57 and a beta of 1.34. Camtek Ltd. has a twelve month low of $47.41 and a twelve month high of $110.73. The company has a debt-to-equity ratio of 0.34, a current ratio of 5.28 and a quick ratio of 4.27.

Camtek (NASDAQ:CAMT - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The semiconductor company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.02. The business had revenue of $118.64 million for the quarter, compared to analyst estimates of $119.00 million. Camtek had a return on equity of 24.57% and a net margin of 28.40%. Camtek's quarterly revenue was up 22.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS. On average, analysts anticipate that Camtek Ltd. will post 2.93 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on CAMT shares. Barclays cut their price target on shares of Camtek from $120.00 to $85.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Stifel Nicolaus increased their price target on Camtek from $84.00 to $98.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Wall Street Zen upgraded Camtek from a "sell" rating to a "hold" rating in a research note on Wednesday, May 21st. Needham & Company LLC dropped their price objective on Camtek from $110.00 to $80.00 and set a "buy" rating on the stock in a research note on Wednesday, May 14th. Finally, B. Riley raised their target price on shares of Camtek from $85.00 to $95.00 and gave the company a "buy" rating in a research note on Wednesday, May 14th. Two analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $89.00.

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.