Camtek Ltd. $CAMT Shares Bought by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. significantly increased its stake in Camtek Ltd. by 1,271.0%, acquiring a total of 6,814 shares valued at approximately $400,000.
• Multiple institutional investors have also raised their investments in Camtek, with notable increases including a 146.2% stake lift by the State of Wyoming.
• Camtek's stock recently experienced a 5.8% decline, with analysts currently rating it as a "Moderate Buy" and setting a consensus target price of $96.10.

Russell Investments Group Ltd. increased its stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 1,271.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,814 shares of the semiconductor company's stock after purchasing an additional 6,317 shares during the period. Russell Investments Group Ltd.'s holdings in Camtek were worth $400,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Cetera Investment Advisers boosted its stake in Camtek by 3.3% in the 4th quarter. Cetera Investment Advisers now owns 5,288 shares of the semiconductor company's stock worth $427,000 after purchasing an additional 171 shares in the last quarter. Blue Trust Inc. boosted its stake in Camtek by 9.0% in the 1st quarter. Blue Trust Inc. now owns 4,237 shares of the semiconductor company's stock worth $248,000 after purchasing an additional 351 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Camtek by 4.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 11,609 shares of the semiconductor company's stock worth $681,000 after purchasing an additional 457 shares in the last quarter. HBK Sorce Advisory LLC boosted its stake in Camtek by 9.8% in the 1st quarter. HBK Sorce Advisory LLC now owns 8,524 shares of the semiconductor company's stock worth $500,000 after purchasing an additional 759 shares in the last quarter. Finally, TD Asset Management Inc boosted its stake in Camtek by 23.4% in the 1st quarter. TD Asset Management Inc now owns 5,474 shares of the semiconductor company's stock worth $313,000 after purchasing an additional 1,039 shares in the last quarter. 41.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on CAMT shares. Jefferies Financial Group set a $105.00 target price on shares of Camtek and gave the stock a "buy" rating in a research note on Tuesday, August 5th. B. Riley lifted their price objective 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. Cantor Fitzgerald set a $80.00 price objective on shares of Camtek and gave the company a "neutral" rating in a report on Tuesday, June 24th. Zacks Research raised shares of Camtek to a "hold" rating in a report on Monday, August 11th. Finally, Evercore ISI upped 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. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $96.10.

Camtek Stock Performance

NASDAQ CAMT traded up $1.20 during mid-day trading on Thursday, reaching $77.93. 163,231 shares of the stock were exchanged, compared to its average volume of 458,912. The business's 50 day moving average is $88.05 and its 200-day moving average is $74.59. Camtek Ltd. has a 1 year low of $47.41 and a 1 year high of $110.73. The company has a market capitalization of $3.55 billion, a P/E ratio of 28.54, a P/E/G ratio of 2.15 and a beta of 1.35. 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 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. Camtek had a net margin of 28.36% and a return on equity of 23.95%. The firm 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 earnings per share. The firm's quarterly revenue was up 20.2% compared to the same quarter last year. Camtek has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Camtek Ltd. will post 2.93 EPS for the current fiscal year.

About Camtek

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.