Sei Investments Co. Has $2.48 Million Stock Holdings in Veeco Instruments Inc. $VECO

Key Points

• Sei Investments increased its Veeco Instruments stake by 210.9% in the first quarter, owning 73,163 shares valued at approximately $2.48 million. Institutional investors collectively hold 98.46% of the company.
• Veeco reported quarterly earnings of $0.33 per share, beating estimates of $0.26, while revenue rose 16.5% year over year to $193.48 million. The company provided fiscal 2026 EPS guidance of $1.36 to $1.61.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and a $48.33 price target despite some upgrades. Meanwhile, insiders sold 231,309 shares worth roughly $14.3 million over the past 90 days.

Sei Investments Co. lifted its holdings in shares of Veeco Instruments Inc. (NASDAQ:VECO - Free Report) by 210.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,163 shares of the semiconductor company's stock after purchasing an additional 49,631 shares during the period. Sei Investments Co. owned 0.12% of Veeco Instruments worth $2,477,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VECO. Smartleaf Asset Management LLC lifted its stake in Veeco Instruments by 75.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company's stock valued at $49,000 after buying an additional 1,019 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of Veeco Instruments by 125.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company's stock worth $70,000 after buying an additional 1,370 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Veeco Instruments during the 4th quarter worth approximately $77,000. Johnson Financial Group Inc. bought a new stake in shares of Veeco Instruments in the 3rd quarter valued at $91,000. Finally, Global Retirement Partners LLC lifted its position in shares of Veeco Instruments by 16,961.9% during the 4th quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company's stock valued at $102,000 after acquiring an additional 3,562 shares during the period. Institutional investors and hedge funds own 98.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Wall Street Zen raised shares of Veeco Instruments from a "hold" rating to a "buy" rating in a research note on Saturday. Zacks Research downgraded shares of Veeco Instruments from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 6th. Barclays upped their price objective on shares of Veeco Instruments from $30.00 to $55.00 and gave the company an "equal weight" rating in a report on Tuesday, May 19th. Weiss Ratings upgraded Veeco Instruments from a "sell (d+)" rating to a "hold (c)" rating in a research note on Thursday. Finally, Citigroup boosted their target price on Veeco Instruments from $40.00 to $60.00 and gave the company a "buy" rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Veeco Instruments has a consensus rating of "Hold" and a consensus target price of $48.33.

Veeco Instruments Stock Performance

NASDAQ VECO opened at $52.78 on Friday. The company has a market cap of $3.23 billion, a P/E ratio of 146.61 and a beta of 1.38. The company has a fifty day simple moving average of $61.13 and a 200 day simple moving average of $47.28. The company has a current ratio of 3.93, a quick ratio of 2.86 and a debt-to-equity ratio of 0.25. Veeco Instruments Inc. has a 12-month low of $22.32 and a 12-month high of $86.63.

Veeco Instruments (NASDAQ:VECO - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.07. Veeco Instruments had a net margin of 3.40% and a return on equity of 3.52%. The firm had revenue of $193.48 million for the quarter, compared to the consensus estimate of $180.08 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The business's revenue was up 16.5% on a year-over-year basis. Veeco Instruments has set its FY 2026 guidance at 1.360-1.610 EPS and its Q3 2026 guidance at 0.350-0.490 EPS. Sell-side analysts predict that Veeco Instruments Inc. will post 1.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Gordon Hunter sold 16,974 shares of the firm's stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $68.80, for a total value of $1,167,811.20. Following the transaction, the director owned 11,236 shares of the company's stock, valued at approximately $773,036.80. This trade represents a 60.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Susan Wilkerson sold 15,506 shares of the firm's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $69.56, for a total transaction of $1,078,597.36. Following the completion of the transaction, the senior vice president directly owned 27,468 shares in the company, valued at approximately $1,910,674.08. The trade was a 36.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 231,309 shares of company stock worth $14,295,115 over the last ninety days. Insiders own 2.70% of the company's stock.

About Veeco Instruments

Veeco Instruments Inc NASDAQ: VECO is a leading supplier of process equipment for the semiconductor, data storage, wireless communications, power electronics and advanced packaging industries. The company designs, manufactures and services precision tools used to grow, deposit and etch thin films on substrates, enabling the fabrication of chips, light-emitting diodes (LEDs), micro-electromechanical systems (MEMS) and high-density storage devices. Veeco's platforms are deployed across fabrication facilities worldwide, where they support key processes in materials science and device manufacturing.

Veeco's product portfolio spans molecular beam epitaxy (MBE), metal organic chemical vapor deposition (MOCVD), atomic layer deposition (ALD), ion beam etch and deposition, and high-precision wet and dry etch systems.

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