Stratos Wealth Partners LTD. Buys 2,895 Shares of Camtek Ltd. $CAMT

Key Points

• Stratos Wealth Partners LTD. increased its stake in Camtek Ltd. by 70.1%, acquiring an additional 2,895 shares to hold a total of 7,024 shares valued at $594,000.
• Multiple institutional investors have also significantly increased their positions in Camtek, with UBS AM boosting its stake by 110.5%, holding over 1 million shares valued at $59.5 million.
• Research analysts have a consensus target price of $110.30 for Camtek, with nine analysts rating it as a "Buy" and three as a "Hold."

Stratos Wealth Partners LTD. raised its stake in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 70.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,024 shares of the semiconductor company's stock after acquiring an additional 2,895 shares during the quarter. Stratos Wealth Partners LTD.'s holdings in Camtek were worth $594,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of CAMT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Camtek by 110.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,015,307 shares of the semiconductor company's stock valued at $59,527,000 after acquiring an additional 532,944 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in Camtek by 27.8% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,134,671 shares of the semiconductor company's stock valued at $123,622,000 after acquiring an additional 464,671 shares in the last quarter. Phoenix Financial Ltd. boosted its position in Camtek by 266.0% during the 1st quarter. Phoenix Financial Ltd. now owns 469,178 shares of the semiconductor company's stock valued at $27,740,000 after acquiring an additional 341,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in Camtek by 27.6% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,448,441 shares of the semiconductor company's stock valued at $84,922,000 after acquiring an additional 312,988 shares in the last quarter. Finally, First Wilshire Securities Management Inc. boosted its position in Camtek by 1,525.1% during the 1st quarter. First Wilshire Securities Management Inc. now owns 194,802 shares of the semiconductor company's stock valued at $11,421,000 after acquiring an additional 182,815 shares in the last quarter. Institutional investors own 41.93% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CAMT. Needham & Company LLC raised their price objective on Camtek from $80.00 to $98.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Bank of America raised Camtek from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $95.00 to $135.00 in a research report on Monday, October 13th. Jefferies Financial Group set a $105.00 price objective on Camtek and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Evercore ISI raised their price objective on Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Finally, Northland Securities set a $140.00 price objective on Camtek in a research report on Tuesday, October 7th. 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, the company has an average rating of "Moderate Buy" and a consensus target price of $110.30.

Camtek Stock Performance

Shares of CAMT opened at $118.08 on Friday. The stock has a 50-day moving average of $98.46 and a two-hundred day moving average of $83.65. 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 stock has a market cap of $5.38 billion, a P/E ratio of 43.25, a P/E/G ratio of 2.93 and a beta of 1.39.

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, hitting analysts' consensus estimates of $0.79. Camtek had a return on equity of 23.95% and a net margin of 28.36%.The company had revenue of $123.32 million during the quarter, compared to analysts' expectations of $121.57 million. During the same quarter in the previous year, the firm posted $0.66 EPS. The firm's revenue was up 20.2% compared to the same quarter last year. Camtek has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Camtek Ltd. will post 2.93 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.