Trexquant Investment LP Decreases Stake in Camtek Ltd. $CAMT

Key Points

• Trexquant Investment LP reduced its stake in Camtek Ltd. by 56.3% during the first quarter, holding 7,979 shares worth approximately $468,000 following the sale of 10,282 shares.
• Analysts have set new price targets for Camtek, with Stifel Nicolaus and Needham & Company raising their estimates to $98.00, indicating a positive outlook for the stock.
• Camtek reported earnings of $0.79 EPS, meeting consensus estimates, and showed a 20.2% increase in revenue year-over-year, reaching $123.32 million for the quarter.

Trexquant Investment LP lowered its stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 56.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,979 shares of the semiconductor company's stock after selling 10,282 shares during the period. Trexquant Investment LP's holdings in Camtek were worth $468,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Camtek in the first quarter worth $31,000. State of Wyoming raised its holdings in shares of Camtek by 146.2% in the fourth quarter. State of Wyoming now owns 2,021 shares of the semiconductor company's stock worth $163,000 after buying an additional 1,200 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Camtek by 9.0% in the first quarter. Blue Trust Inc. now owns 4,237 shares of the semiconductor company's stock worth $248,000 after buying an additional 351 shares during the last quarter. TD Asset Management Inc raised its holdings in shares of Camtek by 23.4% in the first quarter. TD Asset Management Inc now owns 5,474 shares of the semiconductor company's stock worth $313,000 after buying an additional 1,039 shares during the last quarter. Finally, Cynosure Group LLC raised its holdings in shares of Camtek by 44.6% in the first quarter. Cynosure Group LLC now owns 5,864 shares of the semiconductor company's stock worth $344,000 after buying an additional 1,808 shares during the last quarter. Hedge funds and other institutional investors own 41.93% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Stifel Nicolaus increased their price objective on shares of Camtek from $84.00 to $98.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. B. Riley increased their price objective on shares of Camtek from $85.00 to $95.00 and gave the stock 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 stock a "neutral" rating in a research note on Tuesday, June 24th. Oppenheimer assumed coverage on shares of Camtek in a research note on Wednesday, July 2nd. They issued an "outperform" rating and a $100.00 price objective on the stock. Finally, Needham & Company LLC increased their price objective on shares of Camtek from $80.00 to $98.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Camtek presently has a consensus rating of "Moderate Buy" and a consensus target price of $96.10.

Camtek Stock Up 2.9%

Shares of NASDAQ CAMT opened at $81.07 on Tuesday. The company's 50-day simple moving average is $87.75 and its 200-day simple moving average is $74.42. Camtek Ltd. has a 52-week low of $47.41 and a 52-week high of $110.73. The firm has a market cap of $3.70 billion, a price-to-earnings ratio of 29.70, a price-to-earnings-growth ratio of 2.05 and a beta of 1.35. The company has a quick ratio of 4.38, a current ratio of 5.41 and a debt-to-equity ratio of 0.32.

Camtek (NASDAQ:CAMT - Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.79. The business had revenue of $123.32 million for the quarter, compared to analyst estimates of $121.57 million. Camtek had a net margin of 28.36% and a return on equity of 23.95%. The company's revenue for the quarter was up 20.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.66 earnings per share. Camtek has set its Q3 2025 guidance at EPS. Equities analysts predict that Camtek Ltd. will post 2.93 EPS for the current fiscal year.

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.

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