G2 Investment Partners Management LLC Acquires 6,444 Shares of Camtek Ltd. (NASDAQ:CAMT)

G2 Investment Partners Management LLC grew its stake in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 6.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,257 shares of the semiconductor company's stock after buying an additional 6,444 shares during the quarter. Camtek comprises 2.4% of G2 Investment Partners Management LLC's holdings, making the stock its 13th biggest position. G2 Investment Partners Management LLC owned about 0.25% of Camtek worth $9,148,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CAMT. HighTower Advisors LLC increased its stake in shares of Camtek by 75.6% during the 4th quarter. HighTower Advisors LLC now owns 9,926 shares of the semiconductor company's stock worth $802,000 after purchasing an additional 4,272 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in shares of Camtek by 1.5% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 25,150 shares of the semiconductor company's stock valued at $2,031,000 after acquiring an additional 381 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Camtek by 9.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 963,874 shares of the semiconductor company's stock valued at $77,852,000 after acquiring an additional 81,709 shares in the last quarter. Y.D. More Investments Ltd boosted its position in shares of Camtek by 6.0% during the 4th quarter. Y.D. More Investments Ltd now owns 525,413 shares of the semiconductor company's stock valued at $42,905,000 after acquiring an additional 29,580 shares in the last quarter. Finally, Swiss National Bank boosted its position in shares of Camtek by 2.4% during the 4th quarter. Swiss National Bank now owns 59,008 shares of the semiconductor company's stock valued at $4,813,000 after acquiring an additional 1,369 shares in the last quarter. 41.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CAMT. Barclays reduced 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. Cantor Fitzgerald initiated coverage on shares of Camtek in a research note on Monday, January 13th. They issued a "neutral" rating and a $100.00 target price for the company. Jefferies Financial Group lowered their price objective on shares of Camtek from $120.00 to $85.00 and set a "buy" rating for the company in a research report on Friday, March 28th. StockNews.com raised shares of Camtek from a "sell" rating to a "hold" rating in a research report on Wednesday, April 23rd. Finally, Bank of America reduced their target price on shares of Camtek from $105.00 to $80.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $103.13.

Camtek Stock Up 4.0%

CAMT stock traded up $2.63 during midday trading on Monday, reaching $69.20. 766,765 shares of the company's stock traded hands, compared to its average volume of 567,871. Camtek Ltd. has a 52 week low of $47.41 and a 52 week high of $140.50. The company has a quick ratio of 4.11, a current ratio of 5.00 and a debt-to-equity ratio of 0.36. The company has a market cap of $3.16 billion, a price-to-earnings ratio of 28.60, a P/E/G ratio of 1.89 and a beta of 1.36. The firm's fifty day moving average price is $62.89 and its 200-day moving average price is $75.68.

Camtek (NASDAQ:CAMT - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. As a group, sell-side analysts forecast that Camtek Ltd. will post 2.93 earnings per share for the current fiscal 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.